Permian operators alarmed by rise in oilfield theft
June 3, 2023
by Mella McEwen
Permian Basin oil and gas operators are alarmed at something beyond volatile oil and natural gas prices and pending regulations.
Several members of the Permian Basin Petroleum Association are expressing concern over what they see as a dramatic increase in oilfield crime in the Permian Basin.
“There’s always been thefts, but what seems to be happening is on another level,” Ben Shepperd, president of the PBPA, told the Reporter-Telegram in a telephone interview. One member even told him a pumping unit had been stolen, he said....