PowerPoint slide deck from Cabot Oil & Gas updating investors on the company's recent history and future plans. Cabot is the premier Marcellus Shale gas producer in the "dry gas" area of northeastern Pennsylvania (Susquehanna County). This update highlights a new 10-well pad producing over 200 million cubic feet of natural gas per day--simply astonishing. A lot of other great information in this presentation.
PowerPoint presentation from Cabot Oil & Gas at the 2016 EnerCom Oil & Gas Conference. Lots of great slides. MDN's favorite is #12, which shows that since 2012 Cabot has drilled 18 of the top 20 most productive Marcellus Shale wells in Pennsylvania. Astonishing!
IMO 2020: Are you Ready?_TRANSPOREON Group_20190516Vivien Cheong
The Path Forward: Managing the Fuel Component of trans-Pacific 2019-2020 Contracting Cycle
Request a detailed explanation of how your carrier’s trade factors are calculated
Be able to validate the assumptions including ship size, speed and industrial utilization against industry benchmarks
Understand the timing for your carrier’s implementation of the new fuel formula. Will it go into effect in January 2020 or sooner?
Understand the impact for each carriers’ all-in-rate (ocean plus bunker) based on future changes in the fuel prices, both up and down.
Ensure contracts address failure to come to agreement on how future fuel surcharges will be dealt with as well as protection in place for space commitments and price from time of implementation until the end of contract.
Be prepared to offer your own fuel formula to carriers where there is a lack of clarify
Ensure your own formula is fair for both sides
Engage industry experts where needed to provide analytical support for validation and negotiations
Reward carriers that offer clarity and transparency with commitments for cargo
Newest Investor Presentation from Magnum Hunter Resources, Issued Oct 2014Marcellus Drilling News
Information about the Marcellus/Utica begins on page 17 of the PDF (slide is numbered 16). On page 25 (slide #24) we have an updated table of the largest acreage holders in the Utica. The very next page is fascinating: a list of transactions--drillers that purchased large tracts of acreage from other drillers in the Utica--and what they paid for it on a per acre basis. Be sure to take a look at that slide. Finally, a little bit of crowing about drilling the Utica's most productive well to date, the Stewart-Winland Utica Shale well (in WV!) on page 30 (slide #29).
An update on Magnum Hunter's shale drilling programs in both the Marcellus/Utica region, and in the Bakken Shale region. Total Magnum leased acreage is now 350,000 acres. The company continues to push aggressively in both shale plays, but recent activity is particularly focused on the Utica Shale.
The newest PowerPoint slidedeck from MHR detailing results from 2014 and plans for 2015. MHR is focused almost totally on the Marcellus and Utica Shale, with very small operations also in the Bakken Shale region.
Preview pages for the Marcellus and Utica Shale Databook 2014, Volume 2. This second volume (of three) features 81 detailed maps and charts showing where Marcellus & Utica Shale well permits have been issued throughout PA, OH and WV for May through August of 2014. Each detail map shows major natural gas pipelines, the location of compressor stations, and the locations for each permit issued appended with the driller's name. NEW in this edition: A frac sand and railroad primer. Also an updated directory of the 109 active and planned infrastructure/pipeline projects for the Marcellus/Utica. Plus much more! This is must-have information for landowners, drillers, and anyone interested in answering the question--just how long (and how much) will a well produce? Many other special features make this an indispensable tool for those with an interest in drilling in the Marcellus/Utica. Visit this page for more details: http://marcellusdrilling.com/databook.
PowerPoint presentation from Cabot Oil & Gas at the 2016 EnerCom Oil & Gas Conference. Lots of great slides. MDN's favorite is #12, which shows that since 2012 Cabot has drilled 18 of the top 20 most productive Marcellus Shale wells in Pennsylvania. Astonishing!
IMO 2020: Are you Ready?_TRANSPOREON Group_20190516Vivien Cheong
The Path Forward: Managing the Fuel Component of trans-Pacific 2019-2020 Contracting Cycle
Request a detailed explanation of how your carrier’s trade factors are calculated
Be able to validate the assumptions including ship size, speed and industrial utilization against industry benchmarks
Understand the timing for your carrier’s implementation of the new fuel formula. Will it go into effect in January 2020 or sooner?
Understand the impact for each carriers’ all-in-rate (ocean plus bunker) based on future changes in the fuel prices, both up and down.
Ensure contracts address failure to come to agreement on how future fuel surcharges will be dealt with as well as protection in place for space commitments and price from time of implementation until the end of contract.
Be prepared to offer your own fuel formula to carriers where there is a lack of clarify
Ensure your own formula is fair for both sides
Engage industry experts where needed to provide analytical support for validation and negotiations
Reward carriers that offer clarity and transparency with commitments for cargo
Newest Investor Presentation from Magnum Hunter Resources, Issued Oct 2014Marcellus Drilling News
Information about the Marcellus/Utica begins on page 17 of the PDF (slide is numbered 16). On page 25 (slide #24) we have an updated table of the largest acreage holders in the Utica. The very next page is fascinating: a list of transactions--drillers that purchased large tracts of acreage from other drillers in the Utica--and what they paid for it on a per acre basis. Be sure to take a look at that slide. Finally, a little bit of crowing about drilling the Utica's most productive well to date, the Stewart-Winland Utica Shale well (in WV!) on page 30 (slide #29).
