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Why Buying Used Oilfield Equipment is a Smart Move

  • Writer: Jeremy Durand
    Jeremy Durand
  • Jul 17
  • 1 min read
Why Buying Used Oilfield Equipment is a Smart Move - Rigmax Inc


In today’s oil and gas industry, efficiency and cost control matter more than ever. One way operators achieve this balance is by choosing used oilfield equipment. From workover rigs (also called service rigs or pulling rigs) to essential support units, pre-owned equipment provides significant advantages without compromising performance.





Why Consider Used Oilfield Equipment?


1. Immediate AvailabilityWaiting 12+ months for new builds can delay projects. Used rigs are typically ready to deploy, keeping operations on schedule.

2. Significant Cost SavingsPre-owned rigs and support units often cost a fraction of new builds, making them ideal for expanding your fleet without breaking the budget.

3. Proven ReliabilityUsed equipment has a track record in real-world conditions. This history helps ensure dependable performance on the job.

4. Lower DepreciationNew equipment depreciates quickly, while used gear maintains its value better over time—delivering stronger ROI.

5. Global OptionsFrom Canada to the U.S. and beyond, finding used oilfield equipment opens access to international markets and wider inventory.


What Types of Equipment Are Commonly Available?


  • Workover Rigs / Service Rigs / Pulling Rigs – Essential for well servicing and intervention.

  • Pressure Trucks – Critical for safe and efficient fluid handling.

  • Hot Oilers – Keep pipelines and wells flowing, even in cold weather.

  • Support Trucks & Accessories – Service trucks, winches, and more.


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