Exxon Broke Rules With Late Reporting of Permian Methane Leak (1)

Exxon Mobil Corp. failed to initially report a release of the super-potent greenhouse gas methane in the Permian Basin that occurred in early February, violating state rules.

The incident at the company’s facility in New Mexico was reported after it reviewed a third-party satellite image. Exxon is the biggest US operator to publicly acknowledge a misstep in reporting its emissions since high-resolution satellite imagery of methane concentrations has become more widely available in the last few months. It also comes at a delicate moment after Exxon disclosed last week that the Justice Department may seek a fine for a well blowout in Ohio ...