Midstates Petroleum Company knows there's much more to Louisiana than Creoles, crawfish, and alligators. An independent oil and gas exploration and production company, Midstates operates on some 64,700 net acres in the central Louisiana portion of the Upper Gulf Coast Tertiary. The company's assets consist primarily of mature oilfields discovered in the 1940s and '50s that continue to show production potential when developed with modern techniques. The company routinely uses such techniques and technologies to produce oil, including hydraulic fracturing and 3D seismic data. In 2013 Midstates reported proved reserves of 127.8 million barrels of oil equivalent. If filed for bankruptcy protection in 2016.