Where to Buy Surplus Drilling Equipment
Access to Quality and Ready-to-Ship Drilling Equipment and Spare Parts
Surplus drilling equipment is widely available across the oil and gas industry, but finding the right equipment quickly and at a fair price can be challenging. Many drilling contractors and oilfield service companies accumulate large amounts of unused inventory after completing campaigns, upgrading rigs, or changing specifications.
At the same time, other companies urgently need the exact same equipment to keep their operations running.
This mismatch between surplus inventory and operational demand creates an opportunity for a secondary market for drilling equipment.
Common Sources of Surplus Drilling Equipment
Surplus drilling equipment typically originates from:
Drilling Contractors
- Idle rig equipment
- Spare parts stocked for previous campaigns
- Equipment replaced during rig upgrades
Oilfield Service Companies
- Excess inventory from project completions
- Spare parts for discontinued equipment
Equipment Suppliers and Distributors
- Overstocks or unsold inventory
- Warehouse clearances
Operators
- Equipment purchased for projects that were postponed or cancelled
Typical Types of Surplus Equipment Available
Common categories of surplus drilling equipment include:
- Blowout Preventers (BOP)
- BOP spare parts and sealing elements
- Top drives and top drive components
- Mud pumps and fluid end parts
- Drill pipe, HWDP and drill collars
- Shale shaker screens
- Tubular handling tools and spares
- Well control and pressure control equipment
- Cementing equipment
- Electrical and rig power components
- Diesel Generators components and parts
Many of these items are new, unused, or lightly used and available at prices significantly below OEM supply.
Benefits of Buying Surplus Equipment
Purchasing surplus equipment offers several advantages:
- Lower cost
Surplus equipment is often sold at significant discounts compared to OEM pricing.
- Immediate availability
Items are typically already in stock and ready for shipment.
- Reduced lead time
Avoid long manufacturing and delivery timelines.
- Better use of industry resources
Utilizing existing equipment reduces waste and supports a more efficient supply chain.
The Challenge of Finding Surplus Equipment
Despite large volumes of idle equipment existing across the industry, buyers often struggle to locate it because:
- inventory is scattered across multiple companies
- many suppliers do not actively advertise surplus items
- listings are poorly structured or difficult to search
- communication between buyers and sellers is slow
As a result, companies frequently purchase new equipment from OEMs even when suitable items already exist in the market.
AvailEquip Marketplace
AvailEquip is a specialized marketplace for buying and selling surplus and new drilling equipment.
The platform connects drilling contractors, oilfield service companies, and equipment suppliers who want to sell drilling equipment, spare parts, materials, and oilfield inventory with buyers who need equipment quickly and reliably.
If you would like to learn more about the marketplace and the problem it solves, please visit the About Us page.
If your company has surplus drilling equipment or oilfield inventory to sell, you can publish listings and reach buyers worldwide through our For Sellers page.
You can also browse available equipment in the marketplace to see current listings from suppliers around the world.
Start Exploring Available Equipment
If you are looking for surplus drilling equipment, spare parts, or rig components, explore the AvailEquip Marketplace. You may find the exact equipment you need already available from another company in the industry.