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SES- W&T hits 100 ft of net oil pay at East Cameron 338/349 - July 2, 2020
W&T Offshore struck oil with its only well drilled during Q1, located at East Cameron 338/349 field in the shallow-water Gulf of Mexico. The Cota well was drilled to 6,000 ft in 290 ft of water and encountered 100 ft of net oil pay. W&T anticipates the well will be brought online in 1H21. The company currently holds 20% in the well, with that stake increasing to 38.4% when the well is turned to......
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