In this episode of TerraQUIP Talk, host Mike Dobrota walks through the core principles of valuing a secondhand drilling rig, and why a machine’s age, hours, and history tell only half the story. From depreciation formulas and service records to market demand and asset condition, Mike breaks down the 8 key factors that affect resale value and buyer confidence.

With stories from the field and examples that span 25 years of industry insight, this episode is a must-watch for contractors, resellers, and anyone serious about making smarter heavy equipment decisions.

Whether you’re negotiating with dealers, refinancing assets, or sizing up a potential purchase, this episode will sharpen your strategy and help you avoid costly mistakes.

🛠 Ready to find the right piling or drilling rig for your next project?

Get expert guidance and tailored solutions at https://terraquip.com.au/

Follow TerraQUIP Drilling Equipment:

https://www.instagram.com/terraquipdrillingequipment/

https://www.linkedin.com/company/terraquip-drilling-equipment/

https://www.youtube.com/@terraquipdrilling

Timestamps:

00:00:00 - Introduction 

00:01:45 - Importance of Equipment Valuation

00:03:40 - Depreciation of Drilling Rigs

00:06:00 - Factors Influencing Value: Working Hours

00:08:00 - Market Demand for Equipment

00:09:30 - Make and Model Impact on Value

00:10:50 - Condition of the Asset

00:11:50 - Service History Considerations

00:13:30 - Material Drilled and Its Impact

00:15:10 - Owner Reputation in the Industry

00:16:30 - Reasons for Selling the Equipment

00:18:30 - Maintenance Costs and Equipment Longevity

00:20:30 - Recap of Valuation Factors

In this special episode of TerraQUIP Talk, host Mike Dobrota sits down with Kenny O’Sullivan of O’Sullivan Ground Engineering to talk about the realities of tight-access piling, heritage site challenges, and what it takes to build a resilient contracting business. With over 25 years in the industry, Kenny shares his journey from shotcreting to complex piling projects across Australia, and why trust, adaptability, and the right equipment make all the difference.

Whether you’re a contractor navigating high-pressure jobs, a civil engineer working on heritage sites, or just curious about the future of ground engineering, this episode delivers real-world insights, lessons learned, and expert advice to help you build smarter and lead stronger.

🛠 Ready to find the right piling or drilling rig for your next project?

Get expert guidance and tailored solutions at https://terraquip.com.au/

Follow TerraQUIP Drilling Equipment:

https://www.instagram.com/terraquipdrillingequipment/

https://www.linkedin.com/company/terraquip-drilling-equipment/

https://www.youtube.com/@terraquipdrilling

Follow O’Sullivan:

https://osullivangroup.com.au/

https://www.instagram.com/osullivancivil/

https://www.linkedin.com/company/o-sullivan-civil-contractors/

Timestamps:

00:00:00 - Introduction 

00:01:00 - Kenny O'Sullivan's Background and Experience

00:02:30 - Starting O'Sullivan Ground Engineering

00:03:30 - Transition to Piling and Equipment Choices

00:04:30 - Experience with GNH Computers and Support

00:05:30 - Importance of Relationships in the Industry

00:06:30 - Working with Marini and Project Experiences

00:07:30 - Details on the MRC-20 Project in Queensland

00:08:30 - First Impressions of IMT Machines

00:09:30 - Advantages of IMT Machines and Flexibility

00:10:30 - Design Innovations in Piling Rigs

00:11:30 - Challenges of Tight Access Jobs

00:12:30 - Heritage Projects and Low Headroom CFA

00:13:30 - Current Project Overview and Challenges

00:14:30 - Future of Low Headroom Jobs in Australia

00:15:30 - Discussion on the A90 Winch System

00:16:30 - Market Trends and Future Directions

00:17:30 - Lessons Learned in Contracting

00:18:30 - Advice for Younger Self and Mental Health

00:19:30 - Future of the Australian Market in Construction

In this episode of TerraQUIP Talk, Mike breaks down the biggest purchasing mistakes companies make when investing in piling rigs, from rushing decisions and over-accessorising to ignoring testing and resale value. With over a decade of experience in drilling equipment, Mike also shares surprising stories from the field and straight-talking advice on negotiating with suppliers.

Whether you’re a first-time buyer, a seasoned contractor, or just curious about the business behind heavy machinery, this episode is for you!

🛠 Ready to find the right piling or drilling rig for your next project?

