#USA #Natural Gas #Fort Worth, Texas #Service Compression #ABL Facility

Service Compression Expands Asset-Based Loan Facility

Service Compression, LLC, a prominent name in providing natural gas compression services to the exploration and production sector, has successfully increased its asset-based loan (ABL) facility. As of December 17, 2025, the facility has expanded to $400 million, reflecting a robust boost of $100 million from its previous terms. This strategic financial move was facilitated by J.P. Morgan, highlighting the lender's confidence in Service Compression's business model.

The expansion of the ABL facility is a key step towards bolstering Service Compression's financial agility, which is essential for scaling its operations. "This increase is a strong testament to the durability of our platform and the belief our partners hold in our vision and strategy," commented Rhett Newberry, Chief Executive Officer of Service Compression. He expressed leveraging this capital for fleet expansion, investment in cutting-edge technologies, and reinforcing service offerings in response to rising customer demands across its operational bases.

Strategic Implications of the Upsizing

The newly expanded financial resources will empower Service Compression to invest heavily in next-generation technologies. This includes enhancing its fleet of gas and electric compression units, which have garnered customer preference due to their reliability and performance capabilities. The additional funding is earmarked to further innovative projects aimed at operational efficiency and compliance with evolving regulatory standards, particularly in reducing emissions, an increasingly critical concern within the industry.

With the strong backing from established financial partners like J.P. Morgan, Warburg Pincus, and Masked Rider Capital, Service Compression is in an exemplary position to scale its operations. J.P. Morgan has been a long-term ally, enabling the company to respond effectively to an upsurge in demand for natural gas compression solutions.

Meeting the Rising Demand

The upsizing comes at a crucial time, as Service Compression observes increased demand from its clients who are seeking dependable, high-performance solutions amidst a growing emphasis on environmental compliance and sustainability. The company’s advanced technology investments are geared towards optimizing equipment uptime and enhancing performance metrics. Furthermore, it is committed to introducing innovative solutions that will not only address customer needs but also advance environmental stewardship in the gas and oil production sectors.

About Service Compression

Founded in 2004 and headquartered in Fort Worth, Texas, Service Compression has established a strong reputation for reliability and advanced technology in natural gas compression services targeting wellhead operations. The company operates field offices across Texas, New Mexico, Oklahoma, and Arkansas, enhancing its footprint in the upstream oil and gas industry.

Its partnerships with equity sponsors, including Warburg Pincus, a pioneer in global growth investing, and Masked Rider Capital, a Texas-based investment firm known for its collaborative approach with businesses, have been instrumental in Service Compression's ongoing successes. With these resources, Service Compression is set to expand its capacity while maintaining a high standard of operational excellence and innovation.

For more information, visit Service Compression or follow them on LinkedIn.