Exhibit 12.1

W&T OFFSHORE, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND

EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(In thousands, except ratios)



|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|------------------------------------------------------------------------- |  | ----------------------- | ------- | - | ---- | - | ------- | ---- |  | ---- | ------- | ---- | - | ------- |  | - | -------
|                                                                          |  | Year Ended December 31,
|                                                                          |  | 2007                    |         |   | 2006 |   |         | 2005 |  | 2004 |         | 2003
|Income before income taxes                                                |  | $                       | 215,759 |   |      | $ | 306,354 |      |  | $    | 290,026 |      | $ | 229,490 |  | $ | 177,594
|Add: Fixed charges                                                        |  |                         | 66,006  |   |      |   | 32,891  |      |  |      | 2,967   |      |   | 3,581   |  |   | 3,822  
|Less: Capitalized interest                                                |  |                         | (25,100 | ) |      |   | (13,238 | )    |  |      |        |      |   |        |  |   |       
|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|Earnings before fixed charges                                             |  | $                       | 256,665 |   |      | $ | 326,007 |      |  | $    | 292,993 |      | $ | 233,071 |  | $ | 181,416
|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|Fixed charges:                                                            |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|Interest expense, net of amounts capitalized                              |  | $                       | 37,088  |   |      | $ | 17,180  |      |  | $    | 1,145   |      | $ | 2,118   |  | $ | 2,508  
|Capitalized interest                                                      |  |                         | 25,100  |   |      |   | 13,238  |      |  |      |        |      |   |        |  |   |       
|Portion of rental expense representative of an interest factor            |  |                         | 3,818   |   |      |   | 2,473   |      |  |      | 1,822   |      |   | 1,463   |  |   | 1,314  
|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|Total fixed charges                                                       |  |                         | 66,006  |   |      |   | 32,891  |      |  |      | 2,967   |      |   | 3,581   |  |   | 3,822  
|Preferred stock dividends (1)                                             |  |                         |        |   |      |   |        |      |  |      |        |      |   | 1,385   |  |   | 8,957  
|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|Combined fixed charges and preferred stock dividends                      |  | $                       | 66,006  |   |      | $ | 32,891  |      |  | $    | 2,967   |      | $ | 4,966   |  | $ | 12,779 
|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|Ratio of earnings to fixed charges                                        |  |                         | 3.9     |   |      |   | 9.9     |      |  |      | 98.8    |      |   | 65.1    |  |   | 47.5   
|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        
|Ratio of earnings to combined fixed charges and preferred stock dividends |  |                         | 3.9     |   |      |   | 9.9     |      |  |      | 98.8    |      |   | 46.9    |  |   | 14.2   
|                                                                          |  |                         |         |   |      |   |         |      |  |      |         |      |   |         |  |   |        



|(1) | Preferred stock dividends are adjusted to reflect the amount of pre-tax earnings required for payment. In connection with our initial public offering in January 2005, all
outstanding shares of our preferred stock were converted into our common stock.
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