Rig Valuation Assessment
The international standard for valuation of drilling rigs and related equipment is always recognized as being It’s fair market value, but to determine an accurate valuation with the appropriate allowance provided for depreciation and obsolescence where necessary and an appraisal of current markets and demand, professional assessors must objectively review each drilling rig individually
The OCS group has extensive experience in providing independent, objective asset valuations using recognized methodologies, which include fair market value, replacement cost, insurance and scrap value.
In today’s complex and changing Global markets, OCS group understands what it takes to provide an accurate market valuation, as our professional team of experienced and knowledgeable personnel always ensures OCS group has an up to date and in-depth worldwide knowledge of today’s drilling rig market(s).
OCS Group sets itself apart from other such service providers by offering a complete solution to your rig valuation needs based on a detailed assessment of current assets, life cycle and market, based on our methodical and professional approach.
OCS Group brings an unparalleled range of services and professionalism to the drilling rig valuation market by:
- Reviewing all available certificates and documents for any drilling rigs of interest
- An audited assessment of the condition of the rig and It’s machinery
- Providing market intelligence for the drilling rig sales market and advise on trends and forecasts for the industry
- Provide an accurate valuation for acquisition financing options
- Provide options for the repair or upgrade of drilling rigs of interest
- Assist with the design, project management and commissioning
- Support legal contracting process