Cabot Continues to See Success from Horizontal Drilling Program

01.11.2007

Cabot Oil & Gas reports additional horizontal drilling success at its County Line project in east Texas, along with news on horizontal drilling from its shale program in West Virginia. Cabot continues to expand the County Line James field with another successful completion, the Timberstar Redditt #2, which was recently completed with an initial production rate of 13 Mmcf per day. This well reached a total measured depth of 12,860 feet with a 5,400-foot lateral in the James Lime formation.

 

“This is the fifth of six horizontal James wells to have an initial production rate of 9 Mmcf per day or better,” said Dan O. Dinges, Chairman, President and Chief Executive Officer. “The consistency of these recent results has given Cabot the confidence to drill two additional wells in 2007 and to expand its 2008 effort at County Line to 32 horizontal James wells.”

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