W&T Offshore is an independent oil and natural gas producer operating in the Gulf of Mexico since 1983.
Fiscal Year Ended Dec 31, 2020
Produced 38,261 barrels of oil equivalent per day (“Boe/d”), or 3.5 million Boe (47% liquids), in the fourth quarter of 2020, reflecting a 11% increase from the third quarter of 2020
Generated Adjusted EBITDA of $35.3 million for the fourth quarter of 2020
Reported net income for full year 2020 of $37.8 million or $0.26 per share, and a net loss of $8.9 million or $0.06 per share in the fourth quarter of 2020
For Fiscal Year Ending Dec 31, 2020
2021 Proxy Statement
For complete information regarding our financials, see our periodic filings
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W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of Mexico and has grown through acquisitions, exploration and development. The Company currently has working interests in 43 producing fields in federal and state waters and has under lease approximately 737,000 gross acres in the Gulf of Mexico, including approximately 527,000 gross acres on the conventional shelf and approximately 210,000 gross acres in the deepwater. A majority of the Company’s daily production is derived from wells it operates.
Producing fields in federal and state waters
Gross acres in the deepwater
Gross acres on the Gulf of Mexico Shelf
As of December 31, 2020 • 10-K 2020
Year-over-year net sales comparison by product category.
As of Dec. 31, 2020 • 10-K 2020
W&T Offshore, Inc.
5718 Westheimer Road
Houston, TX 77057
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2 North LaSalle Street
Chicago, IL 60690