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Tiger Group Hosts Online Auction Featuring Frac and Drilling Fleet of El Dorado

byBrianna Wilson
December 4, 2024
in News

Tiger Group and Liquidity Services are offering El Dorado Gas & Oil’s frac and drilling fleet in a bankruptcy court-sanctioned liquidation. The two-day online auction features Quintuplex and Triplex frac pumps, Peterbilt, Freightliner and Kenworth truck tractors, as well as a wide range of additional industrial and oilfield equipment assets stored at the oil-and-gas company’s former South Texas site in Alice, TX.

Day one lots close starting on Tuesday, Dec. 10, at 10:00 a.m. (CT). Day two lots close starting on Wednesday, Dec. 11, at 10:00 a.m. (CT). Bidding opened on Tuesday, Dec. 3, at 10:00 a.m. (CT) at SoldTiger.com.

“This is the largest sale to date in a series of El Dorado auctions, with a wide array of equipment that will be of interest to energy and drilling companies as well as truckers, fleet owners and users of general tools and equipment,” Chad Farrell, managing director of Tiger Commercial & Industrial, said. “By court order, there is no buyer’s premium in this major liquidation. Buyers will have an opportunity to buy quality assets at a good price.”

Day one lots closing on Dec. 10 include: 37 trailers, 29 fluid ends, three winch trucks, drilling rigs, drilling equipment including subs, valves, elevators, BOP trailers, a wireline truck, large inventories of truck and frac equipment parts, radiators, perforating and logging systems and rigging equipment.

Day two lots closing on Dec.11 include: 40 Quintuplex and Triplex frac pump trailers featuring Gardner Denver and SPM pumps, 23 Peterbilt and Kenworth truck tractors, 20 tanker trailers, 16 frac sand hoppers by Amber Waves, 14 frac manifold trailers, six vacuum trailers, oilfield floats and trailers, welding trailers, coiled tubing units, storage containers, cranes and lifts, pipe and drilling equipment.

Asset photos, descriptions and other information is available online.

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