A West Texas oil field services company is packing up its Odessa headquarters and heading to Levelland, a move that stands to reshape the local economy with nearly $4 million in capital investment and up to 100 new jobs. Stealth Energy Services officially sealed a 10-year economic development partnership with the Levelland Economic Development Corporation after negotiations that kicked off in April 2025. The company plans to build a brand-new headquarters facility and rail spur at the Levelland Industrial Rail Park, a project valued at roughly $3,965,000. According to the LEDC, Stealth Energy is on track to become one of the top five employers in the city and one of the area’s ten largest tax-generating entities.
For company owner and president Jeramiah Maynard, the decision to relocate from the Permian Basin to the South Plains came down to something he could not seem to find back home: momentum. What started as a simpler plan to just shift existing Levelland operations turned into a full headquarters move after Maynard and his family visited the city and saw what was taking shape at the rail park. He said it was not only about what Levelland offers today but where it is headed tomorrow, noting that his family did not see stagnation there but rather a community on the grow.
Under the agreement, Stealth Energy will immediately bring 26 existing employees to town and add 10 new full-time positions within its first year of operation. The company must maintain at least 40 full-time employees throughout the life of the deal. Mayor Breann Buxkemper said those numbers translate into more than just tax revenue for Hockley County, describing the incoming positions as the kind that could create generational wealth for local families rather than simply filling entry-level roles.
Maynard also pointed to Levelland’s school system as a driving factor, citing strong values and quality education as priorities for his young family. City leaders say the ripple effects will reach classrooms too, along with parks, city services, and local businesses as new residents spend their dollars closer to home. Stealth Energy expects to open its new headquarters within the year.