W&T Offshore, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

OTHER SUPPLEMENTAL INFORMATION (Tables)

OTHER SUPPLEMENTAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

Schedule of Deferred Costs, Capitalized

Prepaid expenses and other current assets consisted of the following (in thousands):


		March 31,			December 31,
		2024			2023
Derivatives		$	2,801		$	1,180
Insurance/bond premiums			7,474			6,631
Prepaid deposits related to royalties			8,562			7,872
Prepayments to vendors			1,404			1,492
Other			1,101			272
Prepaid expenses and other current assets		$	21,342		$	17,447

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):


		March 31,			December 31,
		2024			2023
Accrued interest		$	5,405		$	13,479
Accrued salaries/payroll taxes/benefits			2,384			9,473
Operating lease liabilities			1,473			1,455
Derivatives			5,046			6,267
Other			1,251			1,304
Total accrued liabilities		$	15,559		$	31,978

Schedule of other Supplemental Disclosures


		March 31,			December 31,
		2024			2023
Cash and cash equivalents		$	94,822		$	173,338
Restricted cash			4,417			4,417
Cash, cash equivalents and restricted cash			99,239			177,755

		Three Months Ended March 31,
		2024			2023
Non-cash investing activities:
Accruals of property and equipment			3,236			845
Dividends declared but not paid on unvested share-based awards			38			—
ARO - acquisitions, additions and revisions, net			26,815			3,908