Major Applications of the Surplus Oilfield Equipment

Equipment costs form the largest bulk of operational expenses in the oil and gas drilling industry. The rough terrains, extreme weather and year-round operations demand regular replacement of all equipment. Also, with the oil and gas industry equipment being large and difficult to carry for longer distances, there exists a need for near-at-hand products that can help a firm do its job without any cost or time overruns.

These practical considerations have created a need for surplus oilfield equipment over the years. These surplus oilfield equipment also come in handy in tricky situations where immediate replacement is required due to small breakdowns and malfunctions in equipment. Some of the more in-demand equipment include:

• Mud Pumps: Used in the pumping operation to move the drilling fluid down the drill string and again up the annulus.

• Storage Tanks: These are of different types and used for storing different fluids such as oil or saltwater. Storage tanks are usually columnar and closed at the top.

• Mud Tanks: These tanks are usually made of steel and used to store the drilling fluid on drilling rigs. They are usually open top. The name originates from the early days when these were simple pits in the earth used to store the liquid.

• Solids Control Equipment: These help remove the solids that come up during drilling. These products help reduce the treatment cost of drilling fluid and prevent any damage to downhole tools.

In addition, drilling companies require various light and heavy spare parts on a regular basis. These parts include deadline anchors, weight indicators, blowout preventers, casing, elevators, drill collar elevators, drill pipe elevators, hydraulic catheads, casing elevating spiders, Kelly drive bushings, master bushings, rotary strips, rotary swivels, rotary tables, rotary tongs, traveling blocks, Kelly valves, crown blocks, casing bushings, and elevator bales-links.

Several components related to rotary tables, Kelly bushings, pumps, and elevators are considered as critical to the oil and gas industry, as without them a drilling operation cannot be completed. Also, coolant pumps and storage tanks are the equipment that these companies require on a regular basis.