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Surplus

Our principals have in depth experience in plant & field operations, manufacturing, remanufacturing, repurposing and market supply and demand.

RARE will personally visit your site to do an external visual inspection and provide pictures of your pieces of equipment. Our sales  team will also provide an estimated "current market value".

Added Value

Detailed Inventory Service

Logistic Support

Technical Advice

Repair, re-purpose, recondition equipment for internal Re-Use 

Equipment Inspections

RARE Can work with teams to re use internal assets or supply assets from other large oil companies to reduce capital budgets 

Fair Market Value Assessments

Current Market Value

Current Market Value or "CMV" takes several factors into account. 

It is not replacement cost, it considers general condition of the equipment, timing of the potential sale, disconnection, cleaning, liquids disposal, loading, transportation and current market conditions. There is also consideration given for how the equipment being valued will affect market conditions (potential flooding of the market etc.)

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