Cabot slapped with violation

Cabot violation: Led by chief executive Dan Dinges, the company allegedly failed to properly line Pennsylvania well

Cabot Oil & Gas, the best performer last year in the Standard & Poor’s 500 Index, was cited by Pennsylvania officials in September for “improper” well construction after natural gas polluted drinking water, a report said.

Inspectors found defects in the liner intended to prevent oil or gas from leaking into groundwater at a Susquehanna County well, according to a 19 September notice of violation from the Pennsylvania Department of Environmental Protection, Bloomberg reported.

The violation was reported earlier today by the Scranton Times-Tribune.

Methane levels in a private water well 1,400 feet away from Cabot’s operations rose from 0.29 milligrams a liter to 57.6 milligrams a liter between November 2010 and August 2011, according to the notice.

Cabot, based in Houston, was cited for three violations and given 30…

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