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.
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 taxpa… [9972 chars]
Source: ProPublica | Published: 2026-01-22T10:00:00Z
Credit: ProPublica
