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Midstates Accelerates MidCont Drilling; Ups MissLime, Anadarko Production
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Midstates Petroleum Company Inc. has reported an update on drilling operations including initial test results from the second successful horizontal Wilcox well at South Bearhead Creek in Louisiana and additional information on its third quarter 2013 drilling program and current production rates.
Mississippi LimeThe Company said its current daily production has reached approximately 30,000 net barrels of oil equivalent (Boe) per day compared with 19,634 Boe per day that it averaged in the second quarter of 2013. Production from its Mississippian Lime/Hunton operations is currently at approximately 15,000 Boe per day, up 44% compared with 10,426 Boe per day in the second quarter. Production from its newly-acquired Anadarko Basin properties is currently at approximately 9,500 Boe per day…
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