Precise, Transparent, and Organized — From Consignment to Auction Lot

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At Permian International, “inventorying” is the foundational step that ensures every item we auction is accounted for, documented, and presented with clarity and integrity. Headquartered in Midland, Texas — with multiple remote yard locations across the country — our inventorying process is rigorous, standardized, and designed to support smooth auctions, whether online or in person.

We believe that a reliable and transparent auction starts with reliable and transparent inventory—and we take that responsibility seriously.

Inventorying at Permian International involves more than simply noting that we have an item in stock. It’s a comprehensive process that begins as soon as equipment or assets arrive at one of our yards or are accepted for auction. Each item is logged in our system with a unique identifier, carefully inspected, photographed, and described — including make/model (if applicable), condition, location, and any relevant specification or distinguishing features.

We catalog every asset to ensure buyers know exactly what they’re bidding on. Whether it’s heavy machinery, oilfield equipment, drilling assets, construction gear, trucks, or support equipment — each lot is documented in detail before being listed for auction.


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Why Our Inventorying Standards Matter — Benefits for Buyers

We offer:

Accuracy & Transparency

Each lot listing is backed by thorough inspection, photos, and written condition — reducing uncertainty especially for remote bidders.

Trust & Accountability

With unique lot IDs and inventory tracking, buyers have confidence that what they see is what they get.

Clarity on Condition & Location

Listings clearly show the physical location (yard), which helps buyers plan pickup or logistics ahead of time.

Consistent Record-Keeping

Inventory logs allow us to avoid oversights, duplicates, or mistakes — ensuring the auction process remains professional and organized.