Traditionally, leases of well services involve a leassor creating a lease agreement with a leassee. In creating the lease relationship and lease agreement, the prospective leassee will generally require information regarding the well services from the leassor. At times, leassors may lack the time or expertise to fully monitor the well services that are being provided, with precision and regularity, thereby creating an inability for them to thoroughly inform the leassees of the information that they require.
Some leassors turn to management companies. However, these companies can be expensive, and there are no assurances that payments to the leassor will be made when the payments are due. Additionally, these property management companies can lack the resources and expertise to provide the requisite information that a potential leassee requires before leasing well services.
Accordingly, there exists a need for a system for acquiring rights to lease well services for a specified period of time or a particular activity.
A potential leassee and leassor will normally require certain information before actually leasing well services, such as the availability of the well services, any technical specifications regarding the well services, the number of bid requests a potential leassee will have, contract terms of the lease, the different types of rates for services offered by the leassor, and the different types of responsibilities the leassee and leassor will incur. The enormous amount of information that needs to transfer between the potential leassee and leassor increases the probability of delaying, misplacing, or forgetting a piece of information that would be vital to either party.
Thus, a need exists to provide a system for a plurality of potential leassees to obtain information regarding a plurality of well services. A need exists to provide a system for a plurality of leassors to obtain information regarding the potential leassees that wish to lease well services. Further, a need exists for a database server system to interface the needs of the potential leassee and the leassor in a manageable fashion.
The present embodiments meet these needs.
The present embodiments are detailed below with reference to the listed Figures.