oil & gas assets
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ES - Cabot Oil & Gas Highlights - May 12, 2020

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During Q1, Cabot Oil & Gas’ production fell 4% sequentially to 2.36 Bcfe/d, and the company anticipates further declines in Q2 to an average of 2.18-2.23 Bcfe/d. The Q1 drop was expected, as Cabot planned to bring only 13 wells online between the beginning of the year and midMay as a result of longer cycle times for larger pads with longer laterals. Two-thirds of planned 2020 wells will be turned to sales from mid-May......
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