Cabot Oil & Gas, Cabot Oil & Gas , Cabot Oil & Gas, (2010)


Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading independent North American natural gas producer. The company’s reserves are focused in both conventional and unconventional basins in Appalachia, the Rocky Mountains, the Mid-Continent and the Gulf Coast.

See: Cabot Oil & Gas’s Marcellus Drilling to Slow After PA Environment Officials Order Wells Closed. Lustgarten, Abrahm. ProPublica. (2010).

See: Commonwealth of Pennsylvania DEP takes aggressive enforcement action against Cabot Oil

See: Associated Press. December 16, 2010. The Wilkes-Barre Times Leader. "Gas driller to pay $4.1 million in settlement."

HARRISBURG — The state Department of Environmental Protection has abandoned its plan to force a Houston-based drilling company to pay nearly $12 million to extend a public water line to residents whose wells have been contaminated with methane gas, citing a lack of political support.

Environmental regulators say Cabot Oil & Gas Corp. instead will pay residents of Dimock a total of $4.1 million under a settlement with the company announced late Wednesday. Cabot also has agreed to pay to install whole-house gas mitigation systems in each of the 19 affected homes.

The settlement infuriated residents, who say the DEP caved to political pressure.

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