Malaga is a small unincorporated community in Eddy County, New Mexico, located approximately 25 miles northwest of Carlsbad. The population of Malaga is around 175 according to recent estimates. The town is situated in the southeastern corner of New Mexico and has a rich history closely tied to the oil and gas industry. In the early 1920s, Malaga was one of the largest oil-producing areas in the world, but the town went into decline after the discovery of oil in other areas. Today, Malaga is primarily an agricultural community growing cotton, peanuts, and pecans. The town has a post office, general store, and a few small businesses, as well as a fire department and a public school. The community celebrates its history with the Malaga Oil & Gas Festival, held annually in August.
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