Miller Petroleum Announces Successful Well in the Chattanooga Shale
Miller Petroleum, Inc. announced that the latest well in its Lindsay field has initially tested as potentially one of the best natural gas vertical wells that Miller has ever drilled. Targeted with the Chattanooga Shale in mind, the well also shows pay zones in various other formations including the Monteagle and Fort Payne. Stabilized production from this well is anticipated to be between 250 and 350 Mcf per day.
The Devonian Chattanooga Shale is an organic, hydrocarbon rich shale prevalent throughout Eastern Tennessee. This productive formation is located beneath the Mississippian Fort Payne Limestone at a depth of between 3,000 and 4,000 feet. The shale thickness ranges from 80 to over 200 feet and is believed to be the source rock for the hydrocarbons produced from many of the conventional reservoirs in Tennessee. The Chattanooga Shale is the stratagraphic equivalent of the Lower Huron found in Eastern Kentucky and West Virginia.
Miller CEO Scott M. Boruff commented that, “Once again our Lindsay Field has proven to be a great producer. I look forward to getting results from two additional wells that we have recently drilled on the property. The Devonian Chattanooga Shale continues to hold tremendous promise which bolds well for exploration and production on other recently acquired leases by Miller Petroleum in the area.”
Miller is an oil and gas exploration and production company actively engaged in the exploration, development, production and acquisition of crude oil and natural gas primarily in eastern Tennessee. Over the years, Miller has drilled more gas and oil wells in Tennessee than any other company.
