Eclipse Resources Corp. (ECR) released its third-quarter 2015 financial and operational results on Nov. 11.

During the quarter, net production averaged 225.2 million cubic feet equivalent per day (MMcfe/d), about 5% above the previously issued guidance range for the quarter, and 163% higher than third-quarter 2014.

During the quarter, production was about 65% natural gas, 19% NGL and 16% oil. During that time nine gross (4.8 net) wells were drilled, 15 gross (7.2 net) were completed and 22 gross (6.4 net) were turned to sales. Full-year 2015 production guidance was raised by about 3% to 202MMcfe/d to 205MMcfe/d, and full-year capex was decreased by about 6% to $330 million.

The adjusted revenue grew to $71.3 million, a 98% increase from third-quarter 2014’s .

After derivatives, the realized price of natural gas was $3.20/Mcf, and the realized price of oil was $38.98/bbl.

NGL averaged $4.16/bbl. Natural gas hedges for 2016 were increased to 135 million British thermal units at an average weighted floor of $3.11.

The borrowing base under the revolving credit facility was reaffirmed at $125 million, undrawn. Liquidity is $325 million.

Eclipse Resources Corp. is based in State College, Pa.