W&T Offshore agreement to resolve Clean Water Act investigation approved W&T Offshore announced that the United States District Court for the Eastern District of Louisiana accepted the previously announced agreement between the United States Attorney's Office for the Eastern District of Louisiana and W&T Offshore, resolving environmental violations related to the company's Ewing Banks 910 oil and gas production platform in the Gulf of Mexico.
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W&T Offshore announces sub-salt discovery at Dantzler prospect Wireline logging data indicates approximately 120 feet of net pay in two high-quality Miocene reservoirs which are primarily crude oil. W&T Offshore holds a 20% working interest in this well, which is operated by Noble Energy. The Dantzler discovery is located roughly 12 miles west of W&T's previous discoveries at Big Bend and Troubadour in the Mississippi Canyon 698 and 699 blocks. The operator has provided discovered gross resource estimates at Dantzler of between 55 and 95 million barrels of oil equivalent.
W&T Offshore receives govenment regulatory notices on Gulf of Mexico W&T Offshore has recently received notices from U.S. Government regulators that could affect certain aspects of its operations on Federal oil and gas leases in the Gulf of Mexico. The company believes these regulatory actions are undeserved and do not reflect the degree of financial and operational responsibility and current record of compliance that the company has demonstrated in its Gulf of Mexico operations and is taking actions to quickly resolve these matters.