Operator · Gulf Of Mexico (GOM)
W&T Offshore Inc.
68 articles mentioning W&T Offshore Inc. · Page 3 of 4
W&T Keeps Production Flat; Touts Two-Zone GOM Exploration Well in 1Q
W&T Offshore, Inc. reported its first quarter 2016 operations and financial results, as well as its 2016 second quarter and full year production and expense guidance.
Borrowing Base / Credit Redeterminations: Winners & Losers
As redetermination season arrives, Shale Experts is tracking the latest changes to borrowing bases and credit facilities, including who is getting a boost, who is remaining steady and which companies are seeing cuts.
GOM Operator Credit Line Cut 60%; Heading for Bankruptcy
The company saw its revolver cut some 60%, while at the same time is required to post bond from BOEM of $270 million for....
W&T Offshore IDs Minimal 2016 Budget; Updates Ewing Bank Ops
W&T Offshore, Inc. reported its fourth quarter 2015 operations and financial results, as well as its 2016 full year production and expense guidance.
W&T Offshore Draw Down Entire Credit Facility; $340MM; New Legal Advisor
The company has retained Kirkland & Ellis LLP as its legal advisor. Several companies who have recently tapped out their credit lines have listed Kirkland & Ellis as their advisor.
W&T Offshore Strikes New Deepwater GOM Discovery
W&T Offshore, Inc. has reported a significant discovery at the Ewing Banks 954 A-8 exploratory well located in the deepwater Gulf of Mexico.
W&T Touts Production Start at Noble-Operated Big Bend
W&T Offshore, Inc. announced that "Big Bend" in Mississippi Canyon 698 was successfully brought on production and will be ramping up to full rates over the next few weeks.
W&T Offshore Closes Permian Basin Asset Sale
W&T Offshore, Inc. announced that it has closed the previously announced sale of all of its interest in its Yellow Rose field in the Permian Basin of West Texas to Ajax Resources, LLC. Gross pre-tax proceeds...
W&T Offshore Ceases New Production at Yellow Rose
No additional wells were completed or brought on production in our Yellow Rose field.
W&T Offshore Talks Ewing GOM Discovery
W&T Offshore, Inc. announced a new discovery at Ewing Banks 910 and first production from the SS #6 well at Mississippi Canyon 538 field ("Medusa"), both in the deepwater of the Gulf of Mexico. The Company...
W&T Offshore Amends Revolving Credit Facility
As a result of the April 2015 semi-annual redetermination, the borrowing base under the bank credit facility was set at $600 million.
W&T Offshore Suspends Drilling Program
W&T provided the following guildance on its 2015 planned activities. The company reduced it capital budget from $600 million in 2014 to $200 million in 2015. The company's budget is focused on the GOM deepwater project,...
W&T Details Latest in GoM, Permian Ops; 2015 Capital Budget
The Company's capital expenditure budget for 2015 is currently set at $200 million.
W&T Offshore Makes Three Gulf of Mexico Discoveries
For the third quarter of 2014, total production volume was 4,295,000 Boe, an increase of 88,000 Boe, over the third quarter of 2013.
W&T Offshore Expands Horizontal Drilling in Wolfcamp B
Recently made the decision to expand our horizontal drilling program with additional wells in 2014.
Value Continues to Grow for W&T Offshore in the Permian
ln the Permian Basin, the value of W&T's Yellow Rose field continues to grow as W&T demonstrates the productivity of the numerous reservoirs that underlie the company's acreage.
W&T Offshore IPs Midland Wolfcamp B Well; Plans Follow Up
Given the recent successes in the nearby acreage, we expect to test additional horizontal benches this year with the Spraberry and Wolfcamp D as the most likely targets at this time.
W&T Offshore Detail 2014 Plans for Midland Wolfcamp and GOM
Our first Wolfcamp B horizontal well was completed in early December 2013 with an effective ..
W&T Shows Strong Permian & GOM Well Results
Significant contributors to this liquids expansion are our Mahogany field offshore, the Yellow Rose field in the Permian Basin and properties we acquired from Newfield Exploration in October 2012.
W&T Offshore Completes 9 Onshore Wells in Permian
W&T Offshore completed 9 onshore wells in the Permian Basin and provided an update on the Yellow Rose Project.