Mora Energy, Dallas, Tex., has closed two acquisitions to establish a natural gas gathering, compression, and treating platform in the Midland basin, and has secured additional equity commitments and a new credit facility to support growth.

The company acquired Tejon Treating and Carbon Solutions LLC from funds managed by Bayswater Exploration & Production LLC. Tejon, formed in 2023, provides natural gas gathering, compression, and sour gas treating in the northeastern Midland basin through its Mongoose gas plant. 

Mora also acquired West Texas Midstream Gas Services LLC, known as the Quail system, from Williams Cos. Inc. The system includes natural gas gathering and compression infrastructure in the northwestern Midland basin.

Combined, the acquisitions include about 200 miles of natural gas gathering pipeline, four compressor stations, an amine treating plant, and an acid gas injection well. Mora's operations now span Andrews, Martin, Howard, Borden, Scurry, and Mitchell counties, Tex.

To support further expansion, Mora secured increased equity commitments from funds managed by NGP Energy Capital Management LLC and entered into a new credit facility led by BOK Financial and Huntington Bank.

The acquisitions mark Mora's return to owning and operating midstream infrastructure in the Permian basin, said Elliot Gerson, chief executive officer.

"We are excited to be back in the market and intend to move quickly to pursue both organic development and acquisition opportunities," Gerson said. "With the increased support from NGP and our new credit facility, we have the financial flexibility to grow our footprint."