how HANDBID ELEVATES oil & gas asset auctions
WHEN MILLIONS
ARE ON THE LINE
Oil and gas asset transactions operate on a different scale. Hard assets, royalty interests, mineral rights, and operating interests — every auction carries significant financial weight and demands a platform that can handle both the complexity and the pressure. Your bidders expect reliability. Your operations demand consistency. And when $186 million has flowed through a single platform, you know it works.
why generic auction platforms fail for OIL & GAS AUCTIONS
Oil and gas asset auctions require hybrid execution — live auctioneers working the room while remote bidders compete in real time via live stream. They require custom authentication so your bidders use their existing credentials, not a generic signup.
They require API-driven access controls so you determine who participates in which auctions. And they require a platform that won’t buckle under pressure on auction day.
Your bidders expect professionalism, speed...
and a platform that disappears behind your brand.
how HANDBID works for YOU
NEEDS CONTENT
Hybrid auction support
In-room bidders compete against remote participants watching a live stream and bidding through the platform. Real-time, synchronized.
White-label deployment
Fully branded under your identity. Your bidders log in to your platform, not Handbid’s.
Custom SSO authentication
Bidders use their existing username and password. Integrated directly with your backend user management.
API-driven access control
Remotely restrict which auctions individual bidders can participate in, managed through your own systems.
On-site premium support
Same Handbid staff at every event. Continuity and institutional knowledge across every auction.
Bi-monthly auction cadence
Built for operators running regular, recurring auctions — not one-off events.
featured use case
OGAC is a broker for the sale of oil and gas assets — from hard assets and surplus equipment to overriding royalty interests, operating interests, and mineral rights. Every other month, they run a live auction combining in-room bidders with remote participants.
what WE DID
for OGAC
Mobile Bidding
Real-time outbid notifications keep guests engaged and bidding from anywhere in the venue. With 16,500+ bids placed across Derby Day events, mobile bidding transformed a 130-item silent auction from a walk-around-and-scribble experience into a competitive, revenue-driving machine — doubling auction revenue in its very first year.
Tap-to-Pay Check-in
What once required paper forms, manual card entry, and a small army of volunteers now takes seconds. Guests tap their card or phone at a Stripe terminal, their payment method is stored, and they're ready to bid. At checkout, there's no line — invoices go straight to their phone, and guests leave on their own time.
Peer-to-Peer Fundraising
When COVID shut down in-person events in 2020, PWSA Colorado launched its first peer-to-peer campaign on Handbid — Race for a Cure. Supporters recruited their own networks, raised funds online, and proved that giving doesn't require a ballroom. Across four P2P campaigns, Derby supporters have raised over $127,000 beyond auction night.
Theme Manager
Derby Day's landing page isn't a generic template — it's a fully branded experience that matches the look and feel of Denver's classiest event. Handbid's Theme Manager gives organizers complete control over colors, logos, imagery, and layout, so guests feel the event's identity from the moment they land on the page.
Hybrid auction support
In-room bidders compete against remote participants watching a live stream and bidding through the platform — all in real time. When COVID forced OGAC to limit room capacity for their December 2020 auction, hybrid bidding wasn’t a backup plan. It became the permanent model, now powering 31 auctions and $186M in transactions.
Custom SSO Authentication
Bidders use their existing OGAC username and password — no separate accounts, no forgotten credentials. Handbid integrated directly with OGAC’s backend user management system, so authentication flows through their existing infrastructure. For commercial operators running recurring auctions, frictionless login means faster time to bidding.
API-driven access control
OGAC remotely controls which auctions individual bidders can access — managed entirely through their own systems via API. No manual roster management in the Handbid dashboard. When you’re running bi-monthly auctions with different qualified bidder pools, programmatic access control isn’t optional.
White-label Deployment
OGAC’s bidders log into OGAC’s platform — not Handbid’s. The fully branded white-label deployment matches OGAC’s visual identity from registration through checkout. One of Handbid’s first white-label builds, now in its fifth year of continuous operation with a second three-year contract signed through 2027.
their
RESULTS
What began as a requirement for absolute control became confidence in the platform’s ability to support repeatable, high-stakes auctions.
$186M+ Total Revenue Transacted
Over 31 auctions, more than $186 million in oil and gas assets have been transacted through the Handbid-powered platform.
31 Auctions Completed
Consistent bi-monthly auctions over five years, every one supported by the same Handbid team.
5+ Years, Two Contract Renewals
OGAC signed their original deal in 2020, renewed in 2021, and is now on their second three-year agreement through 2027.
18,257 Total Bids
4,081 registered bidders, 1,344 active bidders, consistent engagement across 31 events.
BEFORE
Set up your auction catalog, define bidder qualifications, and manage access via your API. Prepare your live stream and coordinate with the Handbid team.
AFTER
Complete transaction reporting, bidder analytics, and revenue reconciliation. Full data export for your back-office systems.
DURING
Host your live auction with in-room and remote bidders competing at the same time. Enjoy real-time bid tracking and live stream integration.
why oil & gas auction TEAMS trust handbid
$186 million in assets transacted — proven at scale
Same team at every event — continuity you can count on
A partner, not just a platform
what this MEANS FOR YOU
When your auction moves millions in assets every other month, you can’t afford downtime, inconsistency, or a platform that treats your operation like a side project. OGAC has trusted Handbid for five years and two contract renewals — because reliable infrastructure is non-negotiable in energy.
FAQs highlights
Can Handbid handle hybrid auctions with live and remote bidders?
Yes. This is a core capability. In-room bidders and remote participants compete in real time, synchronized through the platform with live stream integration.
Can our bidders use their existing login credentials?
Yes. Custom SSO authentication integrates with your existing user management system. No separate signup required.
Can we control which bidders access which auctions?
Absolutely. API-driven access control lets you manage bidder permissions from your own systems.
How does on-site support work?
We provide the same dedicated Handbid staff at every event, maintaining continuity and institutional knowledge across your auction calendar.
When millions are on the line...
trust the platform that’s proven it.
