Cabot Oil & Gas 400 ft (55-acre) Spacing Test Yields Best Well To Date

Both wells are performing better than the company's average well to date
Cabot Oil and Gas Eagle Ford Shale Map

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Cabot Oil & Gas reported initial results from its two well 400′ (55-acres) spacing test and plans to drill additional wells. The best of the two wells provided the highest initial IP rate of any of the company’s 33 wells to date. The second well is trending higher than the average of the company’s program to date.

Downspacing across the play is looking more and more viable in the volatile oil and the condensate trends of the play.

Cabot now plans to drill a second set wells utilizing 400 ft spacing to continue its evaluation. I suspect we’ll know more by the end of the third quarter and we’ll know if the company will shift its development program by early 2013.

Read the full quarterly press release at

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R.T. Dukes

R.T. Dukes

Managing Editor at
R.T. is the managing editor of In prior roles, he advised major oil companies on strategy, the macro business environment, and opportunity screening. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790

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