Lower 48 shut-ins are coming back online, bringing a renewed call for more horsepower as operators complete wells, with “stable to modestly improving” activity to the end of the year, the chief of Natural Gas Services Group Inc. (NGSG) said Tuesday.

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CEO Stephen Taylor discussed the second quarter results during a conference call. The Midland, TX-based operator sells and leases natural gas compression equipment to complete wells across the Lower 48. 

Customers are slowly coming around, with a big order underway for the Permian Basin, Taylor said. While conditions to the end of 2020 look challenging, “we do not believe it can be worse than what we experienced in the first half of the year…There are some modestly encouraging signs on the horizon…With a stable to modestly...