Well Services Equipment Pricing Trend



NORTH

AMERICA


Mission

Our client, from North America, was poised to acquire an Oil & Gas Well Service Company in the Middle East. Majority of the assets of the target acquisition included specialized equipment that was purchased over the years. Our client wanted to determine fair market value of the equipment and therefore needed to know historic pricing trend of such equipment from an independent 3rd party.




Falcon’s Solution
Falcon contacted its affiliate company in North America specializing as a reseller of Oil Field Equipment in the Middle East. Our affiliate’s database was tapped to determine pricing of the actual equipment sold in the Middle East. In addition, Falcon contacted major Oil & Gas manufacturing houses to determine pricing of the remaining equipment that was not sold by our affiliate.



Results

In two weeks a composite report was presented that tabulated product-specific pricing history over a 5-year period for the majority of the equipment and over 10-year period for some of the equipment. Our client was extremely satisfied to acquire product-specific pricing history that helped them determine fair current market value of their target assets.