About RigBid
Built for the
Oilfield.
RigBid exists because oilfield equipment deserves a better marketplace. One built by people who understand the industry — not a generic auction platform that treats a mud pump like a used couch.
Our Mission
Transparency. Trust. Fair Deals.
The oilfield equipment market has always run on relationships and reputation. RigBid brings that same trust online — with verified listings, documented equipment history, and a rating system that holds everyone accountable.
We charge the lowest fees in the market because we believe the seller should keep more of what their equipment is worth, and buyers should pay a fair premium for a platform that actually vets what they are bidding on.
Why RigBid Exists
The Old Way Was Broken
The Old Way
- ✕Blurry photos, no specs, no documentation
- ✕12-15% buyer premiums on top of seller fees
- ✕Your equipment buried among thousands of unrelated listings
- ✕No accountability for sellers who misrepresent equipment
- ✕Word of mouth or expensive brokers for everything else
The RigBid Way
- ✓Verified photos, full specs, inspection documentation
- ✓7.5% buyer premium, 1.9% seller fee — lowest in the market
- ✓Oilfield-specific search by basin, category, and condition
- ✓Verified seller ratings based on completed transactions only
- ✓Direct platform with no middlemen taking extra cuts
Ready to Get Started?
Join the oilfield equipment marketplace built for serious buyers and sellers.