Patent ID: 7512544
Filing Date: 2009-03-31
Classification: G06Q

Abstract:
1. A computer implemented system for managing and processing supply and demand information for participants in an equipment market, the system comprising: a data processor programmed to receive and store electronically received data, designated by an user, as private information or public information and combinations thereof in a relational database in an electronic storage medium, wherein the computer implemented system assigns the private information an unique requirements reference number; a business logic engine comprising computer readable program code stored on a host computer wherein a business logic program code comprises: a communications engine for receiving a market inquiry on equipment from both a demand side market participant and a supply side market participant and forwarding the inquiry to the supply side market participant or the demand side market participant and for receiving a response to the inquiry from the supply side market participant or demand side market participant and forwarding the received response to the demand side market participant or supply side market participant, and wherein the equipment comprises drilling and production equipment for oil and natural gas.