W&T Offshore WTI Asset Retirement Obligation Accretion Expense
Asset Retirement Obligation Accretion Expense at other companies
Other financials
Where this comes from
Reported directly by W&T Offshore in its filing.
Tagged under the XBRL concept us-gaap:AssetRetirementObligationAccretionExpense.
The official record: W&T Offshore’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is W&T Offshore's asset retirement obligation accretion expense?
- W&T Offshore (WTI) reported asset retirement obligation accretion expense of $8.52M in Q1 2026.
- How has W&T Offshore's asset retirement obligation accretion expense changed year-over-year?
- W&T Offshore's asset retirement obligation accretion expense increased by 1.5% year-over-year, from $8.39M to $8.52M.
- What is the long-term trend for W&T Offshore's asset retirement obligation accretion expense?
- Over 4 years (2021 to 2025), W&T Offshore's asset retirement obligation accretion expense has grown at a 9.8% compound annual growth rate (CAGR), from $22.93M to $33.38M.
- What does asset retirement obligation accretion expense mean?
- This represents the periodic increase in the carrying amount of a liability recognized for the future retirement of tangible long-lived assets, such as plugging and abandoning oil and gas wells. It reflects the unwinding of the discount applied to the estimated future cash flows required to settle these environmental and regulatory obligations. This non-cash expense is a critical indicator of the long-term environmental liability profile inherent in the company's production operations.