EXHIBIT 15


                   AWARENESS LETTER OF INDEPENDENT ACCOUNTANTS



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

Re:  Cabot Oil & Gas Corporation
     Registration Statement on Form S-8


     We are aware that our report  dated April 25, 2000 on our review of interim
financial  information of Cabot Oil & Gas  Corporation  (the  "Company") for the
three-month  periods  ended  March 31, 2000 and 1999  included in the  Company's
quarterly  report on Form 10-Q for the  quarter  then ended is  incorporated  by
reference in this  Registration  Statement on Form S-8.  Pursuant to Rule 436(c)
under the Securities Act of 1933, this report should not be considered a part of
the  registration  statement  prepared or  certified by us within the meaning of
Sections 7 and 11 of the Act.

                                          PricewaterhouseCoopers LLP



Houston, Texas
May 23, 2000