Category Archives: News

Oil Theft a Federal Offense

By | Blog, News, Oilfield Security, Oilfield Theft | No Comments

In an article recently published by the Houston Chronicle, we learned that prosecutors have made oil theft a federal offense. The event occurred at the Itero Energy Monahans Facility in Monahans, Texas. A 34 year old man named David Wayne Shroeder was part of an oil theft case by stealing truckloads of oil from a West Texas based facility. Apparently the theft was motivated by drug addiction and made feasible by Mr. Schroeder’s knowledge and ability to handle petroleum industry gear. Schroeder was caught red-handed in the middle of the night at an energy facility in the outlands of West Texas by a local…

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