An update on Magnum Hunter's shale drilling programs in both the Marcellus/Utica region, and in the Bakken Shale region. Total Magnum leased acreage is now 350,000 acres. The company continues to push aggressively in both shale plays, but recent activity is particularly focused on the Utica Shale.
The newest PowerPoint slidedeck from MHR detailing results from 2014 and plans for 2015. MHR is focused almost totally on the Marcellus and Utica Shale, with very small operations also in the Bakken Shale region.
Preview pages for the Marcellus and Utica Shale Databook 2014, Volume 2. This second volume (of three) features 81 detailed maps and charts showing where Marcellus & Utica Shale well permits have been issued throughout PA, OH and WV for May through August of 2014. Each detail map shows major natural gas pipelines, the location of compressor stations, and the locations for each permit issued appended with the driller's name. NEW in this edition: A frac sand and railroad primer. Also an updated directory of the 109 active and planned infrastructure/pipeline projects for the Marcellus/Utica. Plus much more! This is must-have information for landowners, drillers, and anyone interested in answering the question--just how long (and how much) will a well produce? Many other special features make this an indispensable tool for those with an interest in drilling in the Marcellus/Utica. Visit this page for more details: http://marcellusdrilling.com/databook.
A data-driven view of frac sand in the US shale plays, Permian, Eagle Ford, SCOOP, STACK, Niobrara. Includes coverage of the anticipated supply of West Texas sand mines in the Permian Basin and the upcoming logistical and water constraints.
Texas proppant and frac sand trends. Does more sand really equal better wells? Energent Group takes a look at the frac sand data in Permian, Eagle Ford, and Granite Wash to identify key operators and trends.
Impact IMO sulphur regulations on Rotterdam, Platts european bunker fuel conf...Ronald Backers
What would be certain and uncertain in the coming years concerning the decision of the IMO to start the new sulphur cap for bunker fuels in 2020? It's about production, storage and demand of fuel oil, blend components, LNG etcetera
2013 Results, Achievement of our 135 mmcfe/d Phase VI target ahead of schedule and Acceleration of our Phase VII Glacier drilling program sets a solid foundation for multi-year growth.
This presentation was given by Joel Schneyer, Managing Director at Headwaters MB at The North American Frac Sand Exhibition & Conference in Minneapolis, MN.
The following presentation was given by Joel Schneyer, Managing Director at Headwaters MB at the Frac Sand Insider 2016 Conference & Exhibition in La Crosse, WI.
The cleanup of AMD itself presents economic opportunities in addition to, of course, all the environmental benefits that result from cleaner streams and restored lands. It is vitally important that key policy makers understand the importance and benefits of AMD cleanup, and in particular the economic benefits. This presentation will highlight the findings from a recently completed study that focused on job creation around the long-term maintenance of passive treatment systems across Pennsylvania.
Two lists published by the U.S. Energy Information Administration showing the top 100 oil fields in the U.S. and the top 100 gas fields in the U.S., both based on the size of their estimated reserves in the year 2013 (as estimated by EIA researchers). The #1 gas field in 2013 was the Marcellus, and the #1 oil field the Eagle Ford.
Fuel gas quality control for gas mode operationsReetta Kaila
The fuel gas quality is measured as a methane number. By means of a catalytic technology, in the presence of steam, the methane number of a low-grade fuel gas can be improved, allowing highest efficiency. Moreover, converting wasted side streams into fuel gas reduces green house gas emissions of the offshore & maritime industry.
A data-driven view of frac sand in the US shale plays, Permian, Eagle Ford, SCOOP, STACK, Niobrara. Includes coverage of the anticipated supply of West Texas sand mines in the Permian Basin and the upcoming logistical and water constraints.
Texas proppant and frac sand trends. Does more sand really equal better wells? Energent Group takes a look at the frac sand data in Permian, Eagle Ford, and Granite Wash to identify key operators and trends.
Impact IMO sulphur regulations on Rotterdam, Platts european bunker fuel conf...Ronald Backers
What would be certain and uncertain in the coming years concerning the decision of the IMO to start the new sulphur cap for bunker fuels in 2020? It's about production, storage and demand of fuel oil, blend components, LNG etcetera
2013 Results, Achievement of our 135 mmcfe/d Phase VI target ahead of schedule and Acceleration of our Phase VII Glacier drilling program sets a solid foundation for multi-year growth.
This presentation was given by Joel Schneyer, Managing Director at Headwaters MB at The North American Frac Sand Exhibition & Conference in Minneapolis, MN.
The following presentation was given by Joel Schneyer, Managing Director at Headwaters MB at the Frac Sand Insider 2016 Conference & Exhibition in La Crosse, WI.
The cleanup of AMD itself presents economic opportunities in addition to, of course, all the environmental benefits that result from cleaner streams and restored lands. It is vitally important that key policy makers understand the importance and benefits of AMD cleanup, and in particular the economic benefits. This presentation will highlight the findings from a recently completed study that focused on job creation around the long-term maintenance of passive treatment systems across Pennsylvania.
Two lists published by the U.S. Energy Information Administration showing the top 100 oil fields in the U.S. and the top 100 gas fields in the U.S., both based on the size of their estimated reserves in the year 2013 (as estimated by EIA researchers). The #1 gas field in 2013 was the Marcellus, and the #1 oil field the Eagle Ford.
