PipeSearch offers supply owners a digital platform and boots on the ground infrastructure to gain the best possible return on your investment.
We assess your supply and documentation, identify historical and current demand data, and leverage modern tools to identify the best outcome for you.
Here's How It Works
You submit an application for the items you're looking to move. We review the application, and get in touch to fill in any details. When your application is accepted, we offer multiple options aligned with your goals.
Submit Items and Documentation.
STEP 1
Our team and data centers review marketability.
STEP 2
We get in contact to talk about your options.
STEP 3
We work with you to find the solution that works.
STEP 4
What Is PipeStats™?
PipeStats™ reports provide valuable market intelligence covering demand, known alternatives, market trends, and pricing. We leverage this information to enable sellers to choose the best course for handling their CRA OCTG investment.
Carrying Costs
Taxes / Duties
Maintenance
Storage
Movement
Cost of Capital
Obsolescence
Opportunity Cost
Carrying Costs
The all-in cost of material ownership is one of the most overlooked financial realities of inventory ownership.
Carrying costs frequently range between 18-25% of the original material purchase price on an annualized basis.
Item
Quantity
Price/Ft.
Total
Annual at 20%
3 Years
5 Years
Total
7" 35# 25CRW-125 Vam Top HT R2
28,678 FT
$412.30
$11,823,939
$2,364,788
$7,094,364
$11,823,939
$23,647,879
3.5" 9.20# G3-125 Vam Top R3
17,316 FT
$137
$2,373,677
$474,735
$1,424,206
$2,373,677
$4,747,355
$14,197,616.68
$28,395,233
*Sample information only
The total cost of holding these two idle assets over a short period adds up quickly.
Alternative Options
Alternative Seller Services
Traditional options for recovering value are through liquidation services with a wide breadth of product lines. These are distressed sales through auctions.
Auctions are time-boxed and force a prospective buyer to hedge future demand, significantly increasing risk and lowering asset valuation.
This section outlines our purchase experience through distressed sales.
Our recent auction purchase history above, all of which the seller is an operator.
Item
Sales
Total FT
Avg. Return
7" 35# 25CRW-125 Vam Top HT R2
17
17,634 FT
$36.40
3.5" 9.20# G3-125 Vam Top R3
6
32,789 FT
$27.69
*Sample information only
Commercial Cycles
7" 35# 25CRW-125 Vam Top HT R2
2,532.70 FT
8,350 FT
Avg. Qty / Cycle
33
MONTHS
Commercial Cycles
We define commercial cycles as the average time it takes to execute a sale from the first engagement with a prospective customer.
Typically, the higher the alloy or the more unique the specification, the more time it takes to engineer items into end-user applications. 13 Chrome by nature is more commoditized and tends to turn faster if it is in standardized sizes with acceptable threads. In contrast, duplex, super duplex, and nickel can take longer.
Location
Location Analysis
The material location, the ease of shipment, and the availability of local services impacts OCTG recovery value. For Example:
7" 35# 25CRW-125 Vam Top HT R2
Houston is convenient for international logistics, accessory manufacturing, and is close to a majority of the consumption of this item.
Competition
Market Alternatives
PipeStats monitors known alternative inventory in the market for every item. Below is a summary of the state of supply.
Item
Quantity
Location
7" 35# 25CRW-125 Vam Top HT R2
28,678 FT
Houston
There is approximately 11,882' of known alternative inventory in the market.
3.5" 9.20# G3-125 Vam Top R3
17,316 FT
Dubai
There is over 20,000' of known alternative inventory in the market.
*Sample information only
External Demand
External Demand
7" 35# 25CRW-125 Vam Top HT R2
25CRW is the most commonly used super duplex for sea water applications. The majority of consumption in 7" 25CRW is in 32# due to its 6" drift for completion equipment.
15
Sales
60
Inquiries
7
Customers
*Sample information only
3.5" 9.20# G3-125 Vam Top R3
This item is commonly used. Quantity is sufficient to meet typical requirements.
201
Sales
391
Inquiries
63
Customers
*Sample information only
NOTE: Internal Demand
We understand that plans often change. If you think there is a likelihood of needing this material for your internal consumption, please let us know, and we can build that into our financial model.
What Are My Options?
Purchase
We buy your supply. Cash up front.
PipeSearch has secured capital to buy aligned inventory. All offers are subject to our PipeFacts™ inspection, which we conduct quickly and at our own expense.
Consign
We take it from here.
We agree to store and maintain your material for a fee. PipeSearch holds the exclusive selling power of your item(s) and utilizes current and historical demand to determine sale estimates as a function of time.
Trade
Let's make a deal.
PipeSearch is home to creative business professionals and we acknowledge supply trades are sometimes in the best interest of all parties. All transactions are subject to a value assessment and inspection.
Exclusive Marketing
We'll find a buyer.
Similar to consignments, our exclusive marketing offers you a technology-empowered sales team to move your item(s). Under this agreement, the item(s) remains at your storage facility but requires an inspection for a PipeFacts QA/QC. We offer maintenance and storage protocols and best practices to keep your facility compliant with our high standards.
Custom Creative Option
One size does not fit all.
We understand that every seller's situation is unique, and we are open to exploring any creative options that maximize value on your scenario.