---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-060067"
form_type: "8-K"
ticker: "WTI"
cik: "0001288403"
company_name: "W&T OFFSHORE INC"
filed_at: "2025-06-17T23:59:59+00:00"
generated_at: "2026-05-19T04:19:14.921837+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# W&T Offshore settles with two largest surety providers; collateral demands withdrawn, rates locked through 2026

## Summary
- Dismissal without prejudice of lawsuit with USSIC and PHLY; two sureties represent ~70% of W&T's surety bond portfolio.
- Collateral demands withdrawn; no new demands allowed until after Dec 31, 2026, except for specific events (non-payment, claim, insolvency, default, lawsuit).
- Premium rates on existing bonds locked at 2024 levels through Dec 31, 2026; provides cost predictability.
- CEO states settlement removes uncertainty that suppressed stock price; company expects to deliver more value to shareholders.

## SEC filing metadata
- accession: 0001104659-25-060067
- form_type: 8-K
- ticker: WTI
- cik: 0001288403
- company_name: W&T OFFSHORE INC
- filed_at: 2025-06-17T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288403/000110465925060067/0001104659-25-060067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288403/000110465925060067/tm2518155d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-060067
- JSON: https://secwatch.observer/filing/0001104659-25-060067.json
- Plain text: https://secwatch.observer/filing/0001104659-25-060067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.