How a Rental Gas Compressor in Oklahoma Benefits a Business

by | Apr 10, 2017 | Air Quality

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A natural gas compressor used to test a marginal well is only needed as the well reaches final output. When production slows, the well has to be tested to extract all remaining natural gas or oil before drilling another one. The testing is not needed on a regular basis, so it does not make sense for some businesses to invest in the purchase of a compressor. A Rental Gas Compressor in Oklahoma will save businesses time and money. Rentals can be for a day or a month, depending on the needs. There are several brands available in skid-mounted and trailer mounted types of compressor. Renting eliminates purchasing and storing expensive equipment that is not needed all the time.

Other benefits include avoiding interest rates for a business loan, constricting the borrowing power of the business for future projects or needs, and placing a strain on the cash flow. Rental costs are low and temporary opposed to loan payments, which can be high and spread out over a few years. Using a rental gas compressor in Oklahoma when the need for testing arises provides the business with a great deal of flexibility. Instead of attempting to make equipment work for each particular job or contract, the exact type of compressor required can be rented for the length of time needed. Rental units are transported directly to the site location, saving the business time and expense. Monthly rental rates include all transportation, hoses, and fluids, which saves the business money.

There are also tax benefits to renting equipment. Rather than running the risk of paying taxes after the purchase of a compressor, the business can write off rental payments as a business expense. Depending on the size of the business, that can add up to a substantial amount of money that stays within the business instead of going to the Internal Revenue Service. The ongoing expenses of maintenance are also avoided via renting. The business is responsible for operating units safely and properly while rented, but major issues, such as breakdowns or malfunctions, are handled by the rental company. Repair calls and bills are replaced by another unit being transported on-site as soon as possible. Contact us to learn all the benefits of renting equipment as well as the benefits of purchasing used equipment.