Cabot Oil & Gas Corp. plans to move its north region headquarters next year from Pittsburgh, PA, to North Fayette, PA, farther from the city's downtown, which is home to other regional exploration and production companies, in favor of a larger space for its growing staff. Cabot first brought more staff to Pittsburgh in 2009. Since then, its office has grown from about 30 employees to nearly 90, according to a company spokesman. Cabot’s new location is about 16 miles from downtown Pittsburgh, but its new building is roughly 16,000 square-feet bigger. Cabot, which has its corporate headquarters in Houston, continues to increase production in Pennsylvania's Marcellus Shale, where it's the state's second-largest producer, with more than 1 Bcf/d in annual production (see Shale Daily, Aug. 19).
Samchully Asset Management Co. Ltd., the investment arm of Samchully Group of South Korea, has completed its acquisition of a 34% interest in Cardinal Gas Services LLC, a joint venture of Chesapeake Energy Corp., Total E&P USA and EV Energy Partners LP in eastern Ohio (see Shale Daily, Sept. 23).
Northern Electric, a subsidiary of The Northern Group, said it has expanded electrical, instrumentation and automation services into the midcontinent region of Oklahoma and Kansas. Northern’s President, Al Fisher, said the company has a multitude of electricians and instrument technicians in the Mississippi Lime area, and it hopes to grow its midcontinent well pad construction in conjunction with the oil boom currently under way in the region. Northern Electric is focused on upstream and midstream electrical construction across the United States’ unconventional shale plays. “As a national industrial oil, gas and petrochemical contractor, we’re providing electrical services to several operators in the Bakken, DJ Basin, Utica and others,” a spokesman said. The Northern Group has headquarters in Westminster, CO, and satellite offices in Parshall, ND, Houston, TX, Greeley, CO, and Inverness, FL.