Cabot Oil and Gas Corp. builds exploratory wells in north-central Ohio

Cabot Oil and Gas Corporation, which previously drilled in Pennsylvania’s Marcellus shale regions, is drilling several wells in north-central Ohio (Ashland and Richland counties) to explore oil and natural gas potential below the Utica Shale, according to Farm and Dairy.  As part of this effort, the company is negotiating amendments to existing oil and gas/gas storage leases in the area to allow for horizontal drilling. For more, read the full story

Ohio