Cabot Oil to cease drilling in north-central Ohio

Farm and Dairy has reported that Cabot Oil & Gas Corp. will cease operations in Ashland and Richland County. Cabot’s exploratory drilling in the north-central Ohio region yielded poor production results and the company will not allocate any additional capital to exploration there at this time. Landowners in the area have been voicing their concerns about lease language and amendments relative to the Cabot drilling. Read the full story.