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United States

Profile: W&T Offshore Inc (WTI)

WTI on New York Consolidated

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23 May 2017
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W&T Offshore, Inc., incorporated on April 27, 2004, is an independent oil and natural gas producer. The Company is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. As of December 31, 2016, the Company had interests in offshore leases covering approximately 750,000 gross acres (450,000 net acres) spanning across the Outer Continental Shelf (OCS) off the coasts of Louisiana, Texas, Mississippi and Alabama. On a gross acreage basis, the conventional shelf constitutes approximately 490,000 gross acres and deepwater constitutes approximately 260,000 gross acres of its offshore acreage. The Company sells its crude oil, natural gas liquids (NGLs) and natural gas to third-party customers. Its producing fields are located in federal and state waters in the Gulf of Mexico in water depths ranging from less than 10 feet up to 7,300 feet. Its fields include Ship Shoal 349 Field (Mahogany), Fairway Field, Viosca Knoll 783 Field (Viosca Knoll 783 (Tahoe) and Viosca Knoll 784 (SE Tahoe)), Mississippi Canyon 782 Field (Dantzler), Mississippi Canyon 698 Field (Big Bend), Mississippi Canyon 243 Field (Matterhorn), Ewing Bank 910, Brazos A-133 Field and Viosca Knoll 823 Field (Virgo).

Ship Shoal 349 field is located off the coast of Louisiana, approximately 235 miles southeast of New Orleans, Louisiana. The field area covers Ship Shoal blocks 349 and 359, with a single production platform on Ship Shoal block 349 in 375 feet of water. The Fairway Field consists of Mobile Bay Area blocks 113 (Alabama State Lease #0531) and 132 (Alabama State Lease #0532) and located in 25 feet of water, approximately 35 miles south of Mobile, Alabama. The Viosca Knoll 783 field is located off the coast of Louisiana, approximately 140 miles southeast of New Orleans, Louisiana in 1,500 to 1,700 feet of water. The field area covers Viosca Knoll blocks 783 and 784, with subsea tiebacks to two platforms in Main Pass 252. Mississippi Canyon 782 field is located off the coast of Louisiana, approximately 160 miles southeast of New Orleans, Louisiana in 6,600 feet of water. The field area covers Mississippi Canyon block 782 and 738. Mississippi Canyon 698 is approximately 160 miles southeast of New Orleans, Louisiana in 7,221 feet of water. The field area covers portions of Mississippi Canyon blocks 697, 698, and 742.

Main Pass 108 field consists of Main Pass blocks 107, 108 and 109. This field is located off the coast of Louisiana approximately 50 miles east of Venice, Louisiana in 50 feet of water. Mississippi Canyon 243 field is located off the coast of Louisiana, approximately 100 miles southeast of New Orleans, Louisiana in 2,552 feet of water. The field area covers Mississippi Canyon block 243, with a single floating, tension leg production platform. Ewing Bank 910 is located approximately 68 miles off the Louisiana coast in 560 feet of water. The field area covers Ewing Bank blocks 910 and 954, and South Timbalier block 320 and 311. Brazos A-133 field is located 85 miles east of Corpus Christi, Texas in 200 feet of water. Viosca Knoll 823 field is located off the coast of Louisiana, approximately 125 miles southeast of New Orleans, Louisiana in 1,014 feet of water. The field area covers Viosca Knoll block 823 and Viosca Knoll block 822, with a single fixed leg production platform on Viosca Knoll block 823.

Company Address

W&T Offshore Inc

9 Greenway Plz Ste 300
HOUSTON   TX   77046-0908
P: +1713.6268525
F: +1713.6268527

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