W&T Offshore announces discovery at Troubadour prospect in Deepwater Gulf W&T Offshore announced a discovery at the Troubadour exploration prospect in the Deepwater Gulf of Mexico. The well is located on Mississippi Canyon Block 699 in 7,273 feet of water and was drilled to a total depth of 19,510 feet. Reservoir and fluid measurement logs identified approximately 50 feet of net natural gas pay in a high-quality Miocene reservoir.
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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.