Midcontinent Gains Outweigh Gulf Coast Decline for Midstates

摘要

Midstates Petroleum reported strong year - on - year production growth as output from its recent acreage acquisitions in the Midcontinent region offset declines from its onshore Gulf Coast assets. The Houston - based minnow posted overall production of just under 20,000 barrels of oil equivalent per day (45% oil, 17% NGLs, 38% natural gas) during the second quarter of 2013, up from less than 8,000 boe/d during the same period a year ago.