Important tips to find the best rental drilling equipment on the internet

Buying or rental drilling equipment has always been a debate that most of the construction companies have had since so many years. In recent years, the trend has been shifted to trending. There are various reasons for this.

For most of the companies, renting the equipment is much cheaper than purchasing it. Maintenance cost is nothing and void when you rent it you get more equipment at your disposal, so you are free to take a lot more jobs. You are also going to avoid insurance, storage fees, and transportation costs which will save a lot of money down the road.

Once you realize that renting is the best option to go with, there are some of the tips that would help you to get the most out of your rental equipment.

• Availability of training

One of the biggest concerns that come up while renting heavy equipment is safety. How would you know whether your employees know how to use every piece of equipment? A reliable rental company can provide you with the proper training that the employees need to be able to use the equipment safely.

• Customer service

Before deciding on the rental company, make sure to do the research. Either by asking someone or researching for the reviews online, find a company which is reliable and that other people have had good experience with. The employees of a rental company must know about different rental drilling equipment pieces and be able to help you find the right job equipment.

• Maintenance on a regular basis

When you decide which company to rent your equipment from, ask about the maintenance schedule. It is essential for reliable machinery to be maintained regularly. One of the biggest advantages of renting is you get the option of using better and newer equipment without buying it. Find if the new technology is offered by the rental company.

Bottom Line

Rental drilling equipment is the best option when it comes to using heavy equipment. Just ensure to go through the reviews, training program, and the maintenance schedule.

Source:https://watersintl.com/important-tips-find-best-rental-drilling-equipment-internet/

What Difference does Rental Drilling Equipment Make on a Business?

Drilling equipment rental business popularity has increased rapidly because of various reasons. Some of the major contributors in the development of drilling equipment rentals are increasing economic uncertainty, buying the equipment, updating of technology, low capital, and costly breakdown, limited availability of the space and growth of infrastructure which has forced the companies to find different ways to save money wherever it’s possible. In most of the cases, renting has come to be on priority for most of the organizations and this has even given them the capability to cut costs and run a financially stable business of construction.

Nowadays, most of the drilling equipment users prefer to rent it. This has proved to be a beneficial method for the market of drilling equipment because, with more of its finances and the increasing number in rentals, the demand is said to be only increased.

Here are some of the advantages of drilling equipment rental which is leading to an increase in the rental business of drilling equipment in the country.

• It keeps safe from market fluctuations :- Given that this sector is dynamic and most of the things can influence the market, the sinking and rising cost of the equipment can affect the business highly. In these cases, renting drilling equipment can provide privacy to the company. Renting is always the best option and this way, you’ll also be able to handle the fall and rise of the market forces.

• Helps to avoid the initial cost of purchasing :- A lot of investment is needed to buy new equipment as they are expensive and can even affect the budget of a company. However, renting can help to avoid the costs connected with buying and therefore, you can allocate your resources in a better way.

• No cost of the depreciation associated :- As soon as you get any equipment, it starts to depreciate. So, when you become the owner of drilling equipment, you might have to incur the costs of depreciation. Additionally, as technology is getting advanced, there comes a risk of equipment to get obsolete. It is always better to go with drilling equipment rental.

Bottom line

With the companies seeing the benefit of renting, the rental market is growing at a fast pace and it is expected to boom in the coming years.

Source:- https://watersintl.com/difference-rental-drilling-equipment-make-business/

Getting Used Oilfield Equipment Saves Money

Oilfield explorations involve huge investment for getting heavy machinery. Whether you are new to the industry or going for an expansion of your venture, you should spend some time in planning for the purchase of the machinery and also work on the capital that is required for purchasing these machinery. Whether you opt for brand new machinery or going in for used or reconditioned or you might even go for the renting of machinery. All of them comes with their own pros and cons. You have to take into account these factors both for your current as well as future needs. Let’s see here how buying used oil field equipment saves money.

• Buying new oil field equipment is an ideal choice but it involves huge investment. As the new machines are not subject to any depreciation, they are quite costly. They are also free from any mechanical issues that used equipment are prone to because of many years of its use. It is also to be noted that many operations are transient in nature and buying new equipment is impractical.  Hence, mostly the companies will opt for used equipment for sale or go for renting of the machinery which makes it most cost-effective for their applications.

