Hilcorp fined $9.4M in first settlement for fracing violations under new standards
(World Oil) – Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico. It’s the first settlement to address violations from fracing under the Clean Air Act’s New Source Performance Standards, the Department of Justice and Environmental