The company has also provided additional information on its third quarter 2013 drilling program and current production rates.
Midstates said its current daily production has reached about 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 around 15,000 Boe per day, an increase of 44%, compared with 10,426 Boe per day in the second quarter.
Production from the company’s recently-acquired Anadarko Basin properties is currently at approximately 9,500 Boe per day, up 19% compared with around 8,000 Boe per day when it assumed control of the properties on 1 June 2013.
The company said production from its Louisiana operations is currently at approximately 5,500 Boe per day.
Midstates also confirmed its third quarter production guidance range of 27,000 to 28,000 Boe per day as well as its capital expenditure guidance of $170m to $180m.
Midstates chairman, president and CEO John Crum said, "We are obviously very pleased with the growth in production to 30,000 Boe per day that we have achieved from our ramped-up drilling efforts. We continue to benefit from increased drilling efficiencies which are helping us to get our wells drilled more quickly."
