May 30, 2003
by Monica Perin
Houston Business Journal
A buried “treasure” could come back to haunt Houston-based Shell Oil.
A total of 190 boxes full of documents have been dug up in the New Mexico desert near a pipeline formerly owned by a Shell subsidiary, the Texas-New Mexico Pipeline Co.
The documents apparently pertain to operation of the pipeline and to environmental damage caused by an oil spill in the early 1990s.
Certain assets of the pipeline company were sold to Enron Corp. in 1999 and are now owned by Houston-based EOTT Energy, formerly an affiliate of Enron.