Ky-Tenn Oil, Inc.
APPALACHIAN BASIN
Fentress, Morgan, Scott Counties
Tennessee
Ky-Tenn Oil, Inc. is a privately owned oil and gas exploration
and production company that owns more than 40,000 acres of leases
held by production from some 53 oil wells and 92 gas wells. It also
owns and operates some 25 miles of gas gathering lines and compressors.
KTO is seeking industry partners to join in the develop of its
properties through new drilling, reworking wells, waterflood, natural
gas storage.
Area of Interest
The general area of interest is situated on the east flank of the Nashville
Dome and south of the Cincinnati Arch on the Cumberland Plateau
in the Central Appalachian Basin.
The Appalachian Basin is the nation's oldest producing region. Production
to date has been estimated to exceed 43 million cubic feet of natural
gas equivalents. According to published reports, the basin still
has an estimated 95 to 158 trilling cubic remain oil and gas reserves.
The Paleozoic Era represents in this area is divided into the following
time periods: The Pennsylvanian (290-325 million years ago), Mississippian
(325-360 million years ago) Devonian (360-410) million years ago,
Ordovician (440-510 million years ago) and the Cambrian (510-570
million years ago).
The Cumberland Plateau is a topographic feature capped with approximately
600 feet of Pennsylvania Sandstone. Regional dip is to the southeast at
30 to 50 feet per mile. The area has apparently been subjected to some
intense compressional forces, which have resulted in sharply folded anticlinal
features. Major faulting is known to have occurred.
Drilling Prospects
Ky-Tenn Oil, Inc. (KTO). holds lease positions to more than 40,000 acres
of leases in Fentress, Morgan and Smith Counties in Tennessee. Most of
KTO's drill sites are offsetting producing wells or are located in development
areas in established oil and gas fields. Roads and gas gathering systems
with compression, where needed, are operating and well maintained.
All of the oil and gas production from KTO's wells leases comes from
the Monteagle Limestone, Fort Payne Limestone or the Chattanooga Shale.
Most KTO wells will test all of these three potential reservoirs. A detailed
description of each potential reservoir in the area of interest follows:
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