Operator Asset Exchange logoOAX Operator Asset Exchange

Eliminate standby time by sourcing critical oilfield equipment directly from other operators

Built for operators facing time‑critical equipment shortages or changes in operational plans.

Unused equipment turns into solutions.

Direct operator‑to‑operator contact turns unused equipment into immediate answers to other operators for urgent needs.

The Problem

Surplus meets shortage

Problem

  • Drilling and workover campaigns end with unused equipment draining capital and storage.
  • Operational challenges create urgent, last‑minute demand for critical equipment.
  • Existing channels using subcontractors, agents and brokers are slow, costly, and opaque.

Result

  • Lost operational time with drilling and workover rigs left on standby.
  • Frozen capital due to unused and unneeded equipment being left in storage in yards and warehouse.
  • Delays to get production back online or t o release the rig off contract.

The Solution

The Operator Asset Exchange platform.

Direct connections

Digital marketplace enabling direct operator‑to‑operator connections.

Immediate outcomes

Acquire or relinquish equipment instantly to keep operations moving.

Minimise rigs going into standby.

No middlemen, no delays, no markups.

Why It Works

A simple approach that benefits all

Save time

Immediate access to available equipment.

Free up capital

Convert unused inventory into value.

Lower costs

Direct, trusted operator purchase — no markups.

Always current

Always up‑to‑date inventory, available 24/7 globally.

Everyone wins

When one operator’s surplus meets another’s shortage, everyone wins.

Exclusive Access

Only operators have access to the inventory of equipment.

Exclusive

Exclusively available to verified operators only

Verified access

Access restricted to verified oil & gas operators only.

Operator community

Listings, requests, and communications stay within the operator network.

No intermediaries

No brokers, no agents — every interaction is operator‑to‑operator.

Search Equipment

A simple search experience with easy filtering that gets you to the right equipment fast.

Powerful search

Google style search — type what you need and get instant results.

Filter precisely

Use filters to quickly pinpoint the exact equipment you need.

Connect directly

Discuss technical specs, pricing, and logistics direct with the operator.

Urgent Sourcing Request

Submit an urgent equipment request and instantly alert every operator.

Broadcast instantly

Send an urgent equipment request to the entire operator network.

Maximise response speed

Reach multiple operators at once for rapid replies on availability, specs, and logistics.

Sell Equipment

Sell surplus equipment no longer needed and free up capital and yard space.

Powerful search

Google style search — type what you need and get instant results.

Filter precisely

Use filters to quickly pinpoint the exact equipment you need.

Connect directly

Discuss technical specs, pricing, and logistics direct with the operator.

Product Interface

A clean, focused interface designed for speed, clarity, and operator workflows.

Login Search Results

Why Time Matters in Oilfield Operations

Every delay in operations results in higher costs and a measurable increase in operational risk.

Plans change fast

Changing plans demand rapid sourcing of additional equipment.

Prevent standby

Waiting creates costly standby time — fast delivery keeps operations moving.

Fast delivery

Once sourced, equipment must be quickly and exactly delivered.

Breaking the Mold

Positioning against traditional channels.

No broker-led opacity

Transparent and direct engagement without third party gatekeepers.

No forced pricing

Operator-controlled engagement — discuss pricing and further details directly.

Faster execution

Faster discovery, equipment specifications and decisions without middleman delays.

Subscription

Full access for one simple monthly fee

What you get

Online 24/7
Global availability on desktops, laptops, tablets and mobile phones
Fixed monthly fee
No markups or commissions. One price with everything included.
Operator only
Controlled verified users ensures 100% exclusive operator access.
Cancel anytime
No contracts to tie you down. No minimum contract duration.

Transactions are completed offline between operators.

Case Studies

Examples of operators solving critical operational challenges using Operator Asset Exchange.

Operator Asset Exchange Eliminates Critical Casing Delay

An offshore operator faced major difficulties running 9-5/8” casing through thinly laminated, unstable shales. The casing could not reach bottom, forcing a much shallower setting depth and leaving a long rathole that complicated the cement job as well as the next hole section. With the next well in the batch sequence designed the same, the drilling team determined that a reamer shoe was essential to avoid repeating the problem.

However, the next casing run was less than a week away, and no suitable reamer shoe was available locally. Any delay risked significant downtime.

Using Operator Asset Exchange, the Drilling Superintendent instantly identified a compatible reamer shoe held by an operator in a neighbouring country. Direct communication enabled rapid confirmation and a same-day commercial agreement.

The tool was dispatched the next morning and arrived in time, allowing the casing to be successfully run to bottom and preventing costly operational delays.

Operator Asset Exchange Unlocks Value from Surplus Well Inventory

An operator originally planned a five-well development program, but a late upper-management decision reduced the scope to three wells. This left a significant volume of well construction consumables unused. After drilling and completing the three wells and releasing the rig, the operator turned to the Operator Asset Exchange platform to list their surplus inventory.

The available equipment included 400m of 36” conductor, 700m of 20” casing, 3,500m of 13-3/8” casing, 4,700m of 9-5/8” casing, and a range of additional items such as bits, centralisers, casing shoes, float collars, and wellheads.

Within a short period, most of the equipment was purchased by other operators – many located in the same country, simplifying logistics and reducing transport costs (for the buyer).

The rapid transactions (operator-to-operator) freed up capital, cleared valuable yard and warehouse space, and allowed the operator to recover much of the original purchase value. A clear win for all parties involved.

Operator Asset Exchange Accelerates Sidetrack & ESP Completion Delivery

After a successful appraisal well confirmed the oil-water-contact and validated the volume of hydrocarbons in place, the operator elected to plug back the 8-1/2” hole and initiate a sidetrack to convert the well to be a producer. This required a redesigned program incorporating a 7” liner and a full ESP completion.

To execute the plan, the team needed to rapidly source a whipstock, casing mill, and a complete upper & lower ESP assembly—items not originally planned for the appraisal well. Time was critical, and traditional procurement routes risked delaying the sidetrack.

Using the application, the drilling & completions teams were able to locate and secure several key equipment directly from other operators, both in-country and abroad. Specialised items had to be sourced through service providers such as the ESP cable, which took longer to arrange. The equipment arrived in time, the sidetrack proceeded smoothly, and the well was successfully completed and brought online without delay.

The Team

Built by oilfield and SaaS professionals.

Matt

25 years in the oil & gas industry. Designed & built B2B SaaS platforms for operators and service companies.

Edison

20 years programming SaaS platforms with 12 years’ experience with oilfield software applications.

Investors

Private equity groups and investors equipped with upstream oilfield knowledge, strategic insight, and global connectivity.

Contact

Operator Asset Exchange

Direct operator‑to‑operator equipment exchange to reduce standby and keep operations moving.
Offload excess equipment at the end of a drilling campaign and free up capital.

Primary contact