MONEY GRAHAM CTB - Oil Extraction Facility near Malaga, New Mexico

MONEY GRAHAM CTB is an oil extraction facility situated approximately 15.8 miles south of Malaga, New Mexico, in Eddy County. The facility operates within the Permian Basin, one of the most prolific oil-producing regions in the United States. As an operational oil extraction site, it contributes to the country's domestic crude oil supply. The facility is classified under NAICS code 211120, which covers oil and gas extraction activities. In the United States, oil extraction operations are subject to federal and state regulations, including EPA's Clean Air Act and Clean Water Act requirements, as well as state-level rules from the New Mexico Oil Conservation Division. Typical extraction methods in the Permian Basin involve horizontal drilling and hydraulic fracturing. The Permian Basin's oil infrastructure plays a critical role in U.S. energy security. Facilities like MONEY GRAHAM CTB support local economies through employment and tax revenue. The region's arid climate and sparse population influence operational practices, particularly regarding water management and dust control.

The facility is located in the Chihuahuan Desert, an arid region with sensitive ecosystems. Oil extraction in this area involves water-intensive processes, which can strain local water resources. Spills or leaks of produced water or crude oil could impact soil and groundwater. Regulatory oversight from the EPA and state agencies aims to mitigate these risks through permitting and monitoring requirements.