OXY USA INC - STERLING SILVER 33 FEDERAL NO 3 CTB Oil Extraction Facility, Malaga, New Mexico

OXY USA INC - STERLING SILVER 33 FEDERAL NO 3 CTB is an oil extraction facility situated in Eddy County, New Mexico, approximately 17 miles east-northeast of Malaga. The facility is operational and is part of the broader oil and gas infrastructure in the Permian Basin region, one of the most productive oil fields in the United States. The facility operates under NAICS codes 211111 (Crude Petroleum Extraction) and 211120 (Natural Gas Liquid Extraction), indicating its involvement in both crude oil and natural gas liquids production. As an oil extraction site, it likely utilizes conventional drilling and extraction techniques common to the region, including hydraulic fracturing and horizontal drilling, which are typical for the Permian Basin's tight oil formations. The facility's location in New Mexico places it under the regulatory oversight of the New Mexico Oil Conservation Division (NM OCD) and the U.S. Environmental Protection Agency (EPA). Operations must comply with federal and state regulations, including the Clean Air Act and the Clean Water Act, as well as state-specific rules for oil and gas extraction. The facility's environmental significance includes potential impacts on local air quality, water resources, and land use, given the intensive nature of oil extraction in the region.

The facility is located in the Permian Basin, a region known for high oil and gas activity. Local environmental concerns include groundwater protection, air emissions from drilling and production, and land disturbance. The area's arid climate and sensitive ecosystems require careful management of water resources and waste disposal. Regulatory frameworks such as the EPA's New Source Performance Standards (NSPS) for oil and gas and state-level rules govern emissions and operational practices.