Fuel gas quality control for gas mode operationsReetta Kaila
The fuel gas quality is measured as a methane number. By means of a catalytic technology, in the presence of steam, the methane number of a low-grade fuel gas can be improved, allowing highest efficiency. Moreover, converting wasted side streams into fuel gas reduces green house gas emissions of the offshore & maritime industry.
The ICS Group, LLC introduces The Intelligent Well Pad. The Patented technology was developed with our client partners to solve the issues of security, safety, and data transmission from remote locations. This technology is now being used by our clients companies around the world.
For more information call ICS Group at 337-889-3000 or email: Michael Baker at m.baker@goicsg.com
An updated PowerPoint from COG presented at the Barclays CEO Energy/Power Conference 2015 in New York City, September 2015. Cabot is one of (perhaps THE) most successful drillers in the Marcellus Shale.
WiGig or IEEE 802.11ad, uses 60GHz spectrum to reach theoretical speeds as high as 7Gbps (bits per second), over a shorter range than today's Wi-Fi technologies. That's a lot more speed: The fastest Wi-Fi system, 802.11ac, tops out at just over 1Gbps.
Fixed Mobile Convergence has been one of the most interesting topics of research and telecom development. My presentation puts light on some of the key features of FMC.
Cabot Oil & Gas Marcellus & Eagle Ford Presentation at BOA Merrill Lynch Glob...Marcellus Drilling News
PowerPoint presentation with loads of useful maps and charts that details Cabot's shale drilling program in the northeast Marcellus--in Susquehanna County, PA. Cabot is the lowest price producer MDN is aware of. They estimate in 2014 their breakeven cost to drill--the cost at which they will start turning a profit--is a low, low 80 cents per thousand cubic feet of natural gas ($0.80 Mcf). It is an astonishing number.
Cabot Oil & Gas Slide Presentation at Merrill Lunch Energy ConferenceMarcellus Drilling News
The slide presentation used by Cabot Oil & Gas at the November 2014 Merrill Lynch Energy Conference in Miami, FL. The slides provide an update on Cabot's Marcellus Shale drilling program in Susquehanna County, PA, along with details on their new and growing Eagle Ford drilling program.
Cabot Oil & Gas' latest Investor Presentation, prepared for the EnerCom Oil & Gas Conference held in Denver (August 12, 2013). The presentation contains a number of interesting slides, including a map of their well locations and a map of interstate pipelines detailing how they get all that gas (now over 1 Bcf/d) to market.
A presentation delivered by Cabot Oil & Gas at the Scotia Howard Weil Energy Conference in New Orleans in March 2016. During the presentation we learn Cabot plans to complete 40 wells in the Marcellus in 2016 and grow production slightly--up to 7% in 2016 over 2015.
Citi 2014 Global Energy and Utilities Conference - Cabot PresentationMarcellus Drilling News
The Cabot Oil & Gas PowerPoint presentation used during Cabot's address to the delegates at the Citi 2014 Global Energy and Utilities Conference in Boston, MA on May 14-15, 2014. The presentation has a number of interesting, inside bits of information useful to those who track the happenings in the Marcellus Shale.
The annual report issued by the Ohio Oil & Gas Association (OOGA) each year. The most recent report (released in March 2016 at OOGA's annual winter meeting) shows 2015 the incredible impact the Utica Shale has and continues to have in Ohio. The report contains a number of very useful maps and stats about recent permitting and drilling in the Ohio Utica Shale.
A PowerPoint presentation used by Antero to accompany their second quarter 2014 financial and operational update. This presentation is loaded with great information about one of the major drillers in the Marcellus and Utica Shale region. Antero continues to impress!
Breakout Session 2: Strategies to Improve Truck Safety
2015 Traffic Safety Conference
by Ioannis Tsapakis, Assistant Research Scientist, Texas A&M Transportation Institute;
Cesar Quiroga, Senior Research Engineer, Texas A&M Transportation Institute
Similar to Cabot Oil & Gas Investor Presentation/Update December 2013 (20)
Quarterly legislative action update: Marcellus and Utica shale region (4Q16)Marcellus Drilling News
A quarterly update from the legal beagles at global law firm Norton Rose Fulbright. A quarterly legislative action update for the second quarter of 2016 looking at previously laws acted upon, and new laws introduced, affecting the oil and gas industry in Pennsylvania, Ohio and West Virginia.
An update from Spectra Energy on their proposed $3 billion project to connect four existing pipeline systems to flow more Marcellus/Utica gas to New England. In short, Spectra has put the project on pause until mid-2017 while it attempts to get new customers signed.
A letter from Rover Pipeline to the Federal Energy Regulatory Commission requesting the agency issue the final certificate that will allow Rover to begin tree-clearing and construction of the 511-mile pipeline through Pennsylvania, West Virginia, Ohio and Michigan. If the certificate is delayed beyond the end of 2016, it will delay the project an extra year due to tree-clearing restrictions (to accommodate federally-protected bats).
DOE Order Granting Elba Island LNG Right to Export to Non-FTA CountriesMarcellus Drilling News
An order issued by the U.S. Dept. of Energy that allows the Elba Island LNG export facility to export LNG to countries with no free trade agreement with the U.S. Countries like Japan and India have no FTA with our country (i.e. friendly countries)--so this is good news indeed. Although the facility would have operated by sending LNG to FTA countries, this order opens the market much wider.
