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Focus on well efficiency keeps Marcellus Shale pumping despite low prices

If there are "monster wells" dwelling in the Marcellus Shale, count Cabot Oil & Gas Corp. among those trying to capture one. In December, the Marcellus specialist unveiled its largest operation yet: an attempt to drill 10 horizontal wells from a single surface point. The firm billed it as a tour de force of efficiency with techniques and technologies that showed the edge of industry's reach into shale rock.

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