By New Mexico Business Weekly

Natural gas company XTO Energy Inc. has agreed to pay a $421,340 penalty for air quality violations at its operations in New Mexico.

The state Environment Department entered into a stipulated final order with XTO, which self-identified that 387 compressor engines, plus one other engine it operates in New Mexico, lacked required ⿿notices of intent⿝ to emit air pollutants.

The notices are needed for compressor engines that exceed 10 tons of air pollutants per year. The other engine needed the notice for exceeding 10 pounds, or 25 tons per year, said NMED Secretary Dave Martin in a news release.

⿿This is an example of a company that identified environmental violations, came forward with those violations and paid an appropriate penalty to the state,⿝ Martin said.

XTO Energy (NYSE: XTO) is a wholly owned subsidiary of Exxon Mobil Corp. (NYSE: XOM), which acquired the Texas-based natural gas company in 2010.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/albuquerque/news/2011/10/06/xto-pays-421000-for-air-quality.html?ana=thestreet
Copyright bizjournals.com 2010