The present invention provides a novel method to produce grade road base material using recycled oilfield waste, called "oil and gas waste," more specifically, drilling waste and aggregate and a novel road base material. Hydration and mixing of the waste materials along with a binder, will achieve an irreversible pozzolanic chemical reaction necessary for stabilization into a road base. An asphalt emulsifier may be included in the binder to manufacture asphalt stabilized road base. The entire method is a cold batch process.