Rentals

Supports a variety of Rental Rates

✓   By the Hour
✓   By the Day, Week, Month
✓   By a Standby Day
✓   By a Drilling Run
✓   By an Activation

Provides Visibility

✓   The Well or Rig Location
✓   Rental Agreements
✓   Total Revenue Generated
✓   When to do cleaning and inspection

Provides Flexibility

✓   Supports single or multiple branch locations or wherever your rental fleet is located
✓   Short Durations (days) or Long Term (months)
✓   Can include items from your rental fleet as well as third party rental items (sublets)
✓   All types of assets can be defined in your rental fleet and rented to your customers

✓ Serial Number Assets
✓ Consumable Inventory
✓ Lot Number Assets (where a serial number is not defined i.e. drill pipe and drill strings)


Tracks Profitability on Your Assets by

✓   Recording the Revenue earned by Asset
✓   The Depreciation Costs
✓   Recoverable Costs i.e. damages or cleaning
✓   Non-Recoverable (internal maintenance costs)

Asset Utilization Available On-Line to Track

✓   Number of Days Rented
✓   Number of Days in Maintenance
✓   Number of Idle Days

Rental Fleet Inquires Show Your Staff

✓   Available Assets
✓   When assets are expected back
✓   Which Customers have racked your assets
✓   Whether the asset is in maintenance at your shop or a Third Party location

ACCOUNTING: Discovery’s accounting modules are GAAP and IFRS compliant and provide “Point in Time” drill into financial analysis tools.