W&T buys Gulf fields from Shell for $450 million
Production from the six fields totals nearly 7,000 barrels of oil per day and 68.8 MMcf of natural gas.
View ArticleW&T Offshore buying $100M in Gulf of Mexico properties
The deal includes a 15% working interest in the Medusa field, which is at deep-water Mississippi Canyon blocks 538 and 582; a 10% membership interest in Medusa Spar; and various interests in 12...
View ArticleW&T shares fall sharply in face of possible regulatory action
W&T Offshore shares fell 10 percent Friday on news that U.S. regulators may bar the Houston producer from federal lease sales in the Gulf of Mexico, where it pumps most of its oil.
View ArticleW&T Offshore to sell Permian assets for $376 million
W&T Offshore has agreed to sell its stake in a West Texas oil field to a private equity start-up company for $376 million, the latest oil deal geared toward supporting a seller's financial books...
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