TENNESSEE: Volunteer State Well Reports Good Flow

A Tengasco well in Kansas – Tengasco photo
BYRDSTOWN, Tenn. – According to a press release issued by Southeastern  Energy, Inc. officials, an oil well hit on the Carl Huddleston farm in Pickett  County, TN on Monday, March 15th is believed to be the biggest well ever  discovered by the firm.

G. Allen Murrell, owner of Southeastern Energy, Inc. and North American  Resource Group said, “The well began flowing oil out of the ground within 15  seconds of drilling into the pay zone!” Southeastern Energy is a full service  oil and gas developer located in Glasgow, KY.

The new well is flowing an estimated 40 barrels per hour still shut in.  Although very early in its life, if this well were opened up, it would  probably produce several thousand barrels a day.  At today’s record high oil  prices, this well could have the potential to make a huge amount of money in a  short period of time.

The company’s other owner, Doug Smith, hit the largest well in Tennessee  history in neighboring Overton County in 1994.  Smith stated at the time, “I  have seen plenty of big wells drilled in but I have never seen one come to the  ground that quickly.  It made about 90 barrels of oil in 15 seconds!  Over  $3,000 of oil in 15 seconds, I’d say that’s quick.”

Smith and Murrell have several other leases in Pickett, Fentress and other  Tennessee counties they plan to drill.  They also have areas in the Western  United States, including Texas, which will be drilling soon.

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Author: montanaoilreport

After my first job at a newspaper -- delivering papers for the Jackson (TN) Sun, ink was in my veins. Since the 1970's I've worked in every area of the Printing and Publishing industry, with most of that time spent in the pressroom. In 2008 I moved to Montana and purchased the Sun Times of Fairfield (fairfieldsuntimes.com). In 2011 I realized that most media outlets were either ignoring, or attacking, the growing oil and gas industry in Montana, so I started the Montana Oil Report as the source of information on this important industry.

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