Problem Statement

Drilling contractors worldwide hold significant capital locked in idle equipment and materials. Based on our direct industry experience, many companies carry up to $5–10 million of slow-moving inventory per warehouse or location that accumulated from completed campaigns, rig upgrades, specification changes, and over-ordering. That capital sits on shelves!

At the same time, other drilling companies face operational delays only because a required spare part is unavailable or must be purchased from OEMs at full price with long lead times.

So while some companies sit on abundance, others struggle with deficiency.

AvailEquip Solution

We are a vertical marketplace dedicated exclusively to drilling equipment, materials, spare parts and consumables.

We help drilling companies monetize surplus inventory and help other drilling companies source required parts efficiently and securely.

Because excess inventory lists often contain thousands of poorly structured line items, we have built our own proprietary AI system to process them at scale.

Our technology ingests messy spreadsheets, extracts part numbers, standardizes descriptions, assigns structured attributes, and organizes data into searchable formats making surplus drilling stock accessible to real operational needs.

We provide a technological solution that help turns idle drilling stock into working capital while helping reduce waste and downtime across the industry.