If your company manages an oilfield, you likely know that you are only as good at your job as your equipment allows you to be. If any of your current oilfield equipment ever breaks down, you might be left in quite a bind and find yourself scrambling to replace or repair the affected machinery. But before you go out and drop thousands of dollars on a replacement for whatever went offline, stop and consider the benefits of using an oilfield equipment rental service. Here's why such a service might be exactly what your oilfield business needs at this time.
An Oilfield Business Takes a Lot of Money to Run, Hold Onto Whatever Cash You Have
The oilfield industry can lead to large profits for your company over time, but it also takes a lot of money in order to make a lot of money. If you have an especially large company, you might already be pumping many, many figures into the operation of your business month after month. This high expense or risk for a high reward scenario may pay off in the long run, but it can also make you feel like you need to hold onto whatever cash funds you have as much as possible.
Purchasing certain pieces of oilfield equipment could set your firm back quite a bit. By choosing to rent equipment instead, you won't have to pay a large amount of cash. You'll instead pay a much more reasonable rate that will allow you to keep things running while you get your broken equipment repaired.
No Maintenance Costs, Expected or Otherwise
Oilfield equipment is obviously high tech and/or high-end and it can require a great deal of precision in order to operate accurately. You're probably used to spending a great deal of time on maintenance for your existing equipment in order to ensure that everything continues to work as it should. But when you rent your equipment instead, it will just show up at your property ready to go and you won't have to perform any maintenance at all. You will also be able to avoid a situation where unplanned maintenance or repair is required. If your rented equipment breaks down, the rental company will fix it or replace it for you so you can keep your project on track.
Delivery and Haul Away
If you only need some additional equipment for one project, you probably don't want to buy brand new stuff and then be stuck trying to figure out where to store it. Equipment rentals can be delivered to your worksite and then hauled away for you when the job is done.
Contact an oilfield equipment rental service today for more information.