Oil & Gas Industry

Hobbs’ Oil & Gas Industry

Hobbs Offers Prime Access to the World’s Most Active Oil Basin

Hobbs, NM, fuels the region’s oil and gas industry. Ideally located at the center of the Permian Basin and in the middle of the Lea County EnergyPlex, Hobbs is the Permian’s most livable community, and offers a centralized location from which to do business across the region.

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The Industry’s Top Oil Basin, Hobbs Wins the Advantage

In Hobbs, New Mexico, the oil and gas industry’s pulse continues to race. Hobbs is the largest city in Lea County, and Lea County continues to be the top oil-producing county in the U.S. as of 2023.

While rich resources are a natural draw, Hobbs also boasts access to a well-connected transportation system, and an eager labor force that has over four generations of training in the oil and gas industry.

All of these assets have generated major investments from local, national and global energy companies ranging from drilling to production to more than 400 oilfield service operations.

Figures

Oil & Gas Industry Labor Force 5,808
Average Oil & Gas Industry Salary $94,528

Rankings

#1

World’s Most Active Oil Basin Permian Basin

#1

Highest Oil-Producing County in the Nation Lea County, NM ShaleXP | 2023

Jennifer Grassham

President & CEO,
Economic Development Corporation of Lea County

jennifer@edclc.org
575.397.2039