Overview
Lost Tank 4 Federal No1 is an operational oil extraction facility located 20 miles northeast of Loving, New Mexico, in Eddy County. It operates within the Permian Basin, one of the most prolific oil-producing regions in the United States.
Lost Tank 4 Federal No1 is an oil extraction facility situated in the Permian Basin of southeastern New Mexico, approximately 20 miles northeast of Loving in Eddy County. The facility is operational and contributes to the region's significant crude oil production, which is a key component of U.S. energy infrastructure. The facility operates under the regulatory framework of the U.S. Environmental Protection Agency (EPA) and the New Mexico Oil Conservation Division. Oil extraction in this area typically involves horizontal drilling and hydraulic fracturing to access tight oil formations. The Permian Basin is known for its high production volumes and extensive network of wells and supporting infrastructure. As part of the Permian Basin's oil extraction network, Lost Tank 4 Federal No1 plays a role in meeting domestic energy demand and supporting local economies. The facility's operations are subject to environmental regulations aimed at minimizing impacts on air quality, water resources, and land use in the arid New Mexico landscape.
Environmental context
The facility is located in the Chihuahuan Desert ecoregion, characterized by arid conditions and sensitive ecosystems. Oil extraction in this area poses risks of groundwater contamination from hydraulic fracturing fluids and produced water, as well as air emissions from volatile organic compounds. Spills or leaks could impact nearby soils and ephemeral waterways. Regulatory oversight by the EPA and state agencies aims to mitigate these risks through permitting and monitoring requirements.
Frequently asked questions
Lost Tank 4 Federal No1 is located approximately 20 miles northeast of Loving, in Eddy County, New Mexico, within the Permian Basin.
It is an oil extraction facility, specifically a well or group of wells involved in crude oil production.
The facility is currently operational.
Oil extraction facilities in New Mexico are regulated by the U.S. Environmental Protection Agency (EPA) under the Clean Air Act and Clean Water Act, and by the New Mexico Oil Conservation Division for well permitting and production oversight.
The Permian Basin is one of the largest oil-producing regions in the United States, known for its extensive reserves and high production capacity, contributing significantly to domestic energy supply.
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