W&T Offshore: Oil sheen in the Gulf of Mexico not caused by Matterhorn

Source: W&T Offshore

W&T Offshore, Inc. (NYSE:WTI) announced that it responded to reports of an oil sheen in the Gulf of Mexico that was said to be near the W&T-operated Matterhorn platform in Mississippi Canyon Block 243

Following an onsite and aerial investigation by W&T, it was determined that the source of a reported oil sheen was not the Matterhorn platform or any other nearby W&T-operated facilities, as speculated in several media reports. 

W&T acquired 100 percent interest in Mississippi Canyon Block 243, which contains the deepwater Matterhorn field and facilities, from France's Total in 2010. The Matterhorn field, located in a water depth of 2,800 feet, started producing in 2003; and by the end of 2009, it was producing an average of approximately 5,200 barrels of oil equivalent per day (boe/d) gross.



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