(RTTNews) - Cabot Oil & Gas Corp. (COG: News ) said the company and the Department of Environmental Protection executed a consent order and agreement that would provide a long-term solution for migrating gas that has affected 13 water supplies in Dimock Township, Susquehanna County. The consent order and agreement outlines a process that will give DEP more oversight of Cabot's new well construction work in the affected area. Prior to drilling and hydraulic fracturing, or hydro fracking, the company would submit well casing and cementing plans to DEP. Once DEP provides written approval, Cabot may proceed.

If Cabot fails to fix the defective casing and cementing by the March deadline, the company must plug defective wells or implement another alternative as approved by DEP. In addition, Cabot paid a $120,000 civil penalty for violations of the Oil and Gas Act, the Solid Waste Management Act and the Clean Streams Law.

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by RTT Staff Writer

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