Inventors:
William L. Wittsche - Allen TX, US
International Classification:
G06Q 30/08
Abstract:
A system for selling wellhead production assets is provided. The system includes a bid request system that displays one or more bidders, such as approved oil refinery operators, and receives one or more bidder selections from the seller. A production posting system connected to the bid request system receives the bidder selections and provides lease data to the bidders selected by the seller, so as to allow the seller to obtain competing bids without alerting the bidders of the other competing bids.