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Eclipse's Dry Gas Wells Up Production; Longest Lateral Drilled to Date
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Eclipse Resources Corporation announced its second quarter 2015 operational update and earnings release information.
Highlights: Production for the second quarter averaged approximately 198.6 MMcfe per day, which was approximately 10% above the high end of its previously issued guidance range for the quarter and represented a 374% increase relative to the second quarter 2014 and a 24% sequential increase over the first quarter 2015. For the second quarter of 2015, the Company's production mix was approximately 57% natural gas, 23% natural gas liquids and 20% oil. Turned 6.3 net wells to sales, including the three-well Sawyers pad in the Dry Gas type curve area drilled with inter-lateral spacing of approximately 715 feet. Drilled a dry gas Utica well in eastern Monroe Country, Ohio with a…- ✓ Full news archive — U.S., Canada & international coverage
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