Cabot O&G to Begin Drilling in Ashland County, OH This Week

Location of Cabot’s 2 initial test wells (in green), tan regions show gas storage fields – click for larger version

As we have reported since late last year, Cabot Oil & Gas, long-known for the incredible amount of Marcellus natural gas they produce out of a single northeastern Pennsylvania county (Susquehanna), is eyeing north central Ohio as a potential spot for “what’s next” after the Marcellus (see Cabot O&G Considers Drilling in Ashland County, OH). Cabot locked up leases and is planning to drill a number of test wells in not only Ashland, but also Holmes, Knox, Richland and Wayne counties in the Buckeye State (see New Details Emerge on Cabot’s Shale Plans in Central Ohio). The company doesn’t know exactly what it will find–gas, NGLs or perhaps even oil–but they’re about to find out. In April Cabot began pushing dirt around to construct its first wellpad in Ashland (see New Cabot Drilling Program Kicks Off This Week in Ashland, OH). Sometime this week, the company will spud (drill) its first hole in the ground. Buckle up! This is an exciting time for landowners in Ashland County. Here’s more on Cabot’s new program in Ohio…

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