Cabot O&G and Susquehanna County, PA – Match Made in Heaven

Cabot Oil & Gas Regional HQ in Dimock PA
Cabot Oil & Gas Regional HQ in Dimock PA

When Cabot Oil & Gas leased acreage in the Pennsylvania Marcellus some 7-8 years ago, they decided to concentrate their focus on a single county–Susquehanna County (about 15 miles from where MDN is written). Cabot guessed right. As we have written about over the years, Cabot has become a low-cost producer and pumps out an enormous amount of gas from that single county. In February Cabot produced an average of 1.9 billion cubic feet from its wells in Susquehanna County. Astonishing! In the third part of a 3-part series running on the SNL Financial website, the author takes a close look at a match made in heaven–Cabot & Susquehanna County–with some interesting details on Cabot’s program in NEPA…

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