Abstract: A system for tracking assets with a geofenced area is provided. The system comprises a processor, a memory, and a geofence application stored in the memory that when executed on the processor receives a first message from a client device located at a remote premises, the first message containing a record of a short term loan of an asset by the premises, the record further containing a first data item and a second data item. The system also stores the record in the database, the record associating the first data item, the second data item, and identification of the premises and further describing a due date and time for return of the asset under the loan. The system also receives a second message from the client device indicating return of the asset. The system also converts the record to closed status based on receipt of the second message.

Abstract: A new method for determining a pumping schedule that will produce an acceptable return on investment for a particular well includes selecting a pumping schedule, which includes an initial pumping schedule and a remaining pumping schedule, adapted for fracturing a formation around one or more perforations in the particular well. Using the initial pumping schedule, interrogate a pump data model to produce a set of fracture characteristics. A set of tiltmeter sensors and micro-seismic sensors placed adjacent the fracture in the formation will also generate a set of fracture characteristics. If the set of fracture characteristics originating from the pump data model do not substantially match the set of fracture characteristics originating from the tiltmeter sensors and the micro-seismic sensors, the pump data model must be calibrated.