Cabot's Marcellus Gas Output Grows Despite Shut - Ins

摘要

Cabot Oil & Gas increased its overall production from the Marcellus Shale during the second quarter, even though weak regional gas prices prompted it to curtail volumes in areas that lacked pipeline access to higher - priced markets. "We firmly believe that stronger demand and improved price realizations for Cabot are on the horizon and we will continue to be disciplined in our approach to managing though this lower price environment as we have through all of these commodity price cycles," Chief Executive Dan Dinges said on Friday.