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)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Prepaid expenses and other current assets

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


		September 30,			December 31,
		2024			2023
Derivatives		$	1,564		$	1,180
Insurance/bond premiums			10,248			6,631
Prepaid deposits related to royalties			8,562			7,872
Prepayments to vendors			2,133			1,492
Other			609			272
Prepaid expenses and other current assets		$	23,116		$	17,447

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):


		September 30,			December 31,
		2024			2023
Accrued interest		$	5,395		$	13,479
Accrued salaries/payroll taxes/benefits			8,457			9,473
Operating lease liabilities			1,493			1,455
Derivatives			6,061			6,267
Other			223			1,304
Total accrued liabilities		$	21,629		$	31,978

Schedule of other Supplemental Disclosures


		September 30,			December 31,
		2024			2023
Cash and cash equivalents		$	126,544		$	173,338
Restricted cash			4,417			4,417
Cash, cash equivalents and restricted cash			130,961			177,755

		Nine Months Ended September 30,
		2024			2023
Non-cash investing activities:
Accruals of property and equipment			5,258			7,921
Dividends declared but not paid on unvested share-based awards			82			—
ARO - acquisitions, additions and revisions, net			52,337			35,261