US-based Miller Energy has completed drilling and tested water-free oil production at its CPP-H-1 well in the Mississippian Age Fort Payne formation in Tennessee, US.
CPP-H-1 well has been tested at a restricted rate of 487 BOE per day on a ¾in choke, where it has produced about 365 barrels of oil per day, 730 million cubic feet of gas per day, and 0 barrels of water per day.
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Once the company receives EPA go-ahead to re-inject the produced gas to maintain reservoir pressure, it will start production in the well.
The company said that since Fort Payne reservoirs are solution gas drive reservoirs, it is important to maintain reservoir pressure to increase oil production.
The well is expected to produce between 200 to 225 barrels of oil equivalent per day, once reinjection process commences and it starts full production.
In addition, Miller has drilled its second well in the Fort Payne formation, and expects that once it is complete, the well will yield similar results.
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By GlobalDataIt is also planning to develop two additional horizontal well sites in Tennessee in the near future and has identified 25 sites, where similar horizontal wells can be developed on about 40,000 acres.
Miller Energy CEO Scott M. Boruff said that the success of CPP-H-1 well development will have great impact on oil production in the state of Tennessee and the entire Appalachian Basin.
"We have been very excited for a very long time about the prospects for our Tennessee assets, and we are thrilled that we can finally share that excitement with the world at large," added Boruff.
Image: Miller Energy CEO Scott M. Boruff.Photo: courtesy of Miller Energy.
