Oilfield Supplies: The Complete Guide to Buying Surplus Equipment

September, 20 2024

Oilfield supplies are essential to ensuring smooth operations in the energy industry. Acquiring surplus equipment offers an efficient and cost-effective way to access high-quality tools and machinery, helping companies optimize their resources without sacrificing performance.

At Canada Oilfield Equipment, we offer an extensive surplus equipment catalogue, featuring everything from pressure control equipment to logging tool sets, available in both new and used condition. Here, we’ll guide you through how to make the most of this option and what to consider when making your purchase.

What is Surplus Equipment?

Surplus equipment refers to tools and machinery that are no longer needed in their original operation but are still in good working condition. These products can be new, used, or refurbished and are typically sold at a significantly lower price than newly manufactured equipment.

In our surplus equipment catalogue, we currently offer:

CWI Slickline Reel (Never Used)
Hydraulic Power Pack 10.8 HP
Slickline Sheaves
Trailer Mounted Grease Injection System
Bowen S-250 Power Swivel Unit
New Gardner Denver Triplex Pump 600HP
FORUM/VANOIL 5-1/8″ Triple BOP Assy
SUDOS Automat-2 Level Gauge
SUDOS Mini 2 Level Gauge

See the full Surplus Equipment category

Benefits of Buying Surplus Equipment

When you choose surplus equipment, your company can enjoy several key advantages:

Cost savings: Surplus equipment, whether new or used, is generally offered at lower prices than new factory equipment, allowing you to stretch your budget further.
Immediate availability: Many surplus items are ready for immediate shipment, cutting down the wait time associated with newly manufactured equipment, which can take weeks or months to deliver.
Sustainability: Buying refurbished or used equipment is a greener option, as it extends the lifespan of the equipment and reduces waste.
Verified quality: Every piece of equipment in our catalogue has been reviewed and guaranteed to meet the necessary quality standards for the industry.

.See the full Surplus Equipment category

What to Consider When Buying Surplus Equipment

When purchasing surplus equipment, it’s important to assess several factors to ensure the equipment meets your operational needs:

Equipment condition: Determine whether the equipment is new, used, or refurbished. In our catalogue, we clearly specify the condition of each product to help you make informed decisions.
Compatibility: Make sure the equipment you’re considering is compatible with your existing infrastructure. Some equipment may require additional adjustments or accessories.
Usage history: For used equipment, inquire about its maintenance and operational history. Our technicians can provide all relevant details about the equipment you choose.
Post-sale support: While surplus equipment generally doesn’t come with the same warranties as new equipment, Canada Oilfield Equipment offers technical assistance and post-sale support to ensure your purchase runs smoothly.

See the full Surplus Equipment category

Surplus Equipment: New vs. Used

A common question is whether it’s better to buy new or surplus equipment. Here are some key considerations:

New: Full warranties and the latest technology updates, though with a higher upfront cost.
Used/Refurbished: Much more affordable, but it’s important to check the operational history and condition. For many companies, refurbished surplus equipment offers the best value for money.

Depending on your specific operational needs and budget, surplus equipment can be an ideal solution.