MIDLAND - A Monahans man has pleaded guilty to stealing approximately $58,000 worth of oil.
33-year-old David Wayne Schroeder pleaded guilty to three counts of theft from an interstate shipment on Thursday afternoon.
According to the report, Schroeder stole oil from different Permian Basin companies.
Schroeder will be sentenced on April 10, 2015 in U.S. District Court.
Schroeder faces up to ten years in federal prison.