New Mexico’s lawsuit accuses three Texas oil executives of pocketing revenue from oil and gas wells and offloading cleanup costs to the public.

A 2024 ProPublica and Capital & Main investigation uncovered some of their companies’ business dealings.
propublica.org/article/new-mex…

#News #NewMexico #Oil #Law #Fraud #Environment #Energy

“A Fraudulent Scheme”: New Mexico Sues Texas Oil Companies for Walking Away From Their Leaking Wells

New Mexico’s lawsuit accuses three Texas oil executives of pocketing revenue from oil and gas wells and offloading cleanup costs to the public. An investigation in 2024 by ProPublica and Capital & Main uncovered some of these business dealings.

^{cengiz.yar@propublica.org (ProPublica)}