• Going for used equipment is ideal especially when you do not have enough budget to go for new equipment and it needs to operate for a long term. Sometimes you may not get specific type of rig that you are looking for. Under the circumstances, go for used equipment. Normally, the companies that offer used oil field equipment will have a wide variety of heavy-duty machinery which are reconditioned as well as restored so that it can perform to its optimum.

• For those who find it impossible to go for investing in the new equipment might opt for used oil field equipment. This expense can be treated as operational expenses. Normally, when you buy the used oil field equipment from a reputed supplier, they will take care of the maintenance and upkeep of this equipment. This will give the oil field company a greater relief.

These used oil field equipment supplier is available online and you can go through their website and select the one that suits you the best.

Source:- https://watersintl.com/getting-used-oilfield-equipment-saves-money/

Things To Keep In Mind While Searching For Oil Field Equipment Supplier

If you are working in the oil field, you will need a lot of equipment that is of high priority. A broken centrifuge or oil filter can cause an undue delay if not rectified or replaced instantly. Hence, the necessity for a good oilfield equipment supplier to cater to all the requirements at the shortest possible opportunity. Apart from that, you also need to consider factors such as price, lead time and quality of machines and equipment that you procure from the supplier. Let’s see here how to choose the best and most reliable oil and gas equipment supplier and operations.

References and Internet

You can take references from your friends, family, acquaintances and others in the field to suggest the name of the good suppliers. You can consult them and enquire with them to know more about the efficiency of the services as well as the quality of the equipment they bought from the oil field equipment supplier. These days you can also find the right oil field equipment supplier from the internet as well as from the web forums. Though you get from the internet, you will have to do thorough research before you actually go in for the purchase.

Check the Certifications

Once you select the supplier, you should browse through their website and check for the certifications and accreditations that they hold. Some of the important certifications and registrations that an oil field equipment supplier should hold are:

·         QMS (Quality Management Certification)

·         API (American Petroleum Institute) Spec Q1 registration.

All those who hold the above certifications are inspected and audited by experts for their operations. Hence, they are reliable as they will provide only quality oil field equipment.

Affordability

You can ask for a quotation for the prices of the oil field equipment from leading suppliers and compare them to find the one that suits your budget. Keep in mind that oil equipment such as elevators, mud tanks, and others would require inspection as well as service periodically. Hence, it is essential that you collaborate with a reliable and affordable supplier. The best suppliers might also offer you with equipment rental options. This will keep your operation cost in control which will result in maximum profitability.

When you are going in for an oil field equipment supplier, he should offer you with a comprehensive range of equipment and also provide options such as renting, buying and leasing the machines. This will provide you with the most viable as well as cost-effective option. The customer friendliness and low lead times are the other factors that should be considered while selecting an oil field equipment supplier.

Source:- https://watersintl.com/things-keep-mind-searching-oil-field-equipment-supplier/

4 Things to Know About Drilling Equipment Rental

Renting oil and gas equipment can be a suitable option when a company wants to save on the upfront cost while running its operations in full flow and without any downtime and lags. Fortunately, there are leading and certified oil equipment companies, manufacturers and suppliers in Houston and USA that have a tremendous number of options when you are looking to rent oil and gas equipment for your operations.

Comprehensive Range of Equipment

You can rent a comprehensive range of equipment from the leading manufacturers and suppliers like Waters International in Houston and America. Buying the larger machines and oilfield equipment may not be a possible option for many of the companies because of the phenomenal cost involved. The companies can, therefore, choose the option of renting the equipment from the leading manufacturers and suppliers. Some of the equipment that can be rented include the oilfield anchors, preventers, elevators, Catheads, slips and pipes, bushings, valves, tongs, swivels, mud pumps and tanks, solid control equipment, converters, dampeners and others. If you are looking for used oil equipment, these companies have suitable options for you again, and the used oil equipment is only sold to you after they are inspected and checked for their reliability and quality.

After Sales Service and Support

Manufacturers and suppliers who provides drilling equipment rental should also offer the after-sales service and support facilities to their clients. These leading companies dealing in oil equipment have the engineers and experts to carry out an onsite evaluation, inspection, and service of oil equipment that you rent from them. The companies may also present you the service plans of longer duration. You can buy any of these service plans and ensure that your oil field equipment is periodically and regularly inspected, checked, and serviced and always offers you optimized outputs while keeping the errors and accidents at bay.

