Tejon Treating and Carbon Solutions joins Mora Energy's Midland Basin platform
What's the deal? Mora EnergyDealroom has a profile for this one. Try Dealroom → has closed two acquisitions that give it a Midland Basin operating footprint of roughly 200 miles of natural-gas gathering pipelines, four compressor stations, an amine treating facility and an acid gas injection well. Announced on 12 August 2026, the combined operations span Andrews, Martin, Howard, Borden, Scurry and Mitchell counties in Texas.
What changed hands? Mora acquired Tejon Treating and Carbon Solutions LLCDealroom has a profile for this one. Try Dealroom → from funds managed by Bayswater Exploration & Production LLCDealroom has a profile for this one. Try Dealroom →, a gathering, compression and sour-gas treating business in the northeast Midland Basin. It also acquired West Texas Midstream Gas Services LLCDealroom has a profile for this one. Try Dealroom → — the Quail system — from Williams Companies Inc.Dealroom has a profile for this one. Try Dealroom →, a gathering and compression network in the northwest Midland Basin.
How is it funded? Funds managed by NGP Energy Capital ManagementDealroom has a profile for this one. Try Dealroom → increased their equity commitments to Mora. The company also closed a new revolving credit facility led by BOK FinancialDealroom has a profile for this one. Try Dealroom → and Huntington BankDealroom has a profile for this one. Try Dealroom →.
What it means. Mora said it intends to use the acquired infrastructure as a platform for organic expansion and additional acquisitions. Chief executive officer Elliot Gerson described the transactions as the Mora team's return to owning and operating midstream infrastructure in the Permian Basin.
The signal. The deals mark a return to Permian midstream operations for the Mora team, assembling assets from two separate sellers into a single gathering and treating platform. With fresh equity from NGP and new bank financing in place, Mora is positioning for further consolidation in one of the busiest US oil and gas basins.
Image credit: Generated with Gemini
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