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Council OKs oil exploration at airpark

November 13, 2013

There might be oil out by them thar runways.

Big Spring City Council gave its blessing Tuesday to an agreement which will allow oil and gas exploration at the McMahon-Wrinkle Airpark.

The council authorized City Manager Todd Darden to negotiate with representatives of Veritas Energy Partners (headquartered in San Antonio and Midland) on a contract which would allow the firm to explore 1,500 acres of the airpark for oil and gas. The agreement includes production clauses in case the company would want to commence drilling operations.

Veritas beat out another firm for the negotiation rights, Darden said.

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