Since commencing operations in Susquehanna County from 2006 through year end 2010, Cabot has:
- Staffed a local office in Montrose, PA.
- Drilled and completed 98 wells (61 horizontal, 37 vertical).
- Invested more than $1 billion
- Created more than 400 full-time jobs in the county.
Cabot's 2011 Budget will include:
- 60% of total Company capital investments are directed to Susquehanna.
- The hiring of additional full-time employees at all levels as we continue to expand our operations in the region.
- Drilling between 50 and 60 wells, nearly all of which are horizontals.