Cabot Oil & Gas Corporation reported that its production from the Marcellus Shale in Susquehanna County, Pennsylvania has returned to pre-disruption levels. This follows the restart of the Lathrop Compressor Station, which was damaged by fire on March 29th. Currently six compressor units are operational and the seventh is scheduled to start up next week. Building repairs are also slated to be complete next week.

"We are extremely pleased with this news and our ability to return to previous production levels in less than one week," said Dan O. Dinges, Chairman, President and Chief Executive Officer. "We commend Williams and all of their personnel for the monumental effort to resolve this matter in a prudent and expeditious manner." Dinges added, "We estimate that this disruption deferred only about 1 Bcf of natural gas production in total, clearly a minor impact to the year."

Tags: Cabot Oil & Gas Corporation