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Natural Gas Services Group Rolls Out its 2000th Unit

May 20, 2011
For Immediate Release                                                                                                                                    Contact: Modesta Idiaquez
May 20, 2011   IR Coordinator
    432-262-2700

 

Midland, TX, May 20, 2011 -- Natural Gas Services Group, Inc. (NYSE: NGS) a leading provider of gas compression equipment and services to the natural gas industry, announced today the fabrication of its 2000th natural gas compression rental fleet unit.  This particular unit was a standard WELLMAKERTM model that was fabricated in our Midland, TX facility and is already under rental contract to a customer in east Texas. In addition to this milestone and as of the fourth quarter of 2010, NGS now ranks as the third largest rental fleet owner/operator as tracked by the GCA (Gas Compressor Association) in the natural gas compression equipment rental industry when measured by number of units.  Stephen Taylor, President and CEO of NGS, said, "Although our objective has never been to achieve a certain number of units in our fleet, it is gratifying that customer demand and response has enabled us to become the third largest fleet in the US. To grow from a 1000 unit fleet in 2006 to our present size, in spite of a severe downturn in the industry, is a significant accomplishment and a testament to our employees, customers and suppliers."

About Natural Gas Services Group, Inc.

Natural Gas Services Group (NYSE: NGS) owns and maintains a growing rental fleet of high quality rotary screw and reciprocating wellhead compressors in the 50-500 horsepower range. Repair and maintenance services for rental fleet units is provided through a network of district offices in Midland, Bridgeport and Godley, TX, Farmington, NM, Vernal, UT, Tulsa, OK, and Lewiston, MI, including the Appalachian and South Texas areas. Rental compressor fabrication facilities are located in Midland, TX and Lewiston, MI. NGS designs, fabricates and sells custom engineered rotary screw and reciprocating compressor packages through the Engineered Products line in Tulsa, OK. This custom equipment ranges up to 2500 horsepower per unit and can be natural gas engine or electric motor driven. NGS designs, manufactures and fabricates a proprietary reciprocating compressor product line. The CiP (Cylinders in Plane) reciprocating compressor is a unique and efficient, small horsepower design that is utilized in the rental fleet and sold to compressor packagers, distributors and end-users throughout North America. The Company also designs, fabricates, sells, installs and services technologically advanced and patented industrial flare and ignition systems through the Flare King product line for use in onshore and offshore oil and natural gas production facilities. NGS is a public company listed on the New York Stock Exchange and has been named to the Forbes magazine list of the 200 Best Small Companies in the US for five consecutive years beginning in 2005.


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