W&T OFFSHORE INC

W&T Offshore, Inc. is an independent oil and natural gas producer, primarily operating offshore in the Gulf of America. The company focuses on acquiring, exploring, and developing oil and natural gas properties. Founded in 1983, W&T Offshore operates as a single reportable segment. As of December 31, 2025, the company held working interests in 49 offshore producing fields located in federal and state waters in the Gulf of America. These fields are situated in water depths ranging from less than 10 feet to up to 7,300 feet. The reservoirs in these offshore fields typically exhibit high porosity and permeability, leading to higher initial production rates compared to other domestic reservoirs. The company's strategy involves leveraging its diverse portfolio of shelf, deep shelf, and deepwater projects in the Gulf of America, which allows for stacked pay development, primary production, and recompletion opportunities. W&T Offshore utilizes advanced seismic and geoscience tools for its drilling projects, aiming to optimize production and increase reserves profitably while managing cash flows.