We have studiously collected information on the market for surplus octg pipe for the last 10 years — sale prices, buy prices, auction prices, distributor prices and market factors.
Mathematicians worked closely with industry insiders to help us develop and back-test a state-of-the-art pricing method.
Each day, new information (transactions, prices and market conditions) is collected and fed into the machine, so that we can produce for you up-to-date, fair and accurate prices.
Oilfield Inventory Assessment removes the guesswork from the tubular management process, meaning consistent, trackable, and reliable valuation routed in factual data and statistical analysis.
Quick appraisal
Downloadable reports
Accurate quotes based on statistics
View a history of all your appraisals
Mark-to-Market can save your company millions when you need it most, in an economic down-turn
With Oilfield Inventory Assessment, your information is never out of date.
The FairMarketPrice $ changes every day, as market circumstances change.
See how we stack up against the traditional valuation method.
Upload your pipe characteristics once and let our program determine the FairMarketPrice $
Ask your favorite surplus dealer to give you a proposal or set an arbitrary mark-down percentage.
Estimates are based upon actual sales and market conditions. The law of large numbers ensures that the sum of your appraisals is exceedingly accurate -more accurate than any individual price.
Individual estimates based on feelings and assumptions that are added up. These errors accumulate, skewing your total assessment.
Download your Pipe Fact-Sheet or your Spreadsheet Report directly
Fill out a spreadsheet or document with all of the appraisal values you have collected
All of your previous appraisals can be conveniently found within your OIA profile
Constantly updating documents and spreadsheets, keeping all of your appraisals in one spot can become a nightmare.
1
Gather information on your pipe inventory (size, weight, grade, condition, etc.)
2
Tell us about your pipe by filling out our form -or- upload a spreadsheet.
3
For each type of pipe, you learn the FairMarketPrice $ — based on what other companies are buying and selling in the market and taking into account market factors, like interest rates, oil prices, metal prices, market supply, market demand, and rig count.
4
If you like what you see, download our Ready-to-Go fact sheet -or- our spreadsheet report, that you can use to mark down your pipe for tax purposes, budget for future projects, set a sale price, or negotiate a purchase.