Thursday 14 August 2025, 12pm BST
Hilco is seeking offers to acquire the intellectual property assets of Remote Measurement Systems Limited (In Liquidation) (“RMS” or the “Company”), on behalf of the Joint Liquidators of the Company, Chad Griffin and Graham Smith of FRP Advisory Trading Limited (the “Joint Liquidators”).
RMS specialised in the development and commercialisation of advanced instrumentation and sensor systems engineered for deployment in extreme environments, including high-pressure, high-temperature, high-vibration, and high-shock conditions. Founded in 1998, RMS built a reputation as a trusted design and manufacturing partner for global oilfield service providers and energy operators, supplying high-reliability measurement tools and subsurface assemblies tailored for use in downhole and sub-sea applications.
Over a 25-year period, RMS established a deep and distinctive technology base, underpinned by multidisciplinary expertise spanning mechanical engineering, electronics, firmware development, and advanced sensor integration, including proprietary gamma ray sensors, measurement systems, electromagnetic and resistivity tools, and turbine-based downhole generators, designed to meet the stringent performance and durability standards of the global oilfield sector. The Company’s offering extended beyond its product portfolio to include refurbishment, calibration, and engineering support services, allowing it to operate as both a technology developer and long-term lifecycle partner. The Company supported multiple tool generations across major oilfield customers and maintained strong internal documentation processes that captured the know-how behind each product line.
This sale presents a rare opportunity to acquire RMS’s engineering IP portfolio, which includes trade secrets, proprietary technology, mechanical and electrical design files, calibration protocols, and field performance data, offering a complete technical foundation for the ongoing development, manufacture, and deployment of proven subsurface instrumentation solutions.
RMS established itself as a trusted and enduring brand within the oilfield instrumentation and subsurface sensing sector, recognised for its expertise in engineering high-precision tools capable of performing under extreme environmental conditions. Over more than two decades, RMS earned a reputation for reliability, technical rigour, and innovation, delivering customised sensing and power systems to global energy service providers.
The RMS name became synonymous with robust sensor platforms and integrated tool assemblies for downhole and sub-sea operations, with its products deployed across some of the world’s most demanding geographies, including high-temperature, high-pressure, and high-vibration environments. RMS’s focus on durable, mission-critical performance positioned the Company as a preferred supplier for bespoke solutions where reliability and measurement accuracy were crucial. The Company’s willingness to co-develop solutions with its clients, often from concept through to field deployment, cemented its role as both a technology partner and a specialist engineering house.
The Company holds registered trade marks protecting the “Remote Measurement Systems” and “Strata Measurement” brand names and associated logos.
Full details on the Company’s trade marks are available via the virtual data room.
RMS holds a comprehensive and well-organised repository of technical know-how and engineering documentation, developed over 25 years of research, product development, and deployment in some of the most demanding environments within the oilfield services sector. The Company’s extensive archive reflects its deep cross-functional expertise in mechanical design, electronics integration, firmware development, and sensor calibration, brought together to support the design, manufacture, and refinement of high-reliability measurement tools used in downhole and sub-sea applications.
The Company’s design history includes detailed CAD drawings and 3D models, supported by corresponding electrical schematics, PCB layouts, and wiring diagrams. RMS’s files map the full evolution of the Company’s products across multiple tool generations. RMS’s proprietary software, developed in house, formed the control layer for its sensor arrays and telemetry systems, with source code available for both legacy products and newer designs.
RMS maintained rigorous internal records capturing performance simulations, finite element analyses, and thermal and vibration studies, all of which shaped product enhancements and field adaptations. The Company’s sensor development and integration efforts are underpinned by proprietary calibration protocols, extensive QA records, and test rig data covering years of deployments across varied tool configurations. The archive also includes full development histories for RMS’s key products, including its natural gamma tools (such as the NG, NG3 and NGRS series), azimuthal gamma sensors, electromagnetic and resistivity-based tools (including the EM Tool and SSP3), and turbine-powered downhole generators such as the Shell Generator. Available documentation covers RMS’s servicing procedures, tool refurbishment data, and performance optimisation work carried out in collaboration with clients.
All materials are stored in a well-organised digital library, offering an acquirer immediate visibility over the Company’s core technical assets, allowing a purchaser to accelerate the development of compatible technologies, leverage proven designs, or repurpose RMS’s systems for adjacent markets requiring durable, precision instrumentation.
The primary remotemeasurementsystems.com domain name is available to acquire, alongside the remote-measurement-systems.com and remote-measurement-systems.co.uk domain names.
The Company owns the copyright in the website content previously hosted at remotemeasurementsystems.com, which showcased its engineering capabilities, product portfolio, and specialist services across the downhole instrumentation and measurement technology sectors.
Rights in the Company’s LinkedIn account are available to acquire.
Offers are due Thursday 14 August 2025 at 12pm BST.
All expressions of interest and bids are to be directed to Hilco in writing. A Bid Submission Form is available on request. Please contact Hilco to gain access to a virtual data room of further information on signing a confidentiality agreement.
Hilco is acting as exclusive agent to the Company and its Joint Liquidators in connection with the proposed sale of some or all of the Company’s assets. The Joint Liquidators acts as an agent of the Company and without personal liability.
All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company, its Joint Liquidators or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed. A Buyer’s Premium of 10% of the final purchase price is payable by the successful purchaser in addition to the agreed purchase price, is non-negotiable and is payable at the same time and in the same manner as the purchase price and forms a condition of sale.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Company and its Joint Liquidators.
