Operator · Gulf Of Mexico (GOM)
W&T Offshore Inc.
68 articles mentioning W&T Offshore Inc. · Page 1 of 4
W&T Offshore Fourth Quarter, Full Year 2022 Results; 2023 Guidance
W&T Offshore, Inc. reported operational and financial results for the fourth quarter and full year 2022, including the Company's year-end 2022 reserve report. Guidance for 2023 was also provided. 2023 Capital Investment Program W&T's capital expenditure...
W&T Offshore Second Quarter 2022 Results
W&T Offshore, Inc. reported operational and financial results for the second quarter 2022. Highlights: Increased production by 12% quarter-over-quarter to 42.4 thousand barrels of oil equivalent per day ("MBoe/d") (48% liquids), or 3.9 million barrels of...
W&T Offshore Hires New General Counsel
W&T Offshore Inc. announced the appointment of Jonathan Curth to Executive Vice President, General Counsel and Corporate Secretary, effective June 14, 2022. Mr. Curth has extensive legal experience working with public exploration and production companies. About...
W&T Offshore Chief Technical Officer to Retire
W&T Offshore, Inc. announced that Stephen L. Schroeder, Senior Vice President and Chief Technical Officer, is retiring effective June 1, 2022. Mr. Schroeder joined W&T in 1998 as a Staff Reservoir Engineer and has since served...
W&T Offshore Promotes New VP / Chief Accounting Officer
W&T Offshore, Inc. announced the promotion of Bart P. "Trey" Hartman, III to Vice President and Chief Accounting Officer. About Hartman Trey Hartman joined W&T Offshore as Controller in April 2021 and was appointed Vice President...
W&T Offshore VP/General Counsel Departs Company
W&T Offshore, Inc. announced that Shahid A. Ghauri, W&T's Vice President, General Counsel and Corporate Secretary is leaving the Company to pursue other personal interests. Nadege Assale, who has served as Assistant General Counsel for the...
W&T Offshore Promotes Williford to COO Role
W&T Offshore, Inc. announced the promotion of William J. Williford to Executive Vice President and Chief Operating Officer. About Williford: William J. Williford joined W&T in June 2006 and most recently served as Executive Vice President...
W&T Offshore Finalizes Acquisition of GOM Properties
W&T Offshore, Inc. has closed its previously announced acquisition of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico from privately-held ANKOR E&P Holdings Corporation and KOA...
W&T Offshore Second Quarter 2021 Results
W&T Offshore, Inc. reported operational and financial results for the second quarter 2021. Key highlights included: Produced 40,888 barrels of oil equivalent per day ("Boe/d"), or 3.7 million Boe (45% liquids), in the second quarter of...
W&T Offshore First Quarter 2021 Results
W&T Offshore, Inc. reported operational and financial results for the first quarter 2021. Key highlights included: Produced 39,657 barrels of oil equivalent per day ("Boe/d"), or 3.6 million Boe (50% liquids), in the first quarter of...
W&T Offshore Ramps Up Capex Over 150% for 2021; Talks Q4 Results
W&T Offshore, Inc. reported results for the fourth quarter and full year 2020 including the Company's year-end 2020 reserves report and 2021 guidance. 2021 Plan Capex: $30-60 million - up 156% at the midpoint vs. 2020...
W&T Offshore High Bidder on GOM Lease; Updates Credit Facility, Hedges
W&T Offshore, Inc. has provided an update regarding several matters including the consolidation of its two Alabama natural gas treatment facilities, the awarding of two blocks from the November 2020 federal Gulf of Mexico lease sale,...
W&T Offshore Ups Production Outlook for 4Q20
W&T Offshore Inc. has increased its production outlook for Q4 2020 by 8%. W&T now expects its fourth quarter production to average between 34,700 and 36,900 BOEPD (34% oil / 11% NGLs / 55% natural gas)....
W&T Offshore Submits Winning Bid on Two Shallow GOM Blocks
W&T Offshore, Inc. has been named the high bidder on two blocks in the Gulf of Mexico Lease Sale 256 held by the Bureau of Ocean Energy Management (BOEM) on November 18, 2020. W&T submitted the...
W&T Offshore Third Quarter 2020 Results
W&T Offshore, Inc. reported operational and financial results for the third quarter 2020. Key highlights included: Produced 34,459 barrels of oil equivalent per day ("Boe/d"), or 3.2 million Boe (48% liquids), in the third quarter of...
W&T Offshore First Quarter 2020 Results
W&T Offshore, Inc. reported operational and financial results for the first quarter 2020. Key highlights included: Produced 53,553 barrels of oil equivalent per day ("Boe/d"), or 4.9 million Boe (48% liquids), in the first quarter of...
W&T Offshore Lowers 2020 Spending 73%; No Change to Production Guidance
W&T Offshore, Inc. has reduced its capital expenditure budget for 2020 and that it has added natural gas costless collars to its hedging portfolio. W&T has reduced its 2020 budget by 73% to $15 million to...
W&T Offshore Reports Fourth Quarter 2019 Results; 2020 Outlook
W&T Offshore, Inc. reported operational and financial results for the fourth quarter and full year 2019 including the Company's year-end 2019 reserves report and 2020 production and expense guidance. W&T also announced it will be acquiring...
W&T Offshore Adds to Hedges
W&T Offshore, Inc. has recently added new West Texas Intermediate crude oil hedge positions for the period from June 2020 through December 2020. These additional positions include: Time Period Instrument Volume Average Price Barrels per day...
W&T Offshore's Borrowing Base Reaffimed at $250MM
W&T Offshore Inc.'s borrowing base has been reaffirmed at $250 million. As of September 30, 2019, the Company had $41.7 million in cash and cash equivalents and $137.8 million of availability under the revolving bank credit...