Cabot announces Horizontal drilling success

Cabot Oil & Gas Corporation announces 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 (working interest 100%), which was recently completed with an initial production rate of 13 Mmcf per day at 1,725 lbs. flowing casing pressure. This well reached a total measured depth of 12,860 feet with a 5,400-foot lateral in the James Lime formation.

In the East Region, Cabot recently reached total depth on its third horizontal well in its fall drilling program since September. The Meadows A #1H (working interest 100%) reached a total depth of 6,816 feet with a 3,530-foot lateral in the Huron shale. This well encountered a natural flow in excess of 1.0 Mmcf per day while drilling.

The well will be hooked up to the existing infrastructure and commence producing immediately. “The well was drilled in 18 days at a cost of less than $600,000.