Coterra Energy (Cabot O&G) | Economic Impact | Energy Companies | Industrywide Issues | Jobs | Pennsylvania | Susquehanna County
Cabot O&G Continues to Grow in NEPA, Opens New Facility
Cabot Oil & Gas, one of our favorite Marcellus Shale drillers, focuses almost exclusively on drilling in Susquehanna County, PA, with a few wells in neighboring Wyoming County. Cabot continues to pour money into northeastern Pennsylvania. On Wednesday Cabot’s wholly-owned subsidiary, GasSearch Drilling Services, officially opened a new 28,000-square foot maintenance facility in Lenox Township (Susquehanna County) with a ceremonial ribbon cutting and open house for energy industry colleagues, neighbors and public officials.
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Ever wonder how it feels to be “streamlined” (laid off, fired) to help the company’s “bottom line”? We can assure you, it feels lousy. It feels like the end of the world has just happened. The future is now uncertain. Will you have to sell the house? Pull the kids out of school? File for food stamps (something you’ve never had to do)? Those are some of the thoughts that are swirling through the heads of 196 soon-to-be former employees of EQT after the latest round of “streamlining” and “workforce reductions.”
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Last Wednesday MDN brought you the news that CNX Resources had laid off some 50 employees, with rumors circulating that more layoffs were coming (see 
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