Nova Compression announced that it acquired the operating assets of Energy Gas Compression, a Corpus Christi-based compression company serving customers across South Texas. The transaction closed on July 3, 2026.
The acquisition adds approximately 52,000 active horsepower and 6,500 idle horsepower to Nova’s fleet. The deal increases Nova’s total fleet to approximately 400,000 horsepower while expanding its presence across the Eagle Ford Basin and broader South Texas market.
The transaction includes EGC’s compression fleet, customer contracts, employees, trucks, service equipment, and other operating assets. Nova said this structure will help ensure continuity for existing customers while strengthening its ability to serve producers throughout the region.
Founded more than 20 years ago, EGC has built a reputation for dependable service, technical expertise, and long-standing customer relationships. The acquisition enhances Nova’s regional footprint across one of the nation’s most active oil and gas producing regions.
Existing EGC customers will continue to be served by the experienced team they know. That team will now be supported by Nova’s expanded operational platform, fleet, and resources.
Nova’s transaction was supported by an asset-based lending facility led by J.P. Morgan, with participation from Bank OZK, First Citizens Bank, and Sunflower Bank. The transaction also received continued support from Nova’s existing shareholders OIC and Hoak & Co.
Nova was advised by Hall Estill as legal counsel on the acquisition. Foley & Lardner served as legal counsel in connection with the transaction financing.
Nova Compression provides natural gas compression services to exploration and production companies across Texas, Oklahoma, New Mexico, Arkansas, Kansas, and Louisiana. The company’s mixed fleet strategy includes natural gas and electric compression solutions ranging from 100 to 3,000 horsepower.
KEY QUOTES:
“We are extremely excited to welcome EGC to Nova. This acquisition expands our footprint in the Eagle Ford Basin while adding meaningful density to our South Texas operations. Most importantly, we’re bringing together two teams that share the same values—hard work, integrity, and an unwavering commitment to helping our customers maximize production. We are excited to welcome the EGC team to Nova and build on the outstanding customer relationships they have established over the past two decades.”
Jonathan Mitchell, CEO of Nova Compression
“OIC is excited about this significant milestone in our capital partnership with Nova. This acquisition is highly complementary to Nova’s existing operations, and we look forward to supporting the company’s continued expansion and long-term growth strategy.”
Chris Leary, Investment Partner and Head of Infra Equity at OIC
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