We are an independent oil and natural gas acquisition, exploitation and exploration company. We are focused primarily in the Gulf of Mexico 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
View Top Employees from W&T OffshoreWebsite | http://www.wtoffshore.com |
Ticker | WTI |
Revenue | $534 million |
Funding | $245.4 million |
Employees | 1,863 (1,863 on RocketReach) |
Founded | 1983 |
Address | 5718 Westheimer Road Suite 700, Houston, Texas 77030, US |
Phone | (713) 626-8525 |
Fax | (713) 626-8527 |
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Industry | Oil and Gas, Oil & Gas Exploration & Services, Energy, Independent Oil And Natural Gas Acquisition, Energy, Utilities & Waste Treatment, Natural Resources, Exploitation And Exploration Company, Sustainability |
Web Rank | 5 Million |
Keywords | Oil Plants In Louisiana, Offshore Exploration Company, W&T Offshore, W&T Offshore 10k 1995, W&Toffshore.Com |
Competitors | Denbury Onshore Llc, EXCO Resources, Inc., Murphy Oil Corporation, Niko Resources Ltd, XTO Energy |
SIC | SIC Code 138 Companies, SIC Code 13 Companies |
NAICS | NAICS Code 2131 Companies, NAICS Code 21311 Companies, NAICS Code 21 Companies, NAICS Code 213111 Companies, NAICS Code 22 Companies, NAICS Code 213 Companies |
Looking for a particular W&T Offshore employee's phone or email?
The W&T Offshore annual revenue was $534 million in 2024.
Sameer Parasnis is the CFO of W&T Offshore.
1,863 people are employed at W&T Offshore.
W&T Offshore is based in Houston, Texas.
The NAICS codes for W&T Offshore are [2131, 21311, 21, 213111, 22, 213].
The SIC codes for W&T Offshore are [138, 13].