A study released in December 2016 by the London School of Economics, titled "On the Comparative Advantage of U.S. Manufacturing: Evidence from the Shale Gas Revolution." While America has enough shale gas to export plenty of it, exporting it is not as economic as exporting oil due to the elaborate processes to liquefy and regassify natural gas--therefore a lot of the gas stays right here at home, making the U.S. one of (if not the) cheapest places on the planet to establish manufacturing plants, especially for manufacturers that use natural gas and NGLs (natural gas liquids). Therefore, manufacturing, especially in the petrochemical sector, is ramping back up in the U.S. For every two jobs created by fracking, another one job is created in the manufacturing sector.
Letter From 24 States Asking Trump & Congress to Withdraw the Unlawful Clean ...Marcellus Drilling News
A letter from the attorneys general from 24 of the states opposed to the Obama Clean Power Plan to President-Elect Trump, RINO Senate Majority Leader Mitch McConnel and RINO House Speaker Paul Ryan. The letter asks Trump to dump the CPP on Day One when he takes office, and asks Congress to adopt legislation to prevent the EPA from such an egregious overreach ever again.
Report: New U.S. Power Costs: by County, with Environmental ExternalitiesMarcellus Drilling News
Natural gas and wind are the lowest-cost technology options for new electricity generation across much of the U.S. when cost, public health impacts and environmental effects are considered. So says this new research paper released by The University of Texas at Austin. Researchers assessed multiple generation technologies including coal, natural gas, solar, wind and nuclear. Their findings are depicted in a series of maps illustrating the cost of each generation technology on a county-by-county basis throughout the U.S.
Annual report issued by the U.S. Energy Information Administration showing oil and natural gas proved reserves, in this case for 2015. These reports are issued almost a year after the period for which they report. This report shows proved reserves for natural gas dropped by 64.5 trillion cubic feet (Tcf), or 16.6%. U.S. crude oil and lease condensate proved reserves also decreased--from 39.9 billion barrels to 35.2 billion barrels (down 11.8%) in 2015. Proved reserves are calculated on a number of factors, including price.
The monthly tabulation and prediction from the U.S. Energy Information Administration on production and activity in the largest 7 U.S. shale plays. All 7 shale plays will experience a decrease in natural gas production from the previous month due to low commodity prices.
Velocys is the manufacturer of gas-to-liquids (GTL) plants that convert natural gas (a hyrdocarbon) into other hydrocarbons, like diesel fuel, gasoline, and even waxes. This PowerPoint presentation lays out the Velocys plan to get the company growing. GTL plants have not (so far) taken off in the U.S. Velocys hopes to change that. They specialize in small GTL plants.
PA DEP Revised Permit for Natural Gas Compression Stations, Processing Plants...Marcellus Drilling News
In January 2016, Gov. Wolf announced the DEP would revise its current general permit (GP-5) to update the permitting requirements for sources at natural gas compression, processing, and transmission facilities. This is the revised GP-5.
PA DEP Permit for Unconventional NatGas Well Site Operations and Remote Piggi...Marcellus Drilling News
In January 2016, PA Gov. Wolf announced the Dept. of Environmental Protection would develop a general permit for sources at new or modified unconventional well sites and remote pigging stations (GP-5A). This is the proposed permit.
Onerous new regulations for the Pennsylvania Marcellus Shale industry proposed by the state Dept. of Environmental Protection. The new regs will, according to the DEP, help PA reduce so-called fugitive methane emissions and some types of air pollution (VOCs). This is liberal Gov. Tom Wolf's way of addressing mythical man-made global warming.
The monthly Short-Term Energy Outlook (STEO) from the U.S. Energy Information Administration for December 2016. This issue makes a couple of key points re natural gas: (1) EIA predicts that natural gas production in the U.S. for 2016 will see a healthy decline over 2015 levels--1.3 billion cubic feet per day (Bcf/d) less in 2016. That's the first annual production decline since 2005! (2) The EIA predicts the average price for natural gas at the benchmark Henry Hub will climb from $2.49/Mcf (thousand cubic feet) in 2016 to a whopping $3.27/Mcf in 2017. Why the jump? Growing domestic natural gas consumption, along with higher pipeline exports to Mexico and liquefied natural gas exports.
A sort of "year in review" for the gas industry in the northeast. If you could boil it all down, the word that appears prominently throughout is "delay" with respect to important natgas pipeline projects. From the Constitution, which should have already been built by now, to smaller projects, delays were the prominent trend for 2016.
The Pennsylvania Public Utility Commission responded to each point raised in a draft copy of the PA Auditor General's audit of how Act 13 impact fee money, raised from Marcellus Shale drillers, gets spent by local municipalities. The PUC says it's not their job to monitor how the money gets spent, only in how much is raised and distributed.
Pennsylvania Public Utility Commission Act 13/Impact Fees Audit by PA Auditor...Marcellus Drilling News
A biased look at how 60% of impact fees raised from PA's shale drilling are spent, by the anti-drilling PA Auditor General. He chose to ignore an audit of 40% of the impact fees, which go to Harrisburg and disappear into the black hole of Harrisburg spending. The Auditor General claims, without basis in fact, that up to 24% of the funds are spent on items not allowed under the Act 13 law.
