Is Eclipse’s Move to Curtail Prod. a Preview of Things to Come?

Last week Eclipse Resources, a smaller but important Marcellus/Utica driller with its headquarters in State College, PA, announced it would drill a single well in 2016 and was embarking on a program of choking back production–until prices go back up (see Eclipse Resources Drilling 1 Well in 2016, Restricting Production). That move caught the attention of analysts at investment firm Tudor Pickering Holt & Co. They issued a note saying Eclipse’s move may well be a preview of things to come in the Marcellus/Utica…

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