EXHIBIT 15.1



Securities and Exchange Commission
450 Fifth Street, NW
Washington, D.C. 20549


Commissioners:

We are aware that our report dated October 30, 2001 on our review of the interim
condensed consolidated financial information of Cabot Oil & Gas Corporation (the
"Company") as of and for the three and nine month periods ended September 30,
2001 and included in the Company's quarterly report on Form 10-Q for the quarter
then ended is incorporated by reference in its Registration Statements on Form
S-8 filed with the Securities and Exchange Commission on June 23, 1990, November
1, 1993, May 20, 1994 and May 23, 2000 and Form S-3 filed with the Securities
and Exchange Commission on July 27, 1999.


PricewaterhouseCoopers LLP

Houston, Texas
October 31, 2001