Cabot searches for oil and gas in north-central Ohio

Cabot searches for oil and gas in north-central Ohio

Thursday, July 19, 2018 by Sara Welch

Cabot Oil and Gas Corp. is moving west of the Marcellus shale, searching for its next big oil and natural gas find in north-central Ohio, according to the Farm and Dairy.

Cabot is building exploratory wells in Ashland and Richland counties. The company also has an interest in leasing land in surrounding counties.

Currently, Cabot is drilling five wells below the Utica shale — approximately 6,000 feet deep. To do so, the company is seeking an amendment to existing leases with Columbia Gas Transmission — now part of TransCanada — to allow for horizontal drilling.

Learn more: Farm and Dairy > Cabot exploring oil and gas potential in north central Ohio

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Shale FAQ

What are mineral rights?

Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.

Will I get free natural gas if I allow fracking on my property?

Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.

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Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.