W&T Offshore Company Description
Offshore exploration suits independent oil and natural gas acquisition, exploration, and production company W&T Offshore to a T. With a focus on the Gulf of Mexico, the company has proved reserves of 735.2 billion cu. ft. of natural gas equivalent. It holds some 2 million gross acres in the Gulf of Mexico. The company hopes to parlay its successful track record in the Gulf to generate capital for more expensive projects in deepwater (water depths in excess of 500 feet) and deep shelf (well depths in excess of 15,000 feet) areas of the Gulf of Mexico. W&T Offshore went public in 2005.
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The Company Description provides a historical perspective of W&T Offshore's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of W&T Offshore's evolution in the marketplace.
