Item 1.01 Entry into a Material Definitive Agreement.

The information provided in Item 2.03 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 1.01.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On January 18, 2023, Natural Gas Services Group, Inc. and the guarantors from time to time party thereto entered into a Second Amendment to Credit Agreement (the "Amendment") with Texas Capital Bank, as administrative agent (the "Lender"). The Amendment amends certain provisions under our existing credit facility with the Lender, primarily to (i) increase the lender commitment from $30 million to $50 million, and (ii) revise the applicable margin definition used to calculate the interest rate charged on outstanding loan amounts, with the overall effect of increasing the interest rate on the credit facility. In connection with the Amendment, we agreed to reimburse the Lender for its expenses.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the First Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.




Item 9.01. Financial Statements and Exhibits.
(d)     Exhibit
The Exhibit listed below is furnished as an Exhibit to this Current Report on
Form 8-K.
Exhibit No.                   Description
                              Second Amendment to Credit Agreement dated January 18, 2023, among
                              Natural Gas Services Group, Inc., the other Loan Parties thereto,
                              Texas Capital Bank, in its capacity as Administrative Agent and teh
  10    .1                    Lenders party thereto.
                              Cover Page Interactive Data File (embedded within the Inline XBRL
104                           document).

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