Cabot Oil and Gas is transitioning to a new Marcellus completion design that yields ~20% improvement in well productivity. The difference is Cabot has gone from 200-ft spacing down to 150-ft spacing, resulting in 53 completed stages per well. Cabot plans to use the new completion design on all 2017 wells due to material uplift in economics. Newer wells have more than 30% increase in PV-10 per well relative to older wells. Laterals will......
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