Wakefield Oil

The Wakefield Oil Mission 

Our mission is to position  Wakefield Oil Co, Inc.  to be Southeast New Mexicos sevice leader  while maintaining financial performance.  We will deliver quality products, increase our  effiency and provide superior customer  service by employing trustworthy, friendly and  reliable people.

History

We moved to Roswell, N.M. in May of 1973. I was with Conoco for ten years. Conoco was going to close this area and move us to another area. We liked it here. I had the chance to buy an existing battery route so I did and resigned from Conoco. For the next several years I serviced this route and added filters to my business then was able to sign up as a Conoco distributer.  On November 1, 1983, Jerry Arnold from Hobbs approached me to go in with him and take over the Starr Gas distributorship (formerly Yarborough Oil Co). We named it Wakefield Oil Co. Inc. The jobbership was small. In less than a year, Jerry got in financial trouble and I had to take over and buy his part out. At this time Moncor Bank was in Roswell and they helped me accomplish this. Queen Oil and Gas from Carlsbad also helped by selling me product and extending the terms so I could handle them.  This all started at 212 E. Walnut. We had a five year lease with the option to purchase the building and property. I couldnt reach an agreement with Yarboroughs and about that time the Sunwest Bank fore closed on the Texaco jobber at 311 S. Virginia. I had a vision of a building and station on the property and use the existing tanks and warehouse in back. I talked with Joe Mangum of Sunwest Bank and made the deal. We built the station and building in late 1988 and officially moved in January 1, 1989. We soon reached two million gallons in sales. About this time I had taken care of Queen Oils assistance and soon satisfied the FDIC from the Moncor closing, so I was on my own.  J & R Oil Co, here in Roswell, wanted to sell their Phillips jobbership that included a bulk plant in Capitan. We were able to take this over the first of October 1994. Our Volume went to three million gallons at this time.  During the spring of 2003, I had the chance to purchase 1108 N. Main St. and have a touchless car wash built on it. This is a separate corporation called the Roswell Rapid Wash Inc. We also formed Wakefield Properties LLC to go along with our operations. The Bank of the South West helped get the small business loan.  In January of 2004, Angel and Jesus Salazar, of United Drilling, had me take over part of a propane company called Enchantment Propane. We made this a part of Wakefield Oil that year but as of January 1, 2005 we started another corporation called Wakefield Propane, Inc. They both fit together well in getting new business, since many businesses and ranches use both our companies.  During October of 2006, Wakefield Propane merged with Riverside Propane and formed Advanced Energy. We are one of three partners. Don Davis is the operational partner. Luis Fulton is the other partner with most assets.  In 2007 we hit five million gallons. United Fuel and Energy bought out Queen Oil and Eddins Walcher. The other two big competitors in this area. We stayed around three million gallons for several years, then hit four million in 2006 and five million in 2007. Our accounts receivable has gone from $350.000 a month back in 2003, to over $1,300,000 a month in 2008. The rack price of gas and diesel has went from just over a dollar to around three dollars a gallon during that time.  On July 1, 2007, James Baker sold us his Baker Oil Business in Artesia. James Baker is one of the finest men you will ever meet. I have known him for the 40 years we have been in Roswell. He and his dad were the commission agents for Conoco when I was the area representative. James has helped finance most of this purchase. Western Bank in Artesia has also helped.

Fuel And Lubricant Sales

Wakefield Oil is a direct distributor of Navajo Refinery, refiner of diesel fuel and gasoline.  Our strong working relationships with Navajo, allow us to provide the right retail or wholesale fuel solutions for all your commercial or industrial gasoline and diesel fuel needs.  We offer competitive fuel pricing and the ability to lock in your fuel quote for the entire business day with our unique QuoteLock program.

Lubricant Sales

Wakefield Oil is a national accounts distributor for Royal MFG. We offer a full range of oils, greases and related lubrication products. In addition,  We also provide lubrication storage tanks and pumps for all your industrial lubricant needs.  Wakefield Oils competitive lubricant pricing is reinforced and supported by our unique QuoteLock program which enables you to lock in your lubricant quote for up to 30 days.

One Card To Keep Your Entire Fleet Moving 

 Wakefield Oil offers you convenient fleet fueling services with the Wakefield Oil Fleet Fueling Card.  With participating gas card locations across Southeastern New Mexio, We offer you affordable bi-monthly billing with net 10 day terms on all your fueling purchases. Wakefield Oil gives you complete control over your companys fuel purchases, taxes, mileage review, driver purchases and much more.

Fuel And Oil Tank Services And Supply

Wakefield Oil specializes in providing wholesale fuel and oil to businesses throughout Southeastern New Mexico. As part of our commitment to offering you the most comprehensive fleet fueling services possible, we provide tank and pump sales, leasing and service for your jobsite or facility.  Our strategic partnerships with the leading suppliers enables us to provide you with fuel and oil tanks in a variety of sizes.  In addition to traditional fuel oil tank options, Wakefield Oils Tank Intelligence program helps you determine if your business would benefit from utilizing a state-of-the-art SMARTank with wireless tank monitoring to help track your on-site fuel levels remotely.  To learn more about how Wakefield Oils tank services and supply program benefits your business, click on the link below for a complimentary consultation.

Find The Right Fuel And Lubricants To Improve Performance   Choosing the least expensive lubricants and petroleum products for your vehicles and equipment isnt always the most efficient or cost-effective solution over time. In fact, when you take the performance and lifespan of your equipment into consideration, compromising on the fuel and lubricants that keep your company running might end up costing you more in the long run.