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Eclipse's Latest Utica Results 'In-Line' with Type Curve
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Eclipse Resources provided an operational update on its recent production and drilling activities.
Since the end of the third quarter 2014 through November 30th, the Company brought 6 new operated wells online in the Condensate type curve area of its Utica Shale acreage using the Company’s restricted choke methodology. Initial results from the wells have been very encouraging and appear to be in-line with the Company’s type curve expectations. Eclipse Resources’ initial estimate of production for the month of November 2014, was approximately 130 MMcfe per day, representing a 52% increase over its average daily production in the third quarter of 2014. The Company also provided an initial estimate of its current production of approximately 148 MMcfe per day, representing a 72% increase from…
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