FundedIQ
Energy

W&T Offshore: Funding, Investors & Team (Oct 2026)

W&T Offshore, Inc. is an independent company that produces oil and natural gas both offshore in the Gulf of Mexico and onshore in the Permian Basin of West Texas. Our growth has been driven by acquisitions, exploration, and development, and we currently have interests in around 67 offshore fields, with 62 producing and five capable of producing. We hold leases for over 1.2 million gross acres, including over 0.6 million in the Gulf of Mexico Shelf, over 0.5 million in deepwater, and over 50,000 onshore in Texas. The majority of our daily production comes from offshore wells that we operate.

www.wtoffshore.com LinkedIn Houston, United States 251-500 employees
Total raised
$350M
Rounds
1
Latest
Undisclosed round
Jan 2025

W&T Offshore has raised $350M across 1 funding round on record, the most recent an undisclosed round of $350M announced in Jan 2025.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

W&T Offshore Company Profile and Key Stats

Total funding raised
$350M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$350M in Jan 2025
Employees
251-500
reported band
Headquarters
Houston, United States

Latest funding round on record: Jan 2025.

W&T Offshore Funding Rounds

Date
Round
Amount
Undisclosed round
$350M

W&T Offshore Founders and Leadership Team

Name
Role
Contact
Tracy W Krohn
Founder
—

No contact details are on record for this team yet.

W&T Offshore Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M

W&T Offshore's latest round of $350M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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W&T Offshore Funding FAQs

What does W&T Offshore do?

W&T Offshore, Inc. is an independent company that produces oil and natural gas both offshore in the Gulf of Mexico and onshore in the Permian Basin of West Texas. Our growth has been driven by acquisitions, exploration, and development, and we currently have interests in around 67 offshore fields, with 62 producing and five capable of producing. We hold leases for over 1.2 million gross acres, including over 0.6 million in the Gulf of Mexico Shelf, over 0.5 million in deepwater, and over 50,000 onshore in Texas. The majority of our daily production comes from offshore wells that we operate.

How much funding has W&T Offshore raised?

W&T Offshore has raised $350M across 1 round on record. The most recent is an undisclosed round of $350M announced in Jan 2025.

When did W&T Offshore last raise funding?

W&T Offshore's most recent funding round on record is an undisclosed round of $350M, announced in Jan 2025.

Who founded W&T Offshore?

FundedIQ lists Tracy W Krohn (Founder) at W&T Offshore.

Where is W&T Offshore headquartered?

W&T Offshore is based in Houston, Texas, United States.

How many employees does W&T Offshore have?

W&T Offshore is in the 251-500 employee band.

How does W&T Offshore's funding compare to other Energy startups?

W&T Offshore's latest round of $350M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's W&T Offshore Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for W&T Offshore is left off this page rather than filled in.

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