Audited For the Quality

The leading manufacturers and suppliers of rental equipment that have been registered with QMS (Quality Management System) and API (American Petroleum Institute) Spec Q1 have their facilities, operations, and product inspected for quality by the industry experts and others. Therefore any rental equipment that you procure from these licensed and certified suppliers and manufacturers has good quality and can be used with complete peace of mind.

Affordability

There are not one but many companies that can today rent to you the oil and gas field equipment. The benefits here are not limited to choices available, but a company may also compare the equipment firm’s in-lieu of the prices and choose the most affordable option.

A leading firm for procuring and renting oil equipment and manufacturer like Waters International has for you a wide range of Oil and Gas equipment for rent. Apart from renting quality oil equipment, you can choose the company for buying used or new oil equipment as well. The certified company is very reputed and has spent decades in the oil and gas equipment business, delighting clients with quality products that enhance productivity and keep down times at bay.

Source:-https://watersintl.com/4-things-know-drilling-equipment-rental/

7 Benefits of Rental Drilling Equipment

There is a lot that goes on in an oil field and that is why those who are doing it day in and out would agree that running an oil field is not a cheaper matter at all. While equipment requirements are something to deal with every year, the idea of renting them out sounds definitely appealing for those who would want to save costs.

Renting out drilling equipment, or any rig equipment is much easier and comes with some incredible benefits.

      1.      Saves upfront cost

The cost of buying oil rig equipment is huge. Renting them out to does the work can reduce the upfront cost involved in buying new or old drilling equipment.

      2.      Avoids time-delays

When you order equipment, the processing and delivery take a large number of essential man hours. There is also the time taken for assembling them to fit your rig requirements. All this can be avoided with rental drilling equipment.

      3.      Maintain integrity and quality

The equipment supplied on rent comes with a guarantee of quality and integrity. If not, you can always return it back without paying the rent.

      4.      Decreases the space constraints

The oil rig is always crowded up with workers, machinery and a lot more. Instead of crowding it further, one can always rent out the equipment to make the matters easier.

      5.      Reduces compliance worries

Rental equipment would have gone through the rigors of quality testing, emission testing and all that, to ensure they are according to the standards prescribed.

      6.      Lowers maintenance expense

Rental equipment is checked and maintained by the suppliers. This again saves the maintenance expense from our side.

      7.      Achieves worry-free and stress-free working

With rental equipment available just on call or through online requests, it makes it easier to have a hassle-free and stress-free working, at least in terms of equipment requirements.

Best Ways to Find Used Oilfield Equipment For Sale Online

While it is essential to invest in high-quality oilfield equipment, not every business may have sufficient capital for it. If that is the case, there is the option to lease or at least buy used oilfield equipment for sale online. Used equipment can be a good investment, too, especially in a fast-paced and demanding oil and gas drilling industry, as it is significantly cheaper than when you buy brand new products. Just be sure to buy from an established and dependable supplier, so you can be confident in the quality of the equipment.

Start your hunt for used oilfield equipment for sale online by finding the right supplier, preferably a company that is API Spec Q1 and QMS registered. Moreover, consider the years it has been in business. The best supplier has been around for decades. Longevity is usually a good indicator that the company is trustworthy and reliable, or it would not have lasted that long. It reflects extensive knowledge and expertise in oilfield equipment, too, so you can count on them when you need advice on which equipment is right for your needs and budget.

Once you have found a supplier, go over their selection of used oilfield equipment for sale to start narrowing the choices down to the products that fit your requirements. An inventory of used equipment will include all the necessary products, like electric or diesel triplex mud pumps, solids control equipment, and mud tanks. Choose the products that you need before requesting a quote from the supplier. Some suppliers offer online forms, which they customized to every specific requirement, so you can quickly learn more about the products that interest you. Consider working with a company that carries only the most trusted brands in oilfield equipment.

Ensure that the used oilfield equipment is in good working condition. Reputable suppliers take the time to test their products and conduct the necessary maintenance or repair before putting them up for sale. Some of the best providers of used oilfield equipment for sale offer value-added services for the products they carry.

Source:- https://watersintl.com/best-ways-find-used-oilfield-equipment-sale-online/