NATURAL GAS SERVICES GROUP INC
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 2025
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Item 2. Properties
The table below describes the material facilities that we owned or leased as of December 31, 2024:
| Location | Status | Square Feet | Uses |
|---|---|---|---|
| Tulsa, Oklahoma | Owned and Leased | 91,780 | Compressor fabrication, rental and services |
| Midland, Texas | Owned | 70,000 | Compressor repair and overhaul, services |
| Lewiston, Michigan | Owned | 15,360 | Compressor fabrication, rental and services |
| Midland, Texas | Owned | 45,000 | Corporate office |
| Pecos, Texas | Leased | 7,500 | Office and parts and services |
| Bloomfield, New Mexico | Owned | 7,000 | Office and parts and services |
| Godley, Texas | Leased | 5,000 | Parts and services |
| Bridgeport, Texas | Leased | 4,500 | Office and parts and services |
| Midland, Texas | Owned | 4,100 | Parts and services |
| Carlsbad, New Mexico | Leased | 4,000 | Office and parts and services |
| Carrollton, Ohio | Leased | 2,600 | Parts and services |
| Wheeler, Texas | Leased | 2,160 | Parts and services |
We believe that our properties are generally well maintained and in good condition and adequate for our purposes. As discussed in Part I, Item 1.“Business,” we announced our intent to close our repair and overhaul services facility in Midland, Texas and cease operations by April 1, 2025. In addition, we have initiated efforts to market the facility and the underlying real property.
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