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Machinery Auctioneers sells over US$30m in trucks and oilfield equipment at auction

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Oilfield Technology,


The Permian Basin saw two competitive auction companies, Machinery Auctioneers and Superior Energy Auctioneers, come together for a common goal. On Tuesday, September 13, 2022, oilfield equipment, trucks, heavy equipment, and other items were auctioned in person and online. The auction saw nearly 2000 registered bidders from all 50 states and 17 foreign countries.

 

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With over 71 000 catalogue views, 498 lots were sold over a single day auction totalling over US$30 million. With their growing customer base and continued ability to provide high value, competitive auctions to their customers, this past sale provided another indication of the future for the company.

Terry Dickerson, CEO Machinery Auctioneers said: “We partnered with Superior because they’re the leaders in the oilfield industry, and we know trucks like nobody else. We’ve had several customers say this was the most impressive spread of trucks and equipment they’ve seen anywhere this year. We think we delivered that yesterday.”

In light of the shortage of equipment, trucks and other vital resources necessary for oil production in the Permian Basin, this auction featured many high value lots that were of immense interest to those in the industry. Featured were trucks, coil tubing units, nitrogen and frac pumps, and other oilfield equipment.


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Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/20092022/machinery-auctioneers-sells-over-us30m-in-trucks-and-oilfield-equipment-at-auction/

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