Hercules Offshore: W&T Offshore hires ex-Hercules rig to drill Gulf of Mexico prospect

Houston-based oil and gas company W&T Offshore has contracted a jack-up rig previously owned by the bankrupt driller Hercules Offshore to drill the South Timbalier 224 (ST 224) gas/condensate prospect in the U.S. Gulf of Mexico. W&T Offshore is the operator of the license with a 39 percent stake. Its now partner Otto farmed into the [...]