Thieves steal thousands of dollars worth of equipment from oil and gas company in SE NM | KOB 4

Thieves steal thousands of dollars worth of equipment from oil and gas company in SE NM

Faith Egbuonu
Updated: February 15, 2020 06:42 PM
Created: February 14, 2020 06:59 PM

CARLSBAD, N.M.- The owner of Carlsbad Field Services, an oil and gas company in southeast New Mexico said thieves took off with over $100,000 worth of equipment over the weekend.

“It’s a pretty tough thing to swallow, cause it’s in the hundreds of thousands of dollars,” said the company’s owner, Jason Alexander. “You think you have these big insurance policies to cover everything, and you find out that you don't—so, a lot of these things will not be covered unless they’re recovered."


Alexander is having a hard time grasping the reality of it all.

“They knew where we kept the keys to everything. They knew where the big ticket items are, so they went straight to those places to destroy those things first," he said.

Alexander believes it was an inside job.

“We had three vehicles stolen. We had a gang truck stolen, an F150, we had a welding truck with a brand new welder, cutting torches, air compressor,” he said. “Motorcycles, 3-wheelers… things that took me for years to build. I couldn’t just buy them; I had to build them up from scratch."

Alexander says the burglary has affected his business in more ways than one.

“We can’t work in the manner that we used to, because we don’t have the means to do it,” he said.

Carlsbad police said there’s been a break in the case.

“The night of the report, we conducted an operation and we were actually able to make several arrests that night,” said Lt. Jaime Balencia with the Carlsbad Police Department. “It’s quite extensive-- currently doing interviews, and hopefully we look to make some more arrests soon."

The case is still under investigation.

Carlsbad Police encourage anyone with information to contact their detective department at (575) 885-2111.

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