Remember my saying Cabot had some wells in Reeves county just south of FM7078 and to the east of Hwy 17 in Jeff Davis county…that were
producing 55,000 barrels of brine water per day? Evidently in spite of unexpected production expenses, they are still making a profit because they’ve INCREASED their dividend to shareholders.
So, I would be watching for further developments in Jeff Davis, Reeves, Pecos,and Culberson counties from them.
, Reeves county, TX