The final report from the Pennsylvania Dept. of Environmental Protection that finds, after several years of testing, no elevated levels of radiation from acid mine drainage coming from the Clyde Mine, flowing into Ten Mile Creek. Radical anti-drillers tried to smear the Marcellus industry with false claims of illegal wastewater dumping into the mine, with further claims of elevated radiation levels in the creek. After years of testing, the DEP found those allegations to be false.
FERC Order Denying Stay of Kinder Morgan's Broad Run Expansion ProjectMarcellus Drilling News
Several anti-drillers filed an appeal of the Federal Energy Regulatory Commission's Certificate for the Kinder Morgan Broad Run Expansion Project, asking for a stay claiming a removal of 40 acres of forest for a compressor station would irreparably harm Mom Earth. FERC has ruled against the stay and told the antis Mom Earth will be just fine.
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
role of women and girls in various terror groupssadiakorobi2
Women have three distinct types of involvement: direct involvement in terrorist acts; enabling of others to commit such acts; and facilitating the disengagement of others from violent or extremist groups.
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
In a May 9, 2024 paper, Juri Opitz from the University of Zurich, along with Shira Wein and Nathan Schneider form Georgetown University, discussed the importance of linguistic expertise in natural language processing (NLP) in an era dominated by large language models (LLMs).
The authors explained that while machine translation (MT) previously relied heavily on linguists, the landscape has shifted. “Linguistics is no longer front and center in the way we build NLP systems,” they said. With the emergence of LLMs, which can generate fluent text without the need for specialized modules to handle grammar or semantic coherence, the need for linguistic expertise in NLP is being questioned.
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
हम आग्रह करते हैं कि जो भी सत्ता में आए, वह संविधान का पालन करे, उसकी रक्षा करे और उसे बनाए रखे।" प्रस्ताव में कुल तीन प्रमुख हस्तक्षेप और उनके तंत्र भी प्रस्तुत किए गए। पहला हस्तक्षेप स्वतंत्र मीडिया को प्रोत्साहित करके, वास्तविकता पर आधारित काउंटर नैरेटिव का निर्माण करके और सत्तारूढ़ सरकार द्वारा नियोजित मनोवैज्ञानिक हेरफेर की रणनीति का मुकाबला करके लोगों द्वारा निर्धारित कथा को बनाए रखना और उस पर कार्यकरना था।
2. HIGHLIGHTS FROM CABOT’S FIRST 10-WELL MARCELLUS PAD
170 Stages with a Combined Peak Production Rate
of 201 Mmcf/d and a Combined Average 30-Day
Production Rate of 168 Mmcf/d
10-Well Pad Included Two Upper Marcellus Wells and a
500’ Downspacing Pilot Program in the Lower Marcellus
Realized Cost Savings of $6 Million for the 10-Well Pad
Implying a Reduction in Well Costs from $6.4 Million for a
2-Well Pad to $5.8 Million for a 10-Well Pad
Cabot’s First Location Hydraulically Fractured
by an Entirely Bi-Fuel Frac Fleet
3. OVERVIEW OF CABOT’S 10-WELL PAD OPERATIONS
Water storage
tanks
Bi-fuel metering of
natural gas to frac
pumps
Additional sand
storage
Bi-fuel frac
pumps
Simultaneous Zipper Ops
/ Pumpdown Wireline
Plug-Perf
4. UPPER MARCELLUS DE-RISKING AND LOWER MARCELLUS
500’ DOWNSPACING PILOT
4 Lower Marcellus wells to the North
1,000’
1,000’
1,000’
2 Upper / 4 Lower Marcellus wells to the South
1,000’
500’
500’
1,000’
Upper Marcellus Well
Lower Marcellus Well
Fault
Upper Marcellus Interval
Lower Marcellus Interval
5. DRILLING AND COMPLETION EFFICIENCIES ON THE 10-WELL PAD
Drilling Cost Per Foot ($)
$325
$258
2012
1H 2013
$228
10-Well Pad
Frac Stages Per Crew Day
6.3
4.2
2012
5.1
1H 2013
10-Well Pad
6. PAD DRILLING EFFICIENCIES RESULTING IN LOWER WELL COSTS
Marcellus Well Cost For Typical 14 Bcf (18-Stage) Well ($mm)
$6.4
($0.2)
($0.2)
($0.2)
Single Well Cost for Location and Road
2-Well Pad
Savings
Drilling Efficiencies
Completion
Efficiencies
$5.8
Single Well Cost for
10-Well Pad
7. TRANSITIONING FROM ACREAGE CAPTURE TO PAD DRILLING
Percentage of Marcellus Wells Drilled on Pads with 5 or More Wells
