Eclipse

Eclipse Finalizes Joint Venture, Lands $285M for Ohio Utica Drilling

Eclipse Resources Corp. said late Wednesday that it has finalized a joint venture (JV) with an affiliate of GSO Capital Partners LP to help fund Utica Shale drilling in Ohio’s Guernsey and Monroe counties.

December 28, 2017
Eclipse Agrees to $325M Utica JV for Financial Flexibility

Eclipse Agrees to $325M Utica JV for Financial Flexibility

Ohio pure-play Eclipse Resources Corp. is entering a $325 million Utica Shale drilling joint venture (JV) with an affiliate of GSO Capital Partners that management said may provide more financial flexibility as commodity prices fluctuate.

August 4, 2017

Eclipse Finishes Drilling Third Utica Super Lateral, Sets New Record

Ohio pure-play Eclipse Resources Corp. said it has finished drilling its third super lateral well, the Outlaw C 11H, in the Utica Shale condensate window, setting another company record by reaching 19,500 feet in 17 days.

June 19, 2017
Eclipse Resources CEO Talks Super Laterals, Recovery

Eclipse Resources CEO Talks Super Laterals, Recovery

As it weathered the commodities downturn and grappled with the problems it created, Ohio pure-play Eclipse Resources Corp. again went back to the drawing board to determine how it could better increase estimated ultimate recoveries, efficiency and above all, returns, CEO Benjamin Hulburt told an industry crowd this week in Pittsburgh.

May 25, 2017

Great Scott! Eclipse Beats Its Record, Drills 19,300-Foot Lateral in Ohio

Eclipse Resources Corp. has again drilled what management believes is the world’s longest onshore lateral, reporting that the Great Scott 3H well in Ohio’s Utica Shale condensate window has a total measured depth (TMD) of 27,400 feet and a lateral of 19,300 feet.

May 5, 2017

Eclipse Resources Wins More NatGas Resources in Wayne National Forest Auction

Eclipse Resources Corp. again added acreage in Ohio’s Monroe County last week after bidding successfully during the U.S. Bureau of Land Management’s latest auction for leases in the Wayne National Forest (WNF).

March 29, 2017
Eclipse Refracks ‘Vintage’ Utica Well, Plans Marcellus Wells in ’17

Eclipse Refracks ‘Vintage’ Utica Well, Plans Marcellus Wells in ’17

As it continues pushing its lateral lengths this year, Ohio pure-play Eclipse Resources Corp. intends to drill two Marcellus Shale wells in eastern Monroe County and gather more data from a refractured (refracked) Utica Shale well that could open new horizons for the company this year.

March 1, 2017

Eclipse Planning More Utica Super Laterals This Year

Ohio pure-play Eclipse Resources Corp. plans to significantly increase its capital spend this year, guiding for a $300 million budget that builds on the lessons it learned last year and includes 11 super laterals — wells with extensions of 15,000 feet or longer.

February 8, 2017
Eclipse Focused on Expanding Asset Base, Growth in 2017

Eclipse Focused on Expanding Asset Base, Growth in 2017

Eclipse Resources Corp. said Tuesday it plans to expand its asset base this year and build on records the company set in 2016, announcing executive management changes geared toward driving growth.

January 3, 2017

Eclipse Switches to Next Generation Completions, Building on First ‘Super Lateral’

Ohio pure-play Eclipse Resources Corp. plowed ahead with its next generation completion design during the third quarter, using what it learned from the Purple Hayes 1H “super lateral” well in the Utica Shale condensate window to drive improving results.

November 4, 2016