OILFIELD EQUIPMENT RENTAL BUSINESS PLAN

I. Executive Summary

Company Description

RigShare Technologies takes its name from combining "rig" for oilfield rigs and "share" to signal shared asset utilization. We operate in the U.S. oilfield equipment rental sector as a B2B digital marketplace headquartered in Houston, Texas. Our primary product is a secure, asset-light online platform that connects equipment owners and operators with vetted renters, covering search, certification, payment, and logistics. The platform’s competitive edge is proprietary certification workflows, real-time availability, and integrated payments that reduce idle time and friction across the rental lifecycle.

We run listing verification, digital certificates of fitness, escrowed payments, and coordinated on-site logistics to deliver end-to-end rentals without owning equipment. We target mid-to-large oilfield operators, midstream service companies, and independent equipment owners in onshore U.S. plays. Short-term goal: launch pilot in Q3 2026 across three Texas basins and reach 200 active listings. Long-term goal: become the primary digital infrastructure for U.S. oilfield asset utilization with nationwide coverage and 40% market penetration in targeted segments by 2030. One line: we turn idle rigs into revenue through a secure, operational marketplace.

Problem

U.S. oilfield operators face high capital expenditure requirements for specialized machinery and widespread asset underutilization where idle equipment still accrues maintenance and storage costs.

The market lacks a centralized, real-time procurement system; sourcing relies on fragmented manual brokering that provides limited price transparency and no consistent availability data across major basins, causing project delays, higher per-job costs, and logistics gaps.

There is a clear need for a new solution: a U.S.-based B2B digital marketplace launching in 2026, headquartered in Houston, Texas, that is asset-light and connects equipment owners with renters across the full rental lifecycle to improve utilization, reduce capex burdens, and streamline on-demand sourcing. One line: High-capex, underused equipment plus fragmented procurement is slowing operations and raising costs.

Solution

The platform addresses idle capital and sourcing frictions in U.S. oil and gas by linking equipment owners directly with exploration and production companies. It offers an integrated search and booking engine, secure payment processing, automated documentation, real-time inventory tracking, and a robust user and equipment verification process to reduce administrative steps, speed procurement, and improve equipment utilization.

One line: The platform simplifies rental workflows, cuts admin time, and improves equipment availability for field operations.

Mission Statement

We maximize efficiency across the U.S. energy industry by operating the most transparent, liquid, and trusted marketplace for specialized oilfield equipment, enabling operators to reduce capital expenditures and asset owners to unlock full machine value. Through technology and logistics innovation we eliminate friction, accelerate digital transformation, and uphold the highest standards of safety and operational excellence. Our goal is to be the essential procurement partner in every major U.S. basin, trusted for fairness, speed, and measurable cost savings.

Key Success Factors

Critical milestones and metrics that must be met to validate the model and hit payback and breakeven targets.

• Achieve 18‑month payback through aggressive user acquisition and transaction growth.
• Maintain Buyer CAC $180 and improve Seller CAC to $1,200 by 2030.
• Secure high‑value inventory from major operators to build a comprehensive marketplace.
• Reach breakeven by June 2026 to demonstrate business viability.
• Deliver a robust, secure platform that meets the conservative energy sector’s technical and safety standards.

Financial Summary

Key financials for the Executive Summary: early EBITDA is small but scales rapidly; capital needs are modest in 2026.

Financial requirements: CapEx 2026 $265,000; minimum cash required $613,000; breakeven reached Jun-26; payback in 18 months. Expected investor returns: IRR 12% and ROE 23.27%.

Overall outlook: EBITDA growth to $10.539M by 2030 supports a high-return, scalable platform business.

Funding Requirements

Raise $613,000 to fund initial capex, first-year marketing, and working capital to reach breakeven (Jun-26).

Financial snapshot: Year-one EBITDA of $37,000, scaling to $10,539,000 by 2030; projected IRR 12% and ROE 23.27%; 2026 CapEx budgeted at $265,000. Revenue comes from commissions, tiered subscriptions, and ancillary seller services; model is built for high scalability and expanding EBITDA margins.