Brownfield City Council unanimously approved an almost-$400,000 incentive package Thursday morning to cement an agreement which will see Houston based Select Energy Services operating in Brownfield within a month.
The oil and gas related service company will begin operations with 30 employees, which a company representative said will be hired locally.
“We chose to expand our company and move to Brownfield because of its strategic location in proximity to current and future activity in the oil patch, but also, and more importantly, because of the available experienced labor pool,” said Dustin Childers in the company’s Houston headquarters. “Brownfield has been in the oil field arena for a long time and we want to be a part of that community. We see a lot of things happening that we like.”
The company will hire a range of positions, from CDL drivers to mechanics to office workers and supervisors.
The company recently closed on the former Valley Irrigation and Pump building at the corner of Lamesa and Seagraves Highways.
The location will focus on tank truck and water hauling services, as well as maintenance of the trucks.
BIDCorp. director David Partlow told the council that the company plans up to a million dollars in renovations to the
“This facility will handle maintenance of trucks, beginning with between 30 and 40 vehicles on the low end,” Partlow said. “In six to eight months, they’ll probably increase to 50 or 60 trucks. They will have taxable property of at least $5 million to start with a $1.2 mil average payroll. This is great for Brownfield and we are thrilled to have them coming here for a $10 million expansion.”
The $394,800 performance-based incentive package from BIDCorp. will be spread over a four year period and allocated at the end of each year if pre-set goals are reached.
Select Energy Services is an industry leader in delivering innovative and efficient end-to-end water solutions and well-site services to energy producers.
With more than 5,000 employees and $1 billion in annualized revenues, the company sources, transports, tests, treats and disposes of water and fluids from well sites within every major North American shale play.
Partlow praised the council’s action in approving the incentive package and said without it, the company would have less of a presence in Brownfield.
(Courtesy of the Brownfield News)