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Oil and gas producer to pay millions to US and New Mexico to remedy pollution concerns

Summary

Apache Corporation, a Texas-based oil and gas producer, has reached a multimillion-dollar settlement with the federal government and the state of New Mexico to address air pollution concerns in the largest oil and gas producing region in the United States, the Permian Basin. The agreement, announced on February 13, 2024, mandates Apache to pay $4 million in penalties and invest over $5 million in preventative measures to reduce emissions at its wells. The settlement follows a civil lawsuit accusing Apache of failing to comply with federal and state requirements to capture and control emissions at some of its operations in New Mexico and Texas. The company aims to offset past illegal emissions, comply with clean air regulations, and reduce methane and volatile organic compound emissions through design improvements and monitoring systems.

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