W&T Offshore, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

DEBT - Components of Long-term Debt (Details)

v3.23.1

DEBT - Components of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Feb. 08, 2023	Jan. 27, 2023	Dec. 31, 2022	Mar. 31, 2022	May 19, 2021	Oct. 18, 2018
Total	$ 403,274			$ 693,437
Less current portion, net	(30,801)			(582,249)
Long-term debt, net	372,473			111,188
Term Loan [Member]
Principal	138,348			147,899
Unamortized debt issuance costs	(4,145)			(4,592)
Total	134,203			143,307
Less current portion, net	$ (30,800)
Debt instrument, interest rate, stated percentage						7.00%
9.75% Senior Second Lien Notes due November 2023 [Member]
Principal		$ 552,500		552,460
Unamortized debt issuance costs				(2,330)
Total				$ 550,130
Debt instrument, interest rate, stated percentage	9.75%	9.75%		9.75%	9.75%		9.75%
11.75% Senior Second Lien Notes due 2026 [Member]
Principal	$ 275,000
Unamortized debt issuance costs	(5,929)
Total	$ 269,071
Debt instrument, interest rate, stated percentage	11.75%	11.75%	11.75%	11.75%	11.75%

- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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Contractual interest rate for funds borrowed, under the debt agreement.

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Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.

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Amount, excluding unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

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Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

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