Drilling Deeper for Industry and Workplace Excellence

Spinnaker Cements Growth, New Facilities in Hobbs

When Spinnaker Oilfield Services was looking to expand, the Oklahoma-based company discovered Hobbs, N.M., checked many of its boxes – especially when it came to employee quality of life. Hobbs’ rental housing costs less than neighboring communities. A new hospital and $63.5 million recreation center are part of $150 million worth of recent quality of life improvements.

Phase I of Oklahoma-based Spinnaker’s new Hobbs location is complete, with Phase II under construction. A bulk plant, warehouse and lab reside on 10 acres near the Lea County Regional Airport (HOB).

Hobbs is at the center of the Permian Basin, the world’s most active oil and gas play. More than 6,500 specialists work in Hobbs’ oil and gas industry, including 25 Spinnaker added to its new local workforce. It plans to bring on another 100 by the end of 2020.

Spinnaker has delivered cementing services for oil companies since 2013.

Down Arrow

Figures

Year Established in Hobbs 2019
Number of Employees in Hobbs 25
Number of Employees Planned for Hobbs by 2020 120

Facts

Spinnaker is the leading service provider in oilfield cementing operations within the mid-continent region and Permian Basin.
Because of its dedication to a culture of health, safety and environment, Spinnaker has experienced zero lost time injuries.

Missi Currier

President & CEO,
Economic Development Corporation of Lea County

Missi@edclc.org
575.397.2039