Appraisals

Appraisal:  An opinion of value, documented in writing by a qualified professional. The process of estimating the cost or value of assets or investments.

In addition to needing a traditional “market value appraisal” when buying or selling, there are also other significant reasons for needing an appraisal. In addition to properly valuing assets to assess a company’s worth, it is also sometimes necessary to determine the insurable value of an asset purchase, to value an asset due to a loss claim, as well as determining a value for taxing purposes. Hadco has inspected and appraised oilfield assets for 40 years and we are prepared to conduct on-site inspections of your assets both domestically and globally, and often in remote locations. A professional appraisal provides you, the client with a wealth of information for a variety of business matters, and many of which are listed below:

Types Of Assets We Appraise

Reasons For Expert Appraisals

Frequently Asked Questions

The Hadco appraisal process is a structured process to assure each and every appraisal produced by Hadco meets high quality standards. The standards are those established by Hadco, those of professional societies, those established by governmental agencies and those clients have come to expect from Hadco.

To value an oil drilling rig, an appraiser will typically consider several key factors, such as the rig’s size, age, condition, and drilling capabilities. The appraiser will also research recent sales of comparable oil drilling rigs to determine their market value, and will take into account the current state of the oil market and any potential issues or concerns with the rig that could affect its value. The appraiser will then use this information to determine the fair market value of the oil drilling rig.

Offshore oil rigs are typically appraised using the same process as other types of oil rigs, with the appraiser considering factors such as the rig’s size, age, condition, and drilling capabilities. The appraiser will also research recent sales of comparable oil drilling rigs to determine their market value, and will take into account the current state of the oil market and any potential issues or concerns with the rig that could affect its value. The appraiser will then use this information to determine the fair market value of the offshore oil rig

To appraise a chemical plant, an appraiser will typically consider several key factors, such as the plant’s size, age, condition, and production capabilities. The appraiser will also research recent sales of comparable chemical plants to determine their market value, and will take into account the current state of the chemical industry and any potential issues or concerns with the plant that could affect its value. The appraiser will then use this information to determine the fair market value of the chemical plant.

Our Professional Memberships
  • Association of Machinery & Equipment Appraiser – CEA / Certified Equipment Appraiser
  • International Real Estate Institute – SCV / Senior Certified Valuer
  • National Association of Appraisers – MNAA / Member of the National Association of Appraisers
  • Environmental Assessment Association – CEI / Certified Environmental Inspector
  • National Association of Real Estate Appraisers – CREA / Certified Real Estate Appraiser
  • Texas Appraiser Licensing & Certification Board – Certified General Real Estate Appraiser
Yes we are, we have appraisal engineers around the globe to serve your appraisal and valuation needs