Investor Presentaiton
SIGNIFICANT RESERVE APPRECIATION FROM INITIAL
BOOKINGS¹
GROSS EUR (MMBoe)
Current 1P > Initial 2P booking
Current 1P > Initial 3P booking
220
200
+18
180
160
140
200
182
168
163
145
120
118
100
80
60
40
40
20
20
0
Year 1
4
8
Year 3
Year 1
W&T Mobile Bay Complex
+8
22
30
30
22
50
50
58
Current 1P > Initial 2P booking
1P Reserves
2P Reserves
3P Reserves
35
11
Year 9
Year 1
MAHOGANY T SAND²
1) Based on year-end 2022 reserve report at SEC pricing (1P Life) $94.14/Bbl and $6.36/MMBtu
2) Initial 1P booking includes A-14 well only; YE 2021 1P booking includes A-14, A-18 and A-19 wells; 2P & 3P includes additional development wells
12
W&T OFFSHORE | NYSE:WTI
+6
59
59
47
41
Year 9
MC 698 - Big Bend (DW Field)
W&T OFFSHOREView entire presentation