Sale of Industrial Airpark Land to Mewbourne Oil Company
Hobbs
Summary
The city is selling about 21.75 acres at the industrial airpark to Mewbourne Oil for $1.21 million, keeping the company's $11 million expansion — and its jobs — in Hobbs.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jul 6, 2026.
Impact analysis
Brings $1.21 million into the city while supporting an $11 million private construction project.
Mewbourne Oil and the local economy through retained jobs and construction activity.
Mentions & discussions (2)
City Commission - Jul 6, 2026
The city planned to finalize the sale of about 21.75 acres at Hobbs Industrial Airpark South to Mewbourne Oil Company. The deal could support local oil and gas activity and put city-owned land back on the tax rolls.
City Commission - Jun 15, 2026
The city is selling about 21.75 acres at the industrial airpark to Mewbourne Oil for $1.21 million, keeping the company's $11 million expansion — and its jobs — in Hobbs.
Related development
Sale of Approximately 21.75 Acres — Hobbs Industrial Airpark South Subdivision
Mewbourne's continued expansion brings investment and jobs to the industrial airpark area.
Sale of Approximately 21.75 Acres to Mewbourne Oil Company
Keeps a major employer's $11 million expansion — and its growing workforce — inside Hobbs city limits.
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