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News Breaks | | | | January 14, 2013 | | 10:21 EDT |  | MILL | Miller Energy completes horizontal well in Tennessee
Miller Energy Resources announced that, on Saturday, January 12, it had tested water free oil production from the company’s CPP-H-1 well. The CPP-H-1 well is the first successful horizontal well drilled and completed in the Mississippian Age Fort Payne formation in North America. The well tested at a restricted rate of 487 BOE per day on a ¾” choke. The rate was restricted in order to conserve as much reservoir energy as possible. A breakdown of the initial production test consists of 365 BOPD, 730 MCFGPD, and 0 BWPD. The company plans to begin producing the well as soon as Miller Energy Receives EPA permission to begin reinjecting the produced gas in order to maintain reservoir pressure. Based on the initial flow tests, the company expects this will be a very strong and commercially successful well. Although this well represents an unprecedented achievement, based on what is known about the formation, the geology and the initial reservoir pressure, Miller expects that the well will produce in the range of 200 to 225 BOEPD once reinjection has started and full production has begun. | |
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News For MILL From The Last 14 Days Check below for free stories on MILL the last two weeks. |
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| June 12, 2013 | | 08:06 EDT | | MILL | Miller Energy provides operational update on Alaskan assets
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