Exploration & Production | Operational Updates | Capital Markets | Private Equity Activity
Midstates Petroleum Provides Mississippi Lime Update
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Midstates Petroleum Company, Inc. today provided an update on drilling operations and additional information on fourth quarter 2012 and first quarter 2013 production.
ProductionThe Company said its fourth quarter 2012 production averaged 15,592 net barrels of oil equivalent per day (Boe/d) compared with guidance of 15,100 to 15,600 Boe/d. Production from Oklahoma operations totaled 7,207 Boe/d while production from Louisiana operations totaled 8,385 Boe/d. Midstates also stated that its production for the month of December averaged 16,643 net Boe/d, of which 8,174 Boe/d were from operations in Oklahoma while 8,469 Boe/d were from operations in Louisiana.
Mississippi LimeDuring the fourth quarter, Midstates had four rigs active in its Mississippian Lime horizontal program in Oklahoma…
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