60%
23%
2013E
2014E
9. KEY INVESTMENT HIGHLIGHTS
Extensive Inventory of
Low-Risk, High-Return
Drilling Opportunities
Industry-Leading
Production and Reserve
Growth
– Over 3,000 identified drilling locations in the sweet spot of the Marcellus Shale
implying 25+ years of inventory at current drilling levels
– Peer-leading rates of return and EUR per lateral foot in the Marcellus Shale
– Oil-focused initiative in the Eagle Ford Shale
– Initiated 2014 production growth guidance of 30% - 50%
– Reaffirmed 2013 production growth guidance of 44% - 54%
– 2012 proved reserve growth of 27% resulting in a three-year reserve CAGR of 23%
– Q3 2013 total company per unit cash costs1 of $1.25 per Mcfe
Low Cost Structure
– 2014 Marcellus per unit cash cost1 guidance of ~$0.80 per Mcf
– 2012 total company all-sources finding costs of $0.87 per Mcfe
– 2012 Marcellus all-sources finding costs of $0.49 per Mcf
Strong Financial
Position and Financial
Flexibility
1Excludes
– Net debt to adjusted capitalization ratio of 33% as of 9/30/2013
– Approximately 30% hedged at the midpoint of 2014 production guidance
DD&A, exploration expense, stock-based compensation and pension termination expenses
10. ASSET OVERVIEW
2012 Year-End Proved Reserves: 3.8 Tcfe
Q3 2013 Production: 1.164 Bcfe per day
2013E Drilling Activity: 155 – 165 net wells
2014E Drilling Activity: 170 – 190 net wells
Marcellus Shale
~200,000 net acres
Current Rig Count: 6 (as of August 21, 2013)
2013E Drilling Activity: ~100 net wells
2014E Rig Count: 7 (beginning January 2014)
Eagle Ford Shale
~62,000 net acres
Current Rig Count: 2
2013E Drilling Activity: 30 – 35 net wells
2014E Rig Count: 2
2014E Drilling Activity: 40 – 50 net wells
2014E Drilling Activity: 130 – 140 net wells
11. PEER-LEADING PRODUCTION AND RESERVE GROWTH
Production Per Debt-Adjusted Share CAGR (2010 – 2012)
42%
30%
26%
24%
22%
17%
16%
15%
8%
Peer median: 11%
8%
2%
(0%)
COG
18%
Peer A
17%
Peer B
Peer C
Peer D
Peer E
Peer F
Peer G
Peer H
Peer I
Peer J
Peer K
(2%)
Peer L
(3%)
Peer M
(9%)
Peer N
Reserves Per Debt-Adjusted Share CAGR (2010 – 2012)
15%
9%
5%
4%
2%
Peer median: (2%)
(1%)
(2%)
(4%)
(10%)
(12%)
(18%)
(21%)
(36%)
COG
Peer C
Peer E
Peer F
Peer L
Peer D
Peer A
Peer J
Peer K
Peer H
Source: Cabot Oil & Gas, company filings
Peer group from 2013 proxy statement includes: CXO, EQT, KWK, NBL, NFX, PXD, QEP, RRC, SM, SWN, UPL, WPX, XCO and XEC
Peer M
Peer G
Peer I
Peer B
Peer N
12. TRANSFORMATION TO A MARCELLUS AND EAGLE FORD
FOCUSED STORY IN 2014
2013E Capital Program:
$1.1 billion - $1.2 billion
2014E Capital Program:
$1.375 billion - $1.475 billion
Other
5%
Other
2%
Eagle Ford
24%
Eagle Ford /
Marmaton /
Pearsall
30%
Marcellus
65%
Production
Equipment /
Other
5%
Land Exploration
3%
5%
Marcellus
74%
Production
Equipment /
Other
6%
Drilling
87%
Land
6%
Exploration
3%
Drilling
85%
13. PROVEN TRACK RECORD OF PRODUCTION GROWTH…
600
550
500
Bcfe
450
400
2014
Guidance:
30% - 50%
350
300
267.7
250
150
2013
Guidance:
44% - 54%
(increased
from 35%50%)
187.5
200
42.8%
130.6
43.5%
100
Liquids (Net)
Gas (Net)
50
0
2010
2011
2012
2013E
2014E
15. INDUSTRY-LEADING COST STRUCTURE
Operating
$2.50
Transportation¹
Taxes O/T Income
G&A²
Financing
$2.47
$2.12
$2.00
$ / Mcfe
$1.76
$1.67
$1.50
Guidance
Midpoint:
$1.37
Guidance
Midpoint:
$1.21
$1.00
$0.80
$0.50
$0.00
2009
1 Includes
2010
2011
all demand charges and gathering fees
stock-based compensation and pension termination expenses
2 Excludes
2012
2013E
2014E
2014E Marcellus Only
16. PEER-LEADING CASH FLOW PER SHARE GROWTH WHILE GENERATING
SUBSTANTIAL FREE CASH FLOW
2013E – 2015E Cash Flow Per Share CAGR
50%
40%
30%
20%
10%
0%
(10%)
COG
Peer A
Peer B
Peer C
Peer D
Peer E
Peer F
Peer G
Peer H
Peer I
Peer J
Peer K
Peer L
Peer M
Peer N
Peer B
Peer F
Peer M
Peer G
2014E – 2015E Cumulative Free Cash Flow ($mm)
$1,250
$1,000
$750
$500
$250
$0
($250)
($500)
($750)
($1,000)
($1,250)
COG
Peer D
Peer C
Peer J
Peer L
Peer A
Peer K
Peer H
Peer N
Peer I
Peer E
Source: First Call consensus median as of 11/11/2013; cumulative free cash flow defined as cash flow per share times shares outstanding less capital expenditures; consensus 2014 pricing of $3.85 per Mmbtu and $93.92 per Bbl
Peer group from 2013 proxy statement includes: CXO, EQT, KWK, NBL, NFX, PXD, QEP, RRC, SM, SWN, UPL, WPX, XCO and XEC
17. POTENTIAL USES FOR FREE CASH FLOW
Expand Core
Acreage
Positions in
the Marcellus
and Eagle
Ford
Accelerate
Development
of our
Marcellus and
Eagle Ford
Programs
Organically
Build
Positions in
New Venture
Opportunities
Return Cash to
Shareholders
Via Share
Buybacks and
Increased
Regular
Dividends
19. Cumulative Production From January to June 2013 (Bcfe)
CABOT CONTINUES TO PRODUCE THE MOST PROLIFIC WELLS IN THE
MARCELLUS SHALE
Top 20 Pennsylvania Marcellus Wells (January to June 2013)
6.0
5.0
15 of the top 20 (January to June 2013)
10 of the top 20 (July to December 2012)
14 of the top 20 (January to June 2012)
15 of the top 20 (July to December 2011)
4.0
3.0
2.0
1.0
0.0
Source: PA DEP Oil & Gas Reporting Website
Note: Peers include Chief Oil & Gas and EQT Corporation
20. DERISKING OF CABOT’S MARCELLUS POSITION
15 of Top 20 Marcellus Wells
(Jan – Jun 2013) SILVER LAKE
LANESBORO
HALLSTEAD
SILVER LAKE
GREAT BEND
Recently Announced Q2 / Q3 2013 Well Results
HARMONY
SUSQUEHANNA Total Frac
Number of
Peak 24-Hour
DEPOT
Wells
Stages
Rate (Mmcf/d)
Pad A
OAKLAND
MIDDLETOWN
3
68
98.0
3 JACKSON
50
59.1
Pad D
3
45
55.8
Pad E
2
27
34.8
Pad F
FOREST LAKE
109.5
Pad B
FRANKLIN
109
Pad C
FRIENDSVILLE
Q2 / Q3 2013 Well Results
4
1
23
NEW MILFORD
BRIDGEWATER
MONTROSE
THOMPSON
32.8
ARARAT
JESSUP
HARFORD
RUSH
GIBSON
BROOKLYN
HERRICK
DIMOCK
UNIONDALE
HOP BOTTOM
AUBURN
LATHROP
SPRINGVILLE
LENOX
CLIFFORD
Cabot Acreage
FOREST
CITY
Peer Acreage
Conservation Areas
21. CONTINUED PERFORMANCE IMPROVEMENTS IN THE MARCELLUS
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
3.4
3.8
Average IP and 30-Day Rate
20.0
4.1
2.7
2.1
10.0
5.0
2008
2009
2010
15.1
15.0
Mmcfpd
Thousand Ft.
Horizontal Length
2011
0.0
2012
11.9
7.4
8.7
5.9
2008
13.4
2009
5.0
0.0
2010
13.2
10.0
5.0
2009
2011
Number of wells: 2008 - 5, 2009 - 29, 2010 - 55, 2011 – 40, 2012 – 40
Note: Data excludes wells drilled in the northern portion of our acreage position
2011
2012
14.1
11.2
4.6
2008
2010
15.0
17.7
8.5
10.0
14.5
EUR
Bcf
Stages
15.0
15.6
14.0
17.4
7.2
Average Number of Stages
20.0
16.8
2012
0.0
7.8
5.0
2008
2009
2010
2011
2012
22. MARCELLUS RIG MOVE EFFICIENCIES
10
Move Days (Release to Spud)
8.7
8
7.4
6
4.8
4.0
4
2
0
2011/2012 (25 Moves)
Implementation of New Move
Process (4 Moves)
Average For Last 19 Moves
Target
Implemented a new rig move process in 2013 including 24-hour operations for rig up and rig down
The new process has reduced average rig moves by ~4 days
4-day reduction in move time yields $250K in savings per move including rig time, trucking, rentals, and
labor charges
24. MARCELLUS COMPLETION EFFICIENCIES
FRAC EVOLUTION:
Average Frac Stages Per Crew Day
2010 – Daylight Operations, single well pads
10
Record of 9 frac stages
per crew day
(achieved five times)
2011 – 24 Hour operations, multi well pads
8
2013 – 24 Hour operations, multi well pads,
simultaneous zipper operations
EFFICIENCY RESULT:
Days
2012 – 24 Hour operations, multi well pads,
modified zipper operations
6
4
100% increase in stages per day compared to 2010
Significant cost savings through the reduction in days
on site
9.0
4.2
2
2.5
0
2.9
2010
2011
5.1
2012
2013 YTD
25. EVOLUTION OF CABOT’S FRAC STAGE SPACING
SHORTER STAGE LENGTHS AND REDUCED CLUSTER SPACING
RESULTING IN HIGHER EURS PER 1,000 FEET OF LATERAL
EUR Per 1,000’ of Lateral (Bcf)
4.0
3.7
3.3
2.9
3.0
2.4
2.0
1.0
0.0
2008
2009
2010 - Q2 2012
Q3 - Q4 2012
Packer
Systems
Completion
400’ spacing
Packer
Systems
Completion
300’ spacing
Plug/Perf
250’ spacing
Plug/Perf
200’ spacing
26. COMPRESSED NATURAL GAS (CNG) AND LINE GAS USAGE IN
CABOT’S MARCELLUS OPERATIONS
CNG Usage in Cabot’s Vehicles
- Estimated displacement of ~110,000 gasoline gallon
equivalents (GGE) in 2014
CNG / Line Gas Usage in Cabot’s Drilling Operations
- Estimated displacement of ~1.1 million diesel gallon
equivalents (DGE) in 2014
- Plan to utilize CNG / Line Gas in 100% of Cabot’s future
drilling operations for estimated displacement of 2.5+
million DGE
Line Gas Usage in Cabot’s Completion Operations
- Estimated displacement of ~1.5 million DGE in 2014
- Plan to utilize Line Gas in 100% of Cabot’s future
completion operations for estimated displacement of 2.6+
million DGE
27. COG MARCELLUS MARKETING STRATEGY
Diversifying on Multiple Pipelines to
Multiple Geographic Locations
Firm Transportation Arrangements
Long-Term Sales Agreements
(Firm Sales)
Investing in New Pipeline Projects
Opportunistic Hedging Program
28. CABOT’S MARCELLUS GATHERING CAPACITY
Cabot’s Gross Marcellus Gathering Capacity (Mmcf/d)
Gross Takeaway Capacity (Mmcf/d)
4,000
3,650
3,800
3,000
2,380
2,000
1,580
1,000
0
650
20
95
Dec-08
Dec-09
255
Dec-10
Dec-11
Dec-12
Dec-13
Dec-14
Dec-15
Note: Capacity volumes above are indicative deliverability estimates for facilities that
are in place or planned for those periods; these are not production estimates.
Facilities include compression, dehydration and measurement.
29. INTERSTATE PIPELINE MARKETS
Canada
Iroquois
NY
NH
VT
TGP 200 Line
Constitution
Laser
Boston
MA
CT
Millennium
RI
TGP 300 Line
Hartford
Springville
Transco
Susquehanna
County
Long
Island
New York
City
PA
NJ
Charlotte
Current Markets
Tennessee Gas Pipeline – 300 (CT, NJ, OH, PA, WV)
Transco Gas Pipeline (DC, MD, NC, NJ, NY, PA, VA)
Millennium Gas Pipeline (CT, NJ, NY, RI)
2015 Market Additions
Iroquois Pipeline (CT, Long Island)
Tennessee Gas Pipeline – 200 (CT, MA, NH)
TransCanada Pipeline (via Iroquois)
30. SCHEDULED APPALACHIA PIPELINE EXPANSIONS
Cumulative Pipeline Capacity Additions
(Bcf/d)
Over 13.3 Bcf/d of pipeline capacity expansions in Appalachia between now and 2017
with even more projects currently in the planning phases
14
13.3
12
10.9
10
8.8
8
5.8
6
4
3.1
2
0
Q4 2013
Source: Bentek
2014
2015
2016
2017
31. CABOT’S MARCELLUS ECONOMICS
Typical Well IRR Sensitivity
$6.5 million D&C
$6.0 million D&C
195%
200%
BTAX %IRR
175%
150%
150%
115%
125%
100%
80%
75%
50%
170%
130%
100%
70%
$3.00
$3.50
$4.00
Henry Hub ($ / Mmbtu)
Typical Well Parameters (Based on 2012 Program)
EUR: 14.1 Bcf
Number of Stages Per Well: 18
IP Rate: 17.4 Mmcfpd
Average Working Interest: 100%
Lateral Length: 4,100’
Average Revenue Interest: 85%
$4.50
33. EAGLE FORD SHALE SUMMARY
~62,000 net acres
Current operated rig count: 2
–
Added a second rig in late July that will
focus solely on multi-well pad
development (3 – 6 wells per pad)
Operated wells producing: 56
Pad A
• 4-well pad
• Completing
• Lateral lengths
ranging from
5,200’ to 8,000’
Operated wells currently drilling / suspended: 6
Operated wells completing: 5
Average completed well cost: ~$6.5mm
–
Multi-well pad drilling expected to reduce
well costs by $500,000 - $600,000 per well
Recently completed an extended lateral well
(8,000’+) with a 24-hour peak rate of ~1,130
Boepd and a 120-day rate of ~1,100 Boepd
~20
miles
Pad B
• 6-well pad
• Drilling
• Average lateral
length over
8,000’
Frio
Atascosa
La Salle
McMullen
34. SIMPLE GROWTH STORY
3,000+ Locations in the Sweet Spot of the Marcellus Shale
Implying 25+ Years of Inventory at Current Drilling Levels
Currently Producing 1.3 Bcf/d of Gross Marcellus
Production From Only 8% of Our Identified Locations
Peer-Leading Rates of Return and
EUR Per Lateral Foot in the Marcellus Shale
Industry-Leading Cost Structure Continuing
to Improve Due to Efficiency Gains
Best-In-Class Production and Cash Flow Per Share Growth
While Generating Free Cash Flow
35. Thank you
The statements regarding future financial performance and results and the other
statements which are not historical facts contained in this presentation are
forward-looking statements that involve risks and uncertainties, including, but
not limited to, market factors, the market price of natural gas and oil, results of
future drilling and marketing activity, future production and costs, and other
factors detailed in the Company’s Securities and Exchange Commission filings.