UNSPSC 71161602: Oilfield equipment brokerage services

Commodity

Code facts

NIGP codes
1

UNSPSC codes and definitions come from the UN Development Programme (managed by GS1 US), and state and local contract opportunities from the governments' procurement sites.

NIGP codes for 71161602

Definition

Services to sell or buy redundant or surplus oilfield drilling equipment

About UNSPSC 71161602

UNSPSC 71161602 Oilfield equipment brokerage services is a Commodity code that shows little relevant recent activity in state and local procurement. The recent opportunities posted under this code involve landfill gas collection system construction, park irrigation system installation, digester gas utilization project design-build contracting, and municipal executive search services — work that falls outside the scope of oilfield equipment brokerage. These solicitations do not reflect brokerage of oilfield equipment or related services; instead, they appear to be miscoded opportunities in solid waste management, park improvements, water reclamation, and municipal administration.

The code does not show documented state and local procurement volume for oilfield equipment brokerage services based on available recent opportunities. Firms pursuing this code should verify whether state and local agencies in their target geographies are actively soliciting brokerage services for oilfield equipment or whether the code is seeing applied activity that does not match its stated taxonomy definition. The mismatch between code definition and posted opportunities suggests limited current market demand, miscoding in source systems, or geographic concentration in jurisdictions not yet represented in recent bid data.

Quick answers

What is UNSPSC 71161602?

UNSPSC 71161602 is Oilfield equipment brokerage services, a commodity in UNSPSC 71000000, Mining and oil and gas services.

Which NIGP codes match UNSPSC 71161602?

UNSPSC 71161602 maps to 1 NIGP code, 96261 Petroleum Production, Transmission, and Distribution Services for Oil and Gas Wells (Including Drilling, Exploration, Extraction, Project Management, etc.).

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