Natural Gas Services Group, Inc. (NYSE:NGS) was founded in 1998 and is headquartered in Midland, Texas, USA, with 273 full-time employees. It is an independent oil and gas equipment provider and a natural gas industry in the United States. Provide small to medium power compression equipment.
Natural Gas Services Group (NGS):
The Natural Gas Service Group leases small to medium power compression equipment to unconventional natural gas and oil producers, including coalbed methane, shale gas, tight gas, and oil shale producers.
Natural Gas Services Group is also involved in compressor manufacturing activities, including the assembly of compressor components into compressor units for leasing or sales; and the engineering and manufacturing of natural gas compressors, as well as the design and design of reciprocating compressor frames, cylinders and components. manufacture.
In addition, NGS also designs, manufactures, sells, installs and services flare stacks and related ignition and control devices for onshore and offshore incineration of gas compounds such as hydrogen sulfide, carbon dioxide, natural gas and liquefied petroleum gas; and its compressors and flare Business provides customer support.
In addition, Natural Gas Services Group provides screw compressor replacement and reconstruction procedures; maintains a list of new and used compressors; and service and maintain compressors.
As of December 31, 2015, the rental echelon of Natural Gas Services Group has a total of 2,622 natural gas compressors with a total of 372,482 horsepower.
As of December 31, 2018, the Natural Gas Service Group leased fleet had a total of 2,572 natural gas compressors with a total power of 398,765 horsepower.