Power of Attorney

        WHEREAS, the undersigned is a director or officer or both of Cabot Oil & Gas 
Corporation, a Delaware corporation (the "Company"), and therefore may be subject to 
the reporting requirements of Section 16(a) of the Securities and Exchange Act of 1934, 
as amended (the "Act"), and the rules and regulations of Securities and Exchange 
Commission (the "Commission") promulgated thereunder and accordingly obligated to 
file with the Commission statements on Form 3, Form 4 and Form 5;
        NOW, THEREFORE, the undersigned does hereby appoint Lisa A. Machesney, 
Vice President, Managing Counsel and Corporate Secretary, his true and lawful 
attorney-in-fact and agent with power to act for him and in his name, place and stead, 
in any and all capacities, to sign statements on Form 3, Form 4 and Form 5, in 
accordance with Section 16(a) of the Act and the rules and regulations of the 
Commission promulgated thereunder, and all instruments necessary or incidental in 
connection therewith and to file the same with the Commission and with any national 
stock exchange, and to take any and all other actions in connection with the foregoing 
which such attorney-in-fact shall consider necessary or appropriate.  Such attorney-in-
fact and agent shall have full power and authority to do and perform in the name and 
on behalf of the undersigned, in any and all capacities, every act whatsoever necessary 
or desirable to be done in the premises, as fully and to all intents and purposes as the 
undersigned might or could do in person, the undersigned hereby ratifying and 
approving the acts of such attorney-in-fact and agent.  This power of attorney shall 
remain in effect until the undersigned ceases to be a director or officer or both of the 
Company.  The undersigned acknowledges that the foregoing attorney-in-fact and 
agent, in serving in such capacities at the request of the undersigned, is not assuming 
any of the undersigned's responsibilities under Section 16 of the Act.
        IN WITNESS WHEREOF, the undersigned has executed this instrument as of 
the 1st day of June, 2011.

/s/ W. Matt Ralls
                                                W. Matt Ralls

POA-Ralls.doc
 
        ACKNOWLEDGEMENT
STATE OF TEXAS                
COUNTY OF HARRIS        
        Before me, L.A. Pickering, Notary Public, on this day personally appeared W. 
Matt Ralls, known to me to be the person whose name is subscribed to the foregoing 
instrument, and acknowledged to me that he executed the same for the purposes and 
consideration therein expressed.
        Given under my hand and official seal this 1st day of June, 2011.
(SEAL)
                                __/s/ L.A. Pickering____________________
                                Notary Public in and for
                                Harris County, Texas
My Commission Expires:
11/08/2011