Drilling Down: Transparency

On Monday, you heard our Department of External Affairs ring in unanimously on what they call, “the most tedious or difficult part of their jobs.” Though the crew loves what they do and relishes the opportunity to educate our friends, skeptics and even critics, they all agree that communicating with those who stand by misinformation can be tedious.

Cabot Oil & Gas Corporation  believes in open and honest communication with our publics, and we also believe that the more transparent we are about everything we do – including drilling operations and the contents of hydraulic fracturing fluid – the less room people will have for misinformed opinions. Because one of our primary goals at Cabot is to educate and involve the communities in which we serve, we practice transparency in all that we do.

An example includes our participation in a state-based registry launched by the Interstate Oil and Gas Compact Commission (IOGCC) and the Ground Water Protection Council (GWPC), which is accessible to the public at FracFocus.org. As a member of America’s Natural Gas Alliance (ANGA), the American Exploration & Production Council (AXPC) and the Independent Petroleum Association of America (IPAA), we support the disclosure of our hydraulic fracturing fluids.

We also happily give site tours to community members, organizations, departments and agencies wishing to learn more about how and where we drill and complete a well. In most cases, we bring our visitors down on to the well pad to witness the day’s operations and to observe our technology in progress. Those on tour have the opportunity to meet our Cabot employees, Company Men and contractors to receive a well-rounded education of an active drill site.

Another example of Cabot’s transparency is the Surveys, Studies and Settlements section of our website. As you can imagine, this section provides access to documents that misinformation leads people to believe we hide. The section, which we encourage you to visit, includes Cabot’s correspondence with the Environmental Protection Agency(EPA) including the letter from our Cabot’s CEO Dan O. Dinges to EPA Administrator Lisa P. Jackson.  Others have also praised our transparency on the webpage.

Additionally, the page includes wellsite evaluations and reports as well as Cabot’s responses to those reports. The page documents Cabot’s correspondence with the Department of Environmental Protection (DEP) as well as information about current regulatory affairs and litigations. Cabot aims to provide full disclosure, once approved by various departments and agencies, about data collected and tested from various wells within the communities that we serve.

Our website also includes links to our annual report and information about current 10-Q and 10-K operations so that those interested can learn about the steps we’re taking to provide America with clean, affordable natural gas.

Perhaps most notable in our efforts to communicate as transparently as possible is the upcoming third annual Cabot Community Picnic. Besides serving as a family friendly event with free food, games and music, the Picnic is Cabot’s way of giving attention to every aspect of both our operations and those of our community partners. Each year, thousands of people pour into the Harford Fair Grounds to enjoy the festivities and speak with experts from the oil and gas industry about land, water, drilling, completions and much more.

We welcome our visitors to ask us questions, see and touch our heavy equipment and collect take-home informational pieces about what we do. Visitors also have the opportunity to speak with Cabot’s senior level management, including our CEO, at the picnic.

If you can’t make it to the Picnic Saturday, July 21, but still have questions for us, feel free to reach out through our #AskCabot portals. In an additional effort to communicate openly and honestly, we take questions via #AskCabot  email or Twitter on #AskCabot Thursdays.

Drilling Down: Picnic Updates
Drilling Down: Safety
Bill desRosiers

Raised in Highland Falls, New York, William desRosiers learned about responsible resource development, firsthand, as a part of his family's mining business. William received his B.S. in Management, B.A.in History and MBA from Misericordia University. He currently serves in External Affairs for Cabot Oil & Gas Corporation. His primary responsibilities include strengthening media relationships, managing company-run fundraising programs, building better community relations and representing Cabot every chance he has.

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