10 arrested in oil, gas thefts at Texas companies

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10 arrested in oil, gas thefts at Texas companies

Story Created: Jul 1, 2009 at 8:45 AM CST

Story Updated: Jul 1, 2009 at 8:45 AM CST

ODESSA, Texas (AP) -- Ten people have been arrested in the theft of about $2 million worth of oil and gas condensate from oil companies and producers in West Texas.

The arrests Tuesday came following a seven-month investigation by a regional oil theft task force.

Six of the suspects face charges of federal wire fraud, mail fraud and conspiracy. Four were arrested on state money laundering charges.

Midland County Sheriff Gary Painter tells the Odessa American the suspects stole about 8,000 barrels of oil in one month alone.

Officials say the operation was a partnership between men who sold the stolen oil and gas to buyers who didn't know of the theft.

© 2009 The Associated Press. All rights reserved.

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