SD

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

SPECIALIZED DISCLOSURE REPORT

W&T Offshore, Inc.
(Exact name of registrant as specified in its charter)
	1-32414
	(Commission File Number)
Texas		72-1121985
(State or Other Jurisdiction of Incorporation)		(IRS Employer Identification No.)
5718 Westheimer Road, Suite 700 Houston, Texas 77057
(Address of Principal Executive Offices)
Bart P. Hartman III Vice President and Chief Accounting Officer (713) 626-8525 (Name and telephone number, including area code, of the person to contact in connection with this report.)

Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

☐	Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31,
☑	Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023

Section 2 – Resource Extraction Issuer Disclosure

Item 2.01 Resource Extraction Issuer Disclosure and Report

Disclosure of Payments by Resource Extraction Issuers

The specified payment disclosure required by Form SD is included in Exhibit 99.1 to this Form SD.

Section 3 – Exhibits

Item 3.01 Exhibits

Exhibit No.	Description
2.01	Interactive Data File (Form SD for the year ended December 31, 2023 filed in XBRL)
99.1	Resource Extraction Payment Report as required by Item 2.01 of this Form

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	W&T OFFSHORE, INC. (Registrant)
Dated: September 26, 2024	By:	/s/ Sameer Parasnis
	Name:	Sameer Parasnis
	Title:	Executive Vice President and Chief Financial Officer

EX-99.1

Exhibit 99.1

Disclosure of Payments by Resource Extraction Issuer

This exhibit to Form SD presents payments made by W&T Offshore, Inc. (the “Company”) to the U.S. federal government for the purpose of commercial development of oil and natural gas during the year ended December 31, 2023. The information within this report has been prepared and is presented in accordance with Rule 13q-1 (17 CFR 240.13q-1) under the Securities Exchange Act of 1934, as amended (“the Rule”). This report is limited to payments required to be disclosed by the Rule and does not include other payments and contributions to governmental and civic entities beyond the scope of the Rule.

Payments

Payments are disclosed on a cash basis, according to the year during which the payment was made (rather than on an accrual basis). Only payments of the types defined within the Rule and for which the Company made payments during the reporting period are presented.

The Company did not make payments in respect of production entitlements, bonuses, dividends, infrastructure improvements or community and social responsibility during the year ended December 31, 2023.

Currency

All payments are reported in US Dollars.

Business Segment

The Company operates in one reportable segment.

Projects

Payments are grouped into projects, which, in accordance with the Rule, are defined as the combination of the country, the designation of "onshore" or "offshore" and body of water, and the political subnational jurisdiction of the associated extractive activities. Countries and political subnational jurisdictions are designated by ISO 3166 country codes.

For purposes of this report, the Company’s projects are all offshore in the Gulf of Mexico and are either in State of Alabama waters or federal waters.

The resources being extracted are oil and natural gas, all with the extraction method of “well.”

Detail of Payments

Project	Governmental Recipient	Taxes		Royalties		Fees		Total
Alabama	Office of Natural Resources Revenue	$	—	$	371,446	$	—	$	371,446
Federal	Office of Natural Resources Revenue		—		67,832,866		1,483,010		69,315,876
(1)	Internal Revenue Service		2,150,000		—		—		2,150,000
		$	2,150,000	$	68,204,312	$	1,483,010	$	71,837,322

(1) The United States federal government levies income taxes at the Company level rather than on a per project basis. Income tax payment information in the table above is presented at the Company entity level.

1

XML

Document Information	12 Months Ended
	Dec. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0001288403
Registrant Name	W&T OFFSHORE INC
Period End Date	Dec. 31, 2023
Reporting Currency	USD

XML

Payments, by Category - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 2,150,000	$ 68,204,312	$ 1,483,010	$ 71,837,322

XML

Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 2,150,000	$ 68,204,312	$ 1,483,010	$ 71,837,322
Alabama
Total		371,446		371,446
Federal
Total		$ 67,832,866	$ 1,483,010	69,315,876
Entity level project
Total	$ 2,150,000			$ 2,150,000

XML

Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 2,150,000	$ 68,204,312	$ 1,483,010	$ 71,837,322
UNITED STATES | Office Of Natural Resources Revenue
Total		$ 68,204,312	$ 1,483,010	69,687,322
UNITED STATES | Internal Revenue Service
Total	$ 2,150,000			$ 2,150,000

XML

Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)	Amount	Type	Country	Govt.	Project	Resource	Ext. Method
#: 1
	$ 371,446	Royalties	UNITED STATES	Office Of Natural Resources Revenue	Alabama	wti:OilAndNaturalGasMember	Well
#: 2
	67,832,866	Royalties	UNITED STATES	Office Of Natural Resources Revenue	Federal	wti:OilAndNaturalGasMember	Well
#: 3
	1,483,010	Fees	UNITED STATES	Office Of Natural Resources Revenue	Federal	wti:OilAndNaturalGasMember	Well
#: 4
	$ 2,150,000	Taxes	UNITED STATES	Internal Revenue Service	Entity level project	wti:OilAndNaturalGasMember	Well