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Kruse Energy Set for Big Two-Day Auction Oct. 31 to Nov. 2

Thu October 25, 2018 - West Edition
Ritchie Bros. Auctioneers

Following up on its strong Odessa, Texas, auction earlier this month, Kruse Energy Auctioneers is back with a two-day auction on Oct. 31 and Nov. 1 in Oklahoma City, Okla. More than 2,000 items will be sold in the auction for dozens of owners, including assets for BJ Services and Atlas Drilling.

Equipment highlights in the Oklahoma City event includes 12 drilling rigs, cranes, construction equipment, trucks, trailers and more selling on Day One (Oct. 31) and casing equipment, including a large consignment from Deans Casing, production equipment, well service rigs and more selling on Day Two (Nov. 1).

"We have an excellent selection of assets from some of the biggest names in the energy industry set to sell in Oklahoma City next week," said Brandon Field, director of Sales & Operations, Kruse Energy. "With this auction we have continued to integrate our auction systems to create an enhanced bidder experience. Buyers will be able to see photos of all choice lots, see current high bid, ask price, and more. Buyers will also be able to place online proxy bids for all items. These are the first of many improvements we plan to implement to improve the buying and selling experience at Kruse auctions going forward."

Specific equipment highlights in the Oklahoma City auction include:

  • Five Tesco HMI 250T portable top drives EA w/ Tesco SCO D2P hyd power units p/b Cat C-15s (Complete units);
  • A 2013 Terex DMAG AC 100/4L 120-ton all-terrain crane;
  • A selection of oilfield services truck tractors, including Western Star and Peterbilt units; and
  • A 2003 ASVE custom hard tail, with all proceeds going to the Wounded Warrior Fund Project.

Kruse Energy also has upcoming auctions scheduled for Nov. 7 in Tonkawa, Okla., where the company will sell more than 1,500 rock bits for oil & gas, water well mining and directional drilling operations; and a two-day auction in Odessa, Texas on Dec. 5 – 6.

About Kruse Energy Auctioneers

Kruse Energy Auctioneers is a Ritchie Bros. solution, focusing on energy equipment-related auctions. As a full-service travelling auction company, it brings its services to the assets to help sellers avoid transportation costs. Throughout its over 25-year history the company has conducted auctions across the United States and 31 other countries. Kruse Energy maintains offices in Texas and Oklahoma and conducts approximately 30 auctions each year.

For more information, visit

About Ritchie Bros.

Established in 1958, Ritchie Bros. is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance equipment condition certification; Marketplacee, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers and Cat auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services.

For more information, visit

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