Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

left-of-center2012

(34,195 posts)
Sat Apr 24, 2021, 09:05 AM Apr 2021

New Mexico sues oil companies for cleanup of abandoned wells

The State Land Office on Thursday announced a lawsuit against two oil and natural gas companies, citing unmet obligations to plug at least 29 abandoned wells in Western New Mexico, remove trash and debris and pay penalties for trespassing on an expired lease site.

The lawsuit against BC&D Operating and Dominion Production Co. is the 16th in a campaign by the agency to increase accountability for cleanups among natural resources companies that lease state land.

Efforts to reach BC&D Operating and Dominion Production Co. for comment were unsuccessful. The companies have no clear online listings, and corporate registrations with the state of New Mexico do not include contact information.

During 2021, the agency has filed lawsuits for oil site cleanups against at least three other energy companies.

https://www.santafenewmexican.com/news/local_news/new-mexico-sues-oil-companies-for-cleanup-of-abandoned-wells/article_0ce7bb09-c1f6-576b-91ed-f09ef674f076.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
New Mexico sues oil companies for cleanup of abandoned wells (Original Post) left-of-center2012 Apr 2021 OP
good luck with that rampartc Apr 2021 #1

rampartc

(5,373 posts)
1. good luck with that
Sat Apr 24, 2021, 10:10 AM
Apr 2021

each well is a corporation. as the oil is pumped the profits are delivered to the parent corporation. when the well runs dry its corporation folds and the taxpayer is left with the clean up.

Latest Discussions»Region Forums»New Mexico»New Mexico sues oil compa...