Chris,
This is something I'm building from scratch for fun. It's a one off, not something I'm looking to produce in quantity. The idea is a relaxation oscillator (comparator with the probe as capacitor plus a few resistors, output to an optocoupler for level shifting to the PLC--very simple) that sends a signal (frequency) to the PLC that controls the brewery (Siemens S7-1214 capable of measuring frequencies up to 100 kHz). The entire idea is a revision of the Nuts and Volts magazine article, "Measure Water Level Without Getting Wet". The probe is entirely different, and so is the oscillator (not a 4060). I've already built the probe out of 0.5-inch diameter stainless covered in 0.125-inch PTFE. It produces a base capacitance of about 100 pF in air and around 280 pF when immersed in water to 24 inches (~80 pF per foot, 1 pF is significant). It actually works better than what I thought it would for being homemade!
I felt the electronics (oscillator) needed to be separated from the probe due to the temperture of the environment over the boil kettle. So I was looking into a cable. However, cables have capacitance and that capacitance, according to what I've read in articles and books on industrial control, changes with temperature. However, none of them ever stated if the change was large or small. Also, I don't know why coaxial cable was recommended, but I'm trying to learn.
Now I'm beginning to think it might be worth investigating two versions of the circuit: 1) temperature capable components that sit immediately on top of the probe (goes to 100 C), and 2) components that are separated by a cable--but not worrying about any capacitance changes in the cable.
I appreciate your thoughts and help on this!
Kevin