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The typical depth of a residential well ranges from 100 feet to 800 feet deep. Some wells are even 1,000 feet or deeper. The deeper a well is, the better the water quality.
If you own the surface, you must get a signed agreement with the mineral rights owner giving you permission to explore for oil or gas. Usually you promise to pay a percentage of the income you hope to produce to the mineral rights owner as compensation for that permission.
Although only about 15 percent of the state is actively producing oil or gas, geologists believe a much larger percentage of the state has the potential to produce crude oil and/or natural gas.
Persons who drill, deepen or reopen oil and gas wells must obtain a permit from the Tennessee Division of Water Pollution Control (WPC), Oil and Gas Section.
The Tennessee Water Well Act of 1963 requires all persons drilling a water well to be licensed. A water well is any well for the production of water for beneficial use such as domestic use, irrigation, livestock watering, etc. A person installing a pump or water treatment device on a water well must also be licensed.
As of February 2013, there are fracking wells in Anderson, Campbell, Fentress, Morgan, Overton, Pickett, Scott, and Union counties in Tennessee. Atlas Energy has bought up 105,000 acres in eastern Tennessee. The company believes that this property could contain up to 500 potential horizontal drilling locations.
Well Drilling Costs By State StateAverage Cost Per FootSouth Carolina$28 ? $61South Dakota$26 ? $58Tennessee$27 ? $60Texas$28 ? $6243 more rows ?