Oilfield theft in West Texas escalates into a billion-dollar security threat

Oilfield theft in West Texas escalates into a billion-dollar security threat

Crude oil theft is a multi-billion-dollar crisis in West Texas. Thieves brazenly steal hundreds of barrels weekly in the Permian Basin. More than 40% of oil executives report operations affected by theft. Criminals use sophisticated methods, exploiting the re…

  • Crude oil theft is a multi-billion-dollar crisis in West Texas.
  • Thieves brazenly steal hundreds of barrels weekly in the Permian Basin.
  • More than 40% of oil executives report … [+5003 chars]

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