“A Fraudulent Scheme”: New Mexico Sues Texas Oil Companies for Walking Away From Their Leaking Wells
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Source: ProPublica
Published: 2026-01-22 21:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Mexico, Energy, Business & Economy
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Snippet:
The state of New Mexico is accusing three Texas oil executives of orchestrating “a fraudulent scheme” to pocket revenue from hundreds of oil and gas wells in New Mexico and offload the cost of plugging and cleaning up the wells onto the state’s taxpayers. The suit, filed in late December by the New Mexico attorney general’s office, is the latest salvo in the state’s fight against oil and gas executives accused of foisting old wells onto the public.
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