1. State of the Energy Industry
George Stark – Director, External Affairs
@StarkGeorge

2. About the Marcellus
World class asset
Pennsylvania is now the 2nd largest producer of natural gas in the country, behind Texas
Shale gas production accounted for more than half of U.S. natural gas production in 2015
This number is expected to grow to 70% by 2040 (EIA)

3. Cabot’s assets

4. Cumulative Production
Cabot’s assets
Completing: 8 wells (247 Stages)
Wells Producing: 437 H, 39V
WOPL: 0 wells (0 Stages)
WOC: 61 wells (1,768 Stages)
Horizontal Rig Count: 1 NY NY PA PA
Cumulative Production
11-15 BCF
8-11 BCF
5-8 BCF
2-5 BCF
15+ BCF
Susquehanna
Lackawanna
Wyoming
Pipelines
Constitution
Built/Williams
Bluestone
Tennessee
Millennium
~ 3 Miles
~ 3 Miles
Aerial photo, Township Lines, Cabot Wells and Acreage

5. Infrastructure access

6. Location is a game-changer

7. What does this mean for us?
In a word: savings
Americans have already saved more than $38 billion on gasoline in (Market Watch).
Households are saving an average of $2,000 per year thanks to lower energy prices (IHS).
Electricity, natural gas prices continue to hold steady for businesses & households across the country.

8. What does the future hold?
Increased reliance on natural gas
Marcellus & Utica reservoirs are responsible for 85% of the U.S. shale gas production growth since the start of 2012 (EIA).
Shell’s ethane cracker is bringing a new business to the region and will create thousands of jobs
EPA Clean Power Plan effects

9. Thank you! George Stark George.Stark@cabotog.com 412-249-3909