Industries
"We are familiar with the oilfield through real-world experience. From engineering plans to spud through production, our focus is delivering competitive options and cost management for your insurance program."
Recent Clients
Offshore Engineering Firm, TX
Mudlogging, ND
Carbon Capture, CA
Drilling Contractor, AK
300+ Well Operator, LA
Pipeline Contractor, WY
Every Dollar Counts
Falcon West Energy brings a deep understanding of technology-driven, logistically complex, and competitive industries where every dollar counts. Coming from an oil and gas engineering background, we understand the unique challenges facing energy leaders. You can operate with confidence that your insurance dollars are being applied optimally to protect your business.
Our Process
Our insurance brokerage responds to client needs first and foremost:
- Discovery: We learn about your specific operations and exposures
- Analysis: Our brokers conduct a deep dive into current coverages with our energy advisory council
- Consultation: We share those insights from an insurance viewpoint
- Strategy: We build a strategy for your company to remain competitive in the insurance market
- Solutions: We remain close to support you and your people
CORE Program
KPA EHS
We partner with KPA to provide foundational EHS training and documentation, and many of our carriers provide additional Well Control, Kick Assitance, and other ongoing opportunities.
MSA Review
As part of our up-front services, we review Master Service Agreements (MSA), Independent Contractor Agreements (ICA), and Joint Operating Agreements (JOA) for insurance guidance.
ISNet
We connect with ISNet to assist with providing updated COIs to your clients, removing administrative work and streamlining your insurance processes.
Claims Guidance
If a claim should arise, we provide guidance each step of the way, providing clarity and efficient resolution.
Expert Advise
Customized insurance renewal and marketing strategies so you are properly covered and know that your options have been vetted.
AM Best "A" Carriers
Our carriers will always carry an AM Best "A" Excellent rating. Your coverage is secure with a financially strong carrier.
We live and breathe energy...
We're always at the ready to guide you with your insurance program. Call Peter Brecht, our team lead, below or send an email. We'd love to visit with you and see how we can provide you with an insurance strategy that wins.
Proof of Work
Through our policy audits and contract reviews, we have identified recurring coverage gaps and structural misalignments in insurance programs, Master Service Agreements (MSAs), and Independent Contractor Agreements.
Our whitepaper, updated in August 2025, presents specific examples from recent client engagements, demonstrating how technical exposures and contract oversights translate into real risk.
Leadership
Carly Brown
Account Manager
Darren Bayless
Broker
Darrick Huddleston
Broker
Dave Hodges
Broker
Maceo Brown
Broker
Marian Dougenis
Business Development
Mike Tanghe
President
Peter Brecht
Broker
Wade Spear
Engineer
Captive Program
Captive Programs provide specialized insurance solutions where a company forms its own insurance entity to manage and finance its unique risks.
Why look into a captive program?
With over 15 years of engineering field experience and a panel of industry consultants, we have successfully improved premium management strategies for companies across the United States and abroad. This provides benefits from both a cost and coverage perspective.
Captive Programs offer greater control over coverage, pricing, and claims while potentially reducing costs and improving long-term risk management.
While we partner with most of the oil and gas insurance carriers, we also provide access to a specialized captive program for oil and gas companies.
Benefits of a Captive Program
- Pricing is primarily based on member’s 5 year loss experience
- Investment income earned on loss funds & cash collateral
- Premium & collateral formula explicitly defined
- Proven, reliable method for closing underwriting years
- Underwriting profit returned as dividends to member-owners
Renting Versus Owning
As premiums have risen over the last few years, the insurance conversation and landscape has changed. Companies want to move from essentially renting insurance, to becoming owners of their program.
This is especially true for companies with a reputation for safety and excellence in operations. You don’t need to be a cash cow for insurance carriers, and can instead experience net positive results and even greater independence with a different strategy.
Not all captives are created equal. We partner with Captive Resources to provide administrative support, and they in turn manage most captive programs across the United States.
We’re excited to share this strategy to capitalize on a new era of growth for oil and gas, and look forward to hearing from you.
Where we've seen success:
- Companies with best-in-class commitment to safety and claims oversight
- Risk assessment: Engineering companies that are classified as high-risk due to oilfield exposure may be placed into a program with better benchmarks.
- Simplified administration process