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Eclipse Flows 13 Utica Wells to Sales; Exceeds Guidance
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Eclipse Resources Corporation reported third quarter 2014 production averaged 85.8 MMcfe per day which exceeded the high-end of the Company’s previously issued guidance for the quarter and represents an approximate 104% increase from Eclipse Resources’ second quarter 2014 production.
The production mix during the third quarter 2014 was approximately 78% natural gas, 9% natural gas liquids and 13% oil. The percentage of the Company’s production that was comprised of liquids (natural gas liquids and oil) also exceeded the Company’s guidance for the quarter. Production for the quarter was approximately 65% operated.
During the quarter, the Eclipse Resources turned 13 gross operated Utica Shale wells to sales. In addition to the previously announced 2 well Shroyer Unit and 5 well Mizer…
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