Territory Resources LLC / Graves 3 12 - Oil Extraction Facility in Bailey, Oklahoma

Territory Resources LLC / Graves 3 12 is an oil extraction facility located near Bailey, Stephens County, Oklahoma, in the United States. The facility is operational and engages in crude petroleum and natural gas extraction, classified under NAICS codes 211111 and 211120. It is situated in a region known for oil and gas production within the Anadarko Basin. The facility operates under the regulatory framework of the US Environmental Protection Agency (EPA) and the Oklahoma Corporation Commission. Oil extraction in this region typically involves conventional drilling and production techniques, with wells tapping into multiple geological formations. The facility's scale is consistent with small to medium-sized operations common in the area. As part of the broader oil infrastructure in Oklahoma, this facility contributes to the state's significant crude oil output. The environmental context includes potential impacts on local water resources and air quality, managed through state and federal permits. The facility's location in a rural area with existing oil infrastructure helps mitigate some community impacts.

The facility is located in a region with active oil extraction, where potential environmental concerns include groundwater contamination from drilling fluids and produced water, air emissions from equipment and flaring, and land disturbance from well pads and access roads. Regulatory oversight by the EPA and Oklahoma Corporation Commission addresses these through permitting and monitoring requirements.