W&T Offshore promotes two new vice presidents

W&T Offshore's deepwater assets

U.S. oil firm W&T Offshore has promoted Janet Yang to the position of vice president of corporate and business development and James Hersch to vice president of geosciences.

W&T Offshore said on Thursday that Yang was promoted from the position of director of strategic planning and analysis, a position she held since 2012. Hersch’s previous position was director of geosciences.

Tracy Krohn, W&T Offshore’s chairman and CEO, said: “Both Janet and Jim have proven themselves to be of great value to W&T and we are looking forward to their continued contributions to our future success.”

Yang has been with W&T Offshore since 2008 and has over 15 years of finance, investment, and strategy experience in the energy industry. Before joining W&T, she held positions in research and investment analysis at BlackGold Capital, investment banking at Raymond James, and energy trading at Allegheny Energy.

James Hersch has been W&T Offshore since 2010 and has over 35 years of experience as a geologist and led exploration teams analyzing oil and gas producing basins around the world for large and small companies. He previously worked for Exxon, Anadarko Petroleum, and Century Petroleum.  Immediately following his arrival in W&T, he became the principal and founder of a private geological and geophysical consulting firm for international and domestic North America projects.

The company recently plans to drill up to eight wells in the Gulf of Mexico during 2017, including three wells at the Mahogany field and two wells at the Ewing Bank 910 field.

The plan included completing the Ship Shoal 349 Mahogany A-18 well, which logged 149 feet of net oil pay in five zones and extended the size and depth of the Mahogany field. The well was brought online in the same month with a production rate of approximately 4,200 barrels of oil equivalent per day.

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