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Page added on June 29, 2008

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Oilfield thefts soar in Texas as prices boom

MIDLAND, Texas (AFP) – The wide open oilfields of West Texas are ripe pickings for thieves these days.

Some drive up to one of the thousands of pump jacks that dot the countryside and siphon crude out of the storage tanks.


Some pull up to a drill site after the crews have gone for the night and haul away tools, pipes and equipment.


Others take kickbacks, file false invoices or just plain steal knowing their bosses are too busy riding the oil boom to keep a close eye on accounting.


It’s gotten so bad that the Federal Bureau of Investigation is launching a joint task force to tackle oilfield theft next month.


AFP



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