Cabot has now paid over a billion and a half dollars in royalties and leases to landowners in just two counties! Imagine the impact on those counties.;
This ten-year look-back included the announcement that to date, more than $1 billion has been paid in royalties to landowners in Susquehanna and Wyoming Counties and nearly $500,000,000 has been paid out in signing bonuses since Cabot commenced operations in 2006.
And that doesn't include payroll to employees, taxes, impact fees, or purchases such as hotels, restaurants, fuel, clothing, hydraulics, trucking, and more. Or subcontractors like excavations, electrical, concrete work, engineering, legal, and much more.
And that is just one company in only two counties.
This ten-year look-back included the announcement that to date, more than $1 billion has been paid in royalties to landowners in Susquehanna and Wyoming Counties and nearly $500,000,000 has been paid out in signing bonuses since Cabot commenced operations in 2006.
And that doesn't include payroll to employees, taxes, impact fees, or purchases such as hotels, restaurants, fuel, clothing, hydraulics, trucking, and more. Or subcontractors like excavations, electrical, concrete work, engineering, legal, and much more.
And that is just one company in only two counties.
