Pipeline Equities
PO Box 571977
Houston, Texas 77257
Phone: 713-623-0690

Pipeline Recovery

excavation & removal

Damage Assessment

of easements

Pipeline Appraisal

pipeline property valuation

Line Pipe – New or Used?

The Question of New Prime or Rehabilitated Used Pipe

Whether to use new or used pipe for an application depends heavily on that application, regulations governing the project, experience of the purchaser, user, installer or engineer directing the project, and availability of used or new.

When it comes down to cases, the tube of steel is a commodity. When it is round and straight and meets the specifications, does it matter when it was purchased or how old it might be? I have on many occasions removed pipe that was sixty, seventy or eighty years of age that was in perfectly good condition and met the specifications of when it was laid. In other words, the eight inch pipe that was laid in 1920 that had a yield of 30,000 psi still has that same yield. It does not have the yield of new X42 Electric Resistance Weld line pipe that has a yield of 42,000 psi.

Sometimes it takes a cost conscious purchasing agent that has been around for a while and understands these subtle differences and characteristics to have the courage and comfort to step out and recommend or purchase a used or secondary commodity. Generally they don’t because they don’t understand or have not had the experience to give them the comfort they need.

Sometimes the engineer drawing up specs or the contractor doing the actual work will balk at using secondary material. They might balk for the same reasons; they don’t have the experience and therefore fear the unknown, or worry if they can’t place blame in case of failure. Generally, there are no guarantees or warranties in the case of used or secondary pipe.

Price is the biggest reason for purchasing used pipe. Used or secondary line pipe can be bought for 40% to 70% of the price of new pipe.

Availability is the great issue. It takes more expertise to develop lists of purveyors that are reliable and trustworthy and can supply and deliver on time. New pipe can be scheduled, but no one knows when a 12" or 16" pipeline might be removed or where.

These are some of the issues involved with the purchase and use of secondary, used or surplus line pipe as opposed to buying from your local pipe distributor.

pipeline recovery

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Pipeline Recovery Manual

A complete guide to the business of recovering out of use pipelines

Sign up for our free newsletter to receive your complimentary copy of our Pipeline Recovery Manual that explains our entire process for recovering or salvaging idled or abandoned pipelines.

You will see how we deal with landowners regarding notification and recordings. How to draft a contract of sale with models by: Exxon, Texaco, Koch and others and pictures showing actual work in process.

The manual shows Pipeline Equities job references, right of way releases, agreements and the history and background of Pipeline Equities and managing partner David Howell. These references touch on parts of the six million feet of line removed or handled by the company over the past twenty years.

A line pipe table describing various weights, grades, and pressure ratings of ERW and seamless line pipe is included. This section is an indispensable tool for anyone doing operational word with line pipe.

Also included are extensive glossaries of pipe, pipeline, and right of way terms.

pipeline appraisal

Request a complimentary Pipeline Appraisal Handbook

Fill out this short form and you will be sent a confirmation link to our Newsletter. Once you click the link you will be subscribed to our newsletter and taken to a page where you can download the Pipeline Appraisal Handbook.

Pipeline Appraisal Handbook

The Definitive How-To Guide on Establishing Values for Pipelines

This handbook written by David Howell, managing partner of Pipeline Equities is the basic text of any pipeline valuation. All of the essential factors for establishing the value of a pipeline are discussed along with exclusive proprietary formulas and tables essential to a certified appraisal.

Also included are 32 pages of pipe weight and grades tables that cover virtually any situation which might be encountered regarding line pipe requirements. Additionally you’ll find an extensive glossary of pipe, pipeline and right of way terminology is part of the Handbook.

Subjects include: Replacement, Right of Way, Surface Inventory, Throughput, Salvage/Recovery, and comparable sales histories to name a few of the basic factors of pipeline appraisal.

The author recognized a need for a report or “how to” manual for properly appraising pipelines and pipeline right of ways. Currently the work is being done by accounting firms, engineers, and real estate appraisers.

This handbook draws from 45 years of experience.

Howell has forty-five years experience in many sectors of the petroleum industry from drilling contractor and oil and gas operator to pipe and supply distribution throughout the world. He has published Tradex Equipment magazine, the Whole World Oil Directory, and the Texas Oil Register.

For the past twenty years, Howell has been almost exclusively engaged in pipeline sales and acquisition, appraisal, removal for salvage, environmental remediation and general pipeline operations.

Howell currently serves on board of the Pipeline Appraisal Institute and is a member of the International Right of Way Association. Howell is a graduate of Texas A&M University – Kingsville and a native of Alice, Texas. He is currently residing in Houston and is the managing partner of Pipeline Equities.