Geology of Morgan County Lease, Tennessee

Monteagle limestone is a Mississippian age formation, consisting of 200-250 feet of massive limestone with shale beds. It contains chert and has fossil-fragmental porous zones. Porosity is vulgar and normally occurs in 5 to 30 feet near the middle of the formation. It is a consistent oil and gas producing formation. The average number of barrels of recoverable reserves is in the 20,000 barrels per well range. Most petroleum engineers assign 60 MMCF gas to Monteagle wells. This is based on volumetric calculations. However, many Monteagle gas wells have produced five times this amount of gas due to natural fracturing. Other Monteagle gas wells in the area are still producing commercial quantities of gas after 30 years.