W&T OFFSHORE INC (WTI)

Company Profile

W&T Offshore, Inc. engages in the production, exploration, development, and acquisition of oil and natural gas properties. The company is headquartered in Houston, Texas and currently employs 365 full-time employees. The company went IPO on 2005-01-28. The firm is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. The firm has an interest in over 47 offshore producing fields in federal and state waters (45 fields producing and two fields capable of producing, which include 39 fields in federal waters and eight in state waters). The firm has under lease approximately 625,000 gross acres spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 8,000 gross acres in Alabama State waters, 458,000 gross acres on the conventional shelf and approximately 159,000 gross acres in the deep water. The Company’s wholly owned subsidiaries include Aquasition Energy, LLC, Aquasition, LLC, Aquasition II, LLC, Aquasition III, LLC, Aquasition IV, LLC, Aquasition V, LLC, Green Hell, LLC, Seaquester, LLC, Seaquestration, LLC and W & T Energy VI, LLC.

Company Info

W&T OFFSHORE INC

5718 Westheimer Road, Suite 700

Houston TEXAS 77046

P: 17136268525

CEO: Tracy W. Krohn

Employees: 365

Website: https://www.wtoffshore.com/