About W&T Offshore, Inc.
- Industry
- Oil and Gas
- Company size
- 201-500 employees
- Headquarters
- Houston, Texas
- Founded
- 1983
- Company type
- Public Company
- Company profile name
- W&T Offshore Inc. (NYSE: WTI)
We are an independent oil and natural gas acquisition, exploitation and exploration company. We are focused primarily in the Gulf of America area, where we have developed significant technical expertise and where the high production rates associated with hydrocarbon deposits have historically provided us the best opportunity to achieve a rapid payback on our invested capital. We own working interests in approximately 77 fields in federal and state waters, and have interests in leases covering approximately 0.9 million acres. Our proved reserves at December 31, 2009 were 371 Bcfe, with a pre-tax PV-10 of $890.0 million (including plug and abandonment cost). Of those, 76% were proved developed reserves and 45% were natural gas reserves. We are headquartered in Houston, Texas and trade on the NYSE under the symbol "WTI".
For more information, please visit our website at www.wtoffshore.com
Specialties
- independent oil and natural gas acquisition and exploitation and exploration company
Company locations
5718 Westheimer Road, Suite 700, Houston, Texas 77057, US
Locations listed on the company profile. These may include offices outside the United States, and not every location is hiring.
Business areas
- Natural Resources
- Oil and Gas
- Energy
- Energy & Utilities
- Energy, mining, utilities
On LinkedIn
- Followers
- 24,718
- People linked to this company
- 310
People who list this company on LinkedIn, not a verified employee count. Figures reflect the saved company profile.
Funding raised
350,000,000 USD
Total reported by Crunchbase, in US dollars. This is funding raised, not company revenue or valuation.
Explore the company
Employer category
Other employer
Estimated from the company profile. This category has not been confirmed by the employer.