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.
President & CEO,
Economic Development Corporation of Lea County