Mobile Bay Acquisition and GOM Infrastructure Advantage
SIGNIFICANT INFRASTRUCTURE
ADVANTAGE
Platform Rig on infield
Subsea tieback to existing
production facility (EW 910 Area)
infrastructure (MC 800 Gladden)
155
29
W&T OFFSHORE | NYSE:WTI
MEDUSA
SPAR
REXIBLE
RISER
PRODUCTION UMBILICAL
187 MLES-5.5x8.625 PE-IN-PIPE FLOWLINE
GLADDEN #1 WELL
Existing structures provide a key advantage when evaluating/
developing prospect opportunities
PLET
UTA
Economic Advantage
Sant
Reduces capital
expenditures
Increases returns by
generating cashflow
quicker
Marketing contracts
already in place
W&T Owns Infrastructure with an Estimated Replacement Value >$1.0B
Provides revenue
upside in potential
Production Handling
Agreements (PHA)
•
2018 $13.4 MM
• 2019 $15.3 MM
•
2020 $7.5 MM
.
• 2021 $12.2 MM
•
2022 $15.4 MM
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