Cabot Oil & Gas Corporation announces sale of its Pennsylvania midstream assets
Cabot Oil & Gas Corporation today announced the sale of its Pennsylvania midstream assets to Williams Field Services Company, LLC, a subsidiary of Williams Partners LP, for consideration of $150 million plus a 25-year gathering agreement.
Cabot Oil & Gas Corp. said Friday it has sold 75 miles of gathering pipeline and two compressor stations in Pennsylvania to a subsidiary of Williams Partners LP for $150 million.