W&T Offshore

W&T Offshore, Inc. is an independent oil and natural gas producer primarily operating in the Gulf of Mexico and the Permian Basin in West Texas. The company focuses on exploration and production, holding interests in approximately 67 offshore fields, which include 62 actively producing fields and five additional fields capable of production. W&T Offshore leases over 1.2 million gross acres, with significant holdings on the Gulf of Mexico Shelf, in deepwater regions, and onshore in Texas. The company engages in both deepwater and shallow-water drilling, extracting crude oil, natural gas, and natural gas liquids, with crude oil representing the majority of its revenue. Most of its daily production comes from wells that W&T Offshore operates offshore.