XML 34 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9
Long-Term Debt (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Aug. 30, 2013
Mar. 24, 2015
Oct. 01, 2012
May 31, 2013
Long-Term Debt              
Total long-term debt $ 1,735,150,000us-gaap_LongTermDebtNoncurrent   $ 1,735,150,000us-gaap_LongTermDebtNoncurrent        
Leverage ratio 3.7mpo_DebtInstrumentCovenantDebtToEarningsBeforeIncomeTaxDepreciationAmortizationRatio            
Actual current ratio 1.0mpo_CurrentRatio            
Amount of current assets exceeded its current liabilities 1,500,000mpo_AmountOfWorkingCapital            
Midstates Sub              
Long-Term Debt              
Ownership interest (as a percent)       100.00%us-gaap_EquityMethodInvestmentOwnershipPercentage
/ dei_LegalEntityAxis
= mpo_MidstatesPetroleumCompanyLLCMember
     
Credit Facility Amendment - September 26, 2013 | Fiscal quarter ending March 31, 2016 and each fiscal quarter thereafter              
Long-Term Debt              
Leverage ratio 4.0mpo_DebtInstrumentCovenantDebtToEarningsBeforeIncomeTaxDepreciationAmortizationRatio
/ mpo_AmendmentAxis
= mpo_CreditFacilityAmendmentSeptember2013Member
/ mpo_CreditAgreementCovenantByPeriodAxis
= mpo_CreditAgreementCovenantMarch312016AndThereafterMember
           
Maximum | Credit Facility Amendment - September 26, 2013 | Fiscal quarter ending December 31, 2015              
Long-Term Debt              
Leverage ratio 4.5mpo_DebtInstrumentCovenantDebtToEarningsBeforeIncomeTaxDepreciationAmortizationRatio
/ mpo_AmendmentAxis
= mpo_CreditFacilityAmendmentSeptember2013Member
/ mpo_CreditAgreementCovenantByPeriodAxis
= mpo_CreditAgreementCovenantDecember312015Member
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Senior Revolving Credit Facility, due 2018              
Long-Term Debt              
Long-term debt 435,150,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
  435,150,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
       
Maximum borrowing capacity 750,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Borrowing base         525,000,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
   
Outstanding letters of credit amount 1,400,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Interest rate, description LIBOR            
Weighted-average interest rate (as a percent) 3.00%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
2.70%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
         
Commitment fee, option one (as a percent) 0.375%mpo_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageOptionOne
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Commitment fee, option two (as a percent) 0.50%mpo_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageOptionTwo
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Period during which Company may request additional redetermination of borrowing base 6 months            
Number of equal successive monthly payments to make repayment on reduction of borrowing base 6mpo_DebtInstrumentReductionInBorrowingBasePermissibleEqualSuccessiveMonthlyPaymentsNumber
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Period for commencement of repayment of equal successive monthly payments following the administrative agent's notice regarding borrowing base reduction 30 days            
Actual current ratio 1.0mpo_CurrentRatio
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Actual Debt to EBITDA 3.7mpo_DebtToEarningsBeforeIncomeTaxDepreciationAmortizationRatio
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Amount of current assets exceeded its current liabilities 1,500,000mpo_AmountOfWorkingCapital
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
           
Senior Revolving Credit Facility, due 2018 | Minimum              
Long-Term Debt              
Interest rate added to base rate (as a percent) 2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Percentage of outstanding loans and other obligations held by lenders, on whose behalf the administrative agent may request for redetermination of borrowing base 67.00%mpo_DebtInstrumentAdditionalBorrowingBaseRedeterminationRequestPortionOfOutstandingLoansAndOtherObligationsToBeHeldByLenders
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Current ratio 1.0mpo_DebtInstrumentCovenantCurrentRatio
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Senior Revolving Credit Facility, due 2018 | Maximum              
Long-Term Debt              
Interest rate added to base rate (as a percent) 3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Additional borrowing base redeterminations at company request per 6 month period following each scheduled borrowing base redetermination 1mpo_DebtInstrumentAdditionalBorrowingBaseRedeterminationNumber
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorRevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
2020 Senior Notes              
Long-Term Debt              
Long-term debt 600,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured10.75PercentDue2020Member
  600,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured10.75PercentDue2020Member
       
Interest rate (as a percent)           10.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured10.75PercentDue2020Member
 
Estimated fair value of the Notes 302,300,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured10.75PercentDue2020Member
           
Aggregate principal amount borrowed           600,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured10.75PercentDue2020Member
 
Effective annual interest rate (as a percent) 11.10%us-gaap_DebtInstrumentInterestRateDuringPeriod
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured10.75PercentDue2020Member
11.10%us-gaap_DebtInstrumentInterestRateDuringPeriod
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured10.75PercentDue2020Member
         
2021 Senior Notes              
Long-Term Debt              
Long-term debt 700,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured9.25PercentDue2021Member
  700,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured9.25PercentDue2021Member
       
Interest rate (as a percent)             9.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured9.25PercentDue2021Member
Estimated fair value of the Notes 339,500,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured9.25PercentDue2021Member
           
Aggregate principal amount borrowed             $ 700,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured9.25PercentDue2021Member
Effective annual interest rate (as a percent) 9.60%us-gaap_DebtInstrumentInterestRateDuringPeriod
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured9.25PercentDue2021Member
9.60%us-gaap_DebtInstrumentInterestRateDuringPeriod
/ us-gaap_DebtInstrumentAxis
= mpo_SeniorNotesUnsecured9.25PercentDue2021Member