Get expert guidance and tailored solutions at https://terraquip.com.au/

Follow TerraQUIP Drilling Equipment:

https://www.instagram.com/terraquipdrillingequipment/

https://www.linkedin.com/company/terraquip-drilling-equipment/

https://www.youtube.com/@terraquipdrilling

Timestamps:

00:00:00 - Introduction 

00:01:03 - Mistake #1: Buying Old Machines

00:03:41 - Mistake #2: Over-Purchasing Accessories

00:05:06 - Mistake #3: Choosing Inexperienced Brands

00:06:53 - Mistake #4: Poor Negotiation Practices

00:10:05 - Mistake #5: Over-Negotiating with Dealers

00:11:07 - Mistake #6: Last-Minute Purchases

00:15:55 - Mistake #7: Fear of Mixing Brands

00:19:24 - Mistake #8: Not Testing Machines Before Purchase

🛠 Ready to find the right piling or drilling rig for your next project?

Get expert guidance and tailored solutions at https://terraquip.com.au/

In this episode of TerraQUIP Talk, host Mike Dobrota breaks down the real-world process of buying a piling rig, from planning and testing to financing and resale. With over 15 years of experience in drilling equipment, Mike shares hard-earned lessons and practical advice that can save you time, money, and serious headaches.

Whether you’re a contractor gearing up for your next big project or a business owner looking to expand your fleet, this episode delivers expert insights, real-world examples, and cautionary tales (including a $12,000 window replacement!) to help you make smarter equipment decisions.

Follow TerraQUIP Drilling Equipment:

https://www.instagram.com/terraquipdrillingequipment/

https://www.linkedin.com/company/terraquip-drilling-equipment/

https://www.youtube.com/@terraquipdrilling

Timestamps:

00:00:00 - Introduction 

00:01:02 - Defining Your Target Market

00:02:37 - Choosing the Right Size for Your Projects

00:05:50 - Understanding Drilling Technologies

00:10:02 - Budget Considerations for Piling Rigs

00:15:40 - Importance of After-Sales Support

00:16:00 - Planning Your Purchase

00:22:02 - Testing the Machine Before Purchase

00:24:08 - Resale Value Considerations

00:25:31 - Conclusion and Final Thoughts

🛠 Ready to find the right piling or drilling rig for your next project?

Get expert guidance and tailored solutions at https://terraquip.com.au/

In this episode of TerraQUIP Talk, host Mike Dobrota breaks down the fundamentals of piling rigs—what they are, how they work, and why choosing the right one is crucial for your project's success. With over a decade of experience in drilling equipment, Mike also shares some unexpected (and hilarious) stories from the field that even seasoned pros might not know.

Whether you’re a civil engineering student, a curious beginner, or a contractor in the market for a rig, this episode delivers insights, real-world examples, and expert tips to help you drill smarter and build stronger.

Follow TerraQUIP Drilling Equipment:

https://www.instagram.com/terraquipdrillingequipment/

https://www.linkedin.com/company/terraquip-drilling-equipment/

https://www.youtube.com/@terraquipdrilling

Timestamps:

00:00:00 - Introduction 

00:01:01 - What is a Piling Rig?

00:02:37 - Other Uses of Piling Rigs

00:04:01 - Large Diameter Piles Explained

00:05:17 - Components of a Piling Rig

00:10:01 - How a Piling Rig Works

00:11:27 - Hydraulic vs. Electronic Control Systems

00:15:23 - Choosing the Right Piling Rig

00:18:04 - Importance of Selecting the Right Equipment

00:19:18 - Personal Journey in the Piling Industry

00:20:44 - Versatile vs. Specialized Piling Rigs

00:21:27 - Conclusion and Next Episode Preview

🛠 Ready to find the right piling or drilling rig for your next project?

Get expert guidance and tailored solutions at https://terraquip.com.au/

In the very first episode of TerraQUIP Talk, Mike Dobrota brings 15

years of hands-on experience to the table, sharing the real, unfiltered

truths behind the drilling and piling industry. From the costs of rigs

to the delays that can occur on multi-million dollar project timelines,

Mike breaks down why the right equipment and the right supplier can make

or break your business.

If you're serious about building stronger foundations, avoiding costly

mistakes, and getting more out of your investments, this debut episode

is a must-listen.

Follow TerraQUIP Drilling Equipment:

https://www.instagram.com/terraquipdrillingequipment/

https://www.linkedin.com/company/terraquip-drilling-equipment/

https://www.youtube.com/@terraquipdrilling

Timestamps:

00:00:00 - Introduction

00:01:03 - Brutal Truth #1: The High Cost of Piling Rigs

00:03:44 - Brutal Truth #2: Increasing Competition in the Industry

00:05:44 - Brutal Truth #3: Stressful Nature of Piling Projects

00:12:04 - Brutal Truth #4: Hard Work and Long Hours

00:14:22 - Brutal Truth #5: Working in Hostile Environments

00:16:18 - Brutal Truth #6: The Rewards of the Industry

00:17:37 - Brutal Truth #7: Financial Rewards and Salaries

00:20:27 - Brutal Truth #8: Safety and Danger on the Job

00:25:03 - Brutal Truth #9: Impact on Family Life

00:27:00 - Brutal Truth #10: The Role of AI in the Industry