Houston-based Cabot Oil & Gas (ticker: COG) provided an operational update for its third quarter yesterday, in light of the in-service date delay for the Atlantic Sunrise Project from August 2018 to October 6, 2018.

Notable points in the operational update:

Expected net production for 3Q 2018 of 2,029 Mmcfe/d.

7% sequential increase in daily net production relative to 2Q 2018.
19% increase relative to the prior-year comparable quarter on divestiture-adjusted basis.

 

Current gross operated production volumes above 2.6 Bcf/d.

Means increase of over 400 Mmcf/d.
19% increase relative to the average daily gross volumes during 2Q 2018.

 

Natural gas price realizations for 3Q 2018 expe...


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