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Eclipse Debuts New Slickwater Design in Q3; More Proppant, Tighter Spacing
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Eclipse Resources announced its third quarter 2016 financial and operational results.
Highlights: Average net daily production was 221.6 MMcfe per day Completed 12 wells utilizing Eclipse's "Generation 3" completion design which incorporates increased proppant loading, tighter spacing and 100% slickwater. The Company turned 11 gross (9.6 net) wells to sales during the third quarter of 2016 and was very encouraged with the initial results of the wells as compared to the Company's previous completion designs. The Company's first "Super-Lateral" well continued to outperform the Company's "type well" expectations, producing a cumulative amount of 2.4 Bcfe (38% gas, 38% condensate and 24% natural gas liquids) during the first 185 days of production while exhibiting significantly shallower…- ✓ Full news archive — U.S., Canada & international coverage
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