In late 2025, Amplify Energy Corp. announced a full divestiture of its East Texas assets, marking a strategic exit from the Haynesville and Cotton Valley regions. That transaction is now clearly reflected at the regulatory level, as air permits for key East Texas facilities have been formally transferred to EQV Operating LLC through completed filings with the Texas Commission on Environmental Quality (TCEQ).
These filings provide confirmation that operational control of the assets has changed hands and that EQV has assumed responsibility for existing, permitted infