RigPal is an online marketplace for oil country tubular goods (OCTG), offering instant quotes on vendor-backed workstring tubing, drill pipe, and premium connections at volume pricing. The platform eliminates traditional procurement friction by providing real, verified inventory with full MTR documentation and API-compliant specifications, enabling operators and rental companies to save 8-15% versus market rates.
Funding
Funding not disclosed
Founders
Product
Problem
Oil and gas operators and rental companies sourcing workstring tubing and other OCTG products face a fragmented, slow procurement process. They must call multiple distributors, leave voicemails, wait days for quote callbacks, and contend with hidden markups, phantom stock, and inconsistent pricing—all while chasing down specifications and material traceability reports (MTRs) manually.
Solution
RigPal provides a digital marketplace where buyers can browse real-time, vendor-backed inventory of tubing, casing, drill pipe, and premium connections, then generate instant quotes through an online quote builder. The platform eliminates middlemen markups by leveraging direct manufacturer relationships and high-volume commitments to pass volume pricing directly to buyers. Every listed product is verified as in-stock with full MTR packages, API 5CT and 5DP compliance, and premium connections validated for HP/HT and sour service. Users can filter by specifications, request custom RFQs for unlisted products, and access full technical data on demand. The platform also offers used and inspected tubing with grading documentation, plus a supplier directory and OCTG glossary to support purchasing decisions.
Target Audience
Primary customers are oil and gas operators, rental companies, and energy service firms in the United States that need reliable, cost-effective sourcing of tubing, casing, and drill pipe, including procurement teams at companies like Diamondback Energy, ConocoPhillips, and Patterson-UTI.
Features
- Instant quote generation in under 90 seconds via a web-based quote builder for registered members
- Vendor-backed, verified inventory with no phantom stock, covering new, used, and inspected tubing, pup joints, drill pipe, and premium connections like Spearhead
- Volume pricing achieved through direct manufacturer relationships, delivering typical savings of 8-15% versus market rates
- Full documentation per order, including MTRs, inspection reports, and traceability data, with API 5CT and 5DP compliance
- Custom RFQ submission to source products not listed in the marketplace through a supplier network
- Free tools including OCTG glossary, company directory, and calculators to support technical evaluation and comparison