Wednesday, April 15, 2026

Cabot Oil & Gas Earns $100 Million in 2017, Plans $950 Million 2018 CapEx

Cabot Oil & Gas Corporation (ticker: COG) produced 685.3 Bcfe in 2017. The production mix consisted of 655.6 Bcf of natural gas, 4,440.9 Mbbls of crude oil and condensate and 512.1 Mbbls of NGLs. Cabot incurred a total of $757.2 million of capital expenditures in 2017, including $637.2 million of drilling and facilities capital associated with drilling 91 gross (82.5

New England Power Infrastructure Woes Stretch Beyond Natural Gas

From The Wall Street Journal Massachusetts officials thought they were close to securing future supplies of green energy by piping in hydroelectric power from Canada. But a week after Massachusetts said yes to the $1.6 billion project, neighboring New Hampshire said no, jeopardizing the 192-mile transmission line that would bring in the electricity through the Granite State. The rejection earlier this month marked the latest example of

Roughnecks at drill site.

GE Won’t Sell Baker Hughes Stake Yet, Lowers 2018 Profit View

From The Wall Street Journal General Electric Co. lowered its 2018 profit outlook Wednesday and said it has no intention of selling down its majority stake in oil services firm Baker Hughes before 2019, a shift from its previous exploration of exiting the business. GE combined its struggling oil and gas business with Baker Hughes last year to form a new public company.