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 395 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 company has a working interest in over 53 offshore producing fields in federal and state waters (which include 44 fields in federal waters and nine in state waters). The firm has under lease approximately 597,100 gross acres (440,000 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 435,600 gross acres on the conventional shelf, approximately 153,500 gross acres in the deepwater and 8,000 gross acres in Alabama onshore. The firm's wholly owned subsidiaries consists of 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: 395

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