W&T Offshore entered an
agreement to acquire Eastern Gulf of
Mexico assets from ExxonMobil for
$200 million. The purchase
includes working interests
in nine GOM offshore
producing fields and an onshore
treating facility that are immediately
adjacent to existing properties owned
and operated by W&T. The company is
gaining Q1 production of 19,800 boe/d
(21% liquids) and 74 MMboe of proved
reserves (22% liquids, 99%......
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