Halliburton Energy Services ceases operation out of Brownfield yard

by admin

As everyone already suspected, Halliburton has made it official in letters sent to taxing entities. Operations will cease at the Brownfield yard.

The letter to the taxing entities stated:

“In response to the significant decline in market conditions, Halliburton Energy Service, Inc has made the difficult decision to cease operation in Brownfield. We are truly appreciative for the partnership we have created with (each taxing entity) however, this decision was necessary as we work to adapt to these challenging times.”

Jeff Davis, City Manager for Brownfield stated, “In 2014, the City of Brownfield and Halliburton Energy Service Inc. entered into an Industrial Development Agreement for the purpose of encouraging the growth, enlargement, and development of refining and petrochemical facilities within the Brownfield area.  Under the agreement the City of Brownfield was to provide municipal water and sanitary sewer service as authorized by City ordinances.  This agreement was an 8-year agreement which was set to expire in 2022, that allowed Halliburton immunity from annexation through an annual payment in lieu of taxes.    Halliburton has agreed to continue to make payments in compliance with the Industrial Development Agreement.  This will be a significant setback to the economy and finances of the City of Brownfield for years to come.”

Brian Brisendine, Executive Director of BIDCorp stated, “West Texans have long been accustomed to the booms and busts associated with the oilfield, but that doesn’t lessen the heartache or concern when jobs are lost. Our hearts go out to anyone affected by Halliburton’s decision to close its local yard. Halliburton has had a presence in Brownfield for more than 60 years and they will definitely be missed. BIDCorp worked closely with the company when they constructed their new yard in Hogue Industrial Park and we will continue to promote that space as an asset to the community.”

Halliburton has been in Terry County for over 60 years, originally located on 14th Street, and built their current yard in 2014. They invested heavily in that yard and anticipated staying here for many years to come.

This is not welcome news to Terry County, but is certainly not unexpected, given the drop in the oil market lately. We know the ebb and flow of the oil market, we just have to pray that it will soon come flowing back our way.

We will update this story as we know more.

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