Permian Auctions conducts it's first timed auction

Permian Auctions conducts it's first timed auction


Three Bridges, NJ - May 24, 2023


Permian Auctions conducts it's first timed auction utilizing the Auction Techs timed auction platform. This auction consisted of over 1,300 lots of oilfield equipment, tooling, trailers and attachments. This auction was set up with 4 lots closing at one time and 60 second extended. At the time the lots started closing there were over 100 bidders logged into the auction and the auction had over 44,000 bids.


Permian Auctions took advantage of the Timed Auction Monitor to see in real time all bidding activity, all bidders and was able to monitor all bids all in one browser.


About Permian Auctions


Permian International Energy Services is located at 4006 SCR 1232, Midland, TX 79706. Their permanent climate controlled indoor facility is offers a pleasant bidding experience and free breakfast and lunch is offered. Permian is well known in the oilfield industry and they have conducted auctions around the United States. 


About Auction Techs


Auction Techs is reinventing the online auction landscape with the service and support from a team of people you have trusted for over 25 years. Auction Techs has assembled a team of pioneers from the Marketplaces and Software Industry to provide auctioneers with cutting-edge and patented technology on the market.


We are disrupting the auction industry by giving back control to the auctioneer and allowing them less reliance on the Marketplaces. We understand the need for auctioneers to own their own data, have their own bidder base and have full control of how they operate their auctions.


We have incorporated all the software needs required by an auction company into one system. We are a single source provider offering website design, auction software, auction management software, ecommerce, mobile apps, social media, email marketing, text message and voicemail marketing all under one system. Auctioneers and their staff have one Auctioneer Dashboard to access to control and manage their day to day task. We have created a cost effective solution to simplify the technology needs of an auction company.


We strive to provide cutting edge technology, superb customer service and support that is absent in the auction technology industry. Auction Techs bidder and data policy has proven to be a strong attraction to auctioneers along with its Code of Ethics not to compete with auctioneers. Auction Techs is altering the way auctioneers utilize technology to run their auction business by providing an all in one solution for their auction and marketing needs.


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Auction Techs mission is to give back control to the auctioneer and ease the work load for its staff and we stand by our stated Code of Ethics not to compete with our clients.