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W&T Offshore, Inc., an independent oil and natural gas producer, together with its subsidiaries, is engaged in the acquisition, exploration, and development of oil and natural gas properties primarily in the Gulf of Mexico and Texas. The company sells oil, natural gas liquids, and natural gas. It holds working interests in approximately 67 offshore fields in federal and state waters. As of December 31, 2013, the company had interests in offshore leases covering approximately 1.1 million gross acres spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi, and Alabama; and onshore leasehold interests in approximately 0.2 million gross acres in Texas. Its estimated proved reserves totaled 117.7 million barrels of oil equivalent. The company was founded in 1983 and is based in Houston, Texas.
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