The RigBid Difference
How RigBid Works
The lowest fees in oilfield equipment auctions. Verified listings. Real buyers. Straight deals.
Transparent pricing
The Lowest Fees in the Market
For Buyers
Added to your winning bid. No hidden fees. No registration fees. No deposit required to browse.
vs. the competition:
For Sellers
Only paid when your equipment sells. Free to list. No monthly fees. No exclusivity requirements.
vs. the competition:
Sellers
List Your Equipment in Minutes
Create Your Listing
Submit your equipment with photos, specs, known issues, and your preferred listing type — timed auction, buy now, or make offer. No listing fee.
RigBid Review
Our team reviews every listing within 24 hours. We verify information and may request additional photos or documentation. This keeps the platform credible and your listings more attractive to serious buyers.
Go Live
Once approved, your listing goes live to our network of verified buyers. Timed auctions run their full course with automatic anti-snipe protection.
Close the Deal
When your auction closes or a buyer commits, you connect directly with the buyer to arrange payment and pickup. You pay 1.9% of the final sale price — only when it sells. RigBid is available to assist if any issues arise.
Buyers
Buy With Confidence
Browse Verified Listings
Every listing on RigBid has passed our review process. Filter by category, basin, condition, price range, and verification level. What you see is what exists.
Bid, Buy, or Offer
Place a bid on timed auctions, use Buy Now for immediate purchase, or submit an offer on make-offer listings. The bid panel shows your total cost including the 7.5% buyer premium in real time — no surprises at checkout.
Anti-Snipe Protection
If a bid is placed within the final 5 minutes of an auction, the clock automatically extends by 5 minutes. No last-second sniping. Every bidder gets a fair shot.
Win and Coordinate
When you win, you receive an immediate email with your total amount due including the 7.5% buyer premium. You connect directly with the seller to arrange payment, inspection, and pickup or delivery. RigBid is available to assist if any issues arise.
Seller verification
What the Badges Mean
Verification badges are earned, not bought. They reflect documentation standards met at the time of listing review.
- ✓ Seller identity confirmed
- ✓ Location verified
- ✓ Minimum photo requirements met
- ✓ Equipment matches description
- ✓ All Bronze requirements
- ✓ Video walkaround provided
- ✓ Serial numbers documented
- ✓ Ownership documentation on file
- ✓ All Silver requirements
- ✓ Third-party inspection completed
- ✓ Startup/operational video
- ✓ Full maintenance records
Trust system
Ratings That Mean Something
Every completed transaction generates a rating opportunity for both buyer and seller. Only verified transaction participants can leave ratings — no anonymous reviews, no review bombing.
Seller Ratings
Buyers rate sellers on accuracy of description, responsiveness, and ease of transaction. Build your reputation with every sale.
Buyer Ratings
Sellers rate buyers on payment speed and communication. Protects sellers from tire-kickers and slow-pay buyers.
Ready to Get Started?
Join the oilfield equipment marketplace built for serious buyers and sellers.