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

Quarterly report pursuant to Section 13 or 15(d)

OTHER SUPPLEMENTAL INFORMATION (Tables)

OTHER SUPPLEMENTAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

Schedule of Prepaid expenses and other current assets

Prepaid expenses and other current assets consisted of the following (in thousands):


		June 30,			December 31,
		2024			2023
Derivatives		$	1,961		$	1,180
Insurance/bond premiums			12,205			6,631
Prepaid deposits related to royalties			8,562			7,872
Prepayments to vendors			2,288			1,492
Other			874			272
Prepaid expenses and other current assets		$	25,890		$	17,447

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):


		June 30,			December 31,
		2024			2023
Accrued interest		$	13,479		$	13,479
Accrued salaries/payroll taxes/benefits			3,258			9,473
Operating lease liabilities			1,484			1,455
Derivatives			8,945			6,267
Other			1,838			1,304
Total accrued liabilities		$	29,004		$	31,978

Schedule of other Supplemental Disclosures


		June 30,			December 31,
		2024			2023
Cash and cash equivalents		$	123,375		$	173,338
Restricted cash			4,417			4,417
Cash, cash equivalents and restricted cash			127,792			177,755

		Six Months Ended June 30,
		2024			2023
Non-cash investing activities:
Accruals of property and equipment			5,440			4,297
Dividends declared but not paid on unvested share-based awards			36			—
ARO - acquisitions, additions and revisions, net			31,288			11,016