Oil $500 - By Flavious J. Smith, Jr.

Those points were then projected onto the big screen in front of us. Each stage was color coded. In the following diagram, you can see the location of the vertical monitor well and the path of the horizontal well drilled into the Marcellus Shale formation. The sounds (frac points) are plotted along the wellbore. The colors represent the different frac stages.

As I continued to watch, I realized this technology would be our ticket to winning the bid for Seneca’s land in the Marcellus Shale . To my knowledge, no one else was using this advanced technology. I convinced Mark to let us share this top-secret, state-of-the-art information with Seneca. We headed to Houston a week later for a meeting with the company’s top management. As the men in the room watched the different stages

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