W&T Offshore Inc Fireside Chat Hosted by Water Tower Research Transcript
Welcome you to our fireside chat today with W&T Offshore. With us from W&T is the company's Founder, Chairman, Chief Executive Officer, and President.
Our discussion today will include forward-looking statements. I would refer people to W&T's disclosures regarding forward-looking statements, which can be found in the company's latest corporate presentation under the Investor Relations tab of its website. We will refer to some of the slides in that presentation today. So it might be useful if you -- but we won't have it on this webcast. So if you -- people would like to pull it up, feel free. By way of background, W&T is an offshore exploration and production company whose business strategy concentrates on acquiring and developing oil and natural gas properties in the U.S. Gulf of Mexico.
As of year-end 2022, proved reserves totaled 165 million BOE from 47 producing fields. Nearly 85% of your proved reserves are located on the shelf in the Gulf of Mexico, which also accounted for about 75% of first quarter 23%. Tracy,
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