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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 4 - Joint Venture Drilling Program (Details Textual)

v3.19.2

Note 4 - Joint Venture Drilling Program (Details Textual) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended		12 Months Ended
	Mar. 12, 2018	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Property, Plant and Equipment, Net, Ending Balance		$ 524,512			$ 524,512		$ 515,421
Other Assets, Noncurrent, Total		73,577			73,577		91,547
Revenue from Contract with Customer, Excluding Assessed Tax, Total		134,701		$ 149,612	250,781	$ 283,825
Other Nonoperating Income (Expense), Total		(478)		$ (486)	(809)	(514)
JV Drilling Program [Member] \| Mr. Tracy W. Krohn [Member]
Minority Interest Ownership Percentage By Joint Venture			4.50%
Monza Energy, LLC [Member]
Property, Plant and Equipment, Net, Ending Balance		13,400			13,400		8,800
Other Assets, Noncurrent, Total		2,300			2,300		3,300
Increase (Decrease) in Working Capital					3,400		$ 700
Revenue from Contract with Customer, Excluding Assessed Tax, Total					4,000	500
Operating Costs and Expenses, Total					2,500	400
Other Nonoperating Income (Expense), Total						$ 200
Cash Calls Received from Joint Venture		80,300			80,300
Monza Energy, LLC [Member] \| Advances from Joint Interest Partners [Member]
Cash Calls Received from Joint Venture		$ 39,100			$ 39,100
Monza Energy, LLC [Member] \| JV Drilling Program [Member]
Joint Venture Working Interest Percentage Contributed to Related Party	88.94%
Joint Venture Working Interest Percent	11.06%
Amount Committed by Investors	$ 361,400
Oil and Gas Revenue, Percent	30.00%
Well Cost, Percent	20.00%
Capital Contribution Payments from Related Party			$ 184,900
Capital Contributions from Related Party During Period			70,200
Capital Contribution Payments to Related Party, Net			57,600
Monza Energy, LLC [Member] \| JV Drilling Program [Member] \| Mr. Tracy W. Krohn [Member]
Capital Commitment to Joint Venture			$ 14,500
Monza Energy, LLC [Member] \| JV Drilling Program [Member] \| Maximum [Member]
Number of Drilling Projects in Drilling Program	14

- Definition

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.

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Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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The agreed upon capital committed to a joint venture by a member of the joint venture.

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The amount, as a percent, of investment in oil and gas drilling operations in which the investor is directly liable for a portion of the ongoing costs associated with exploration, drilling and production.

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The number of drilling projects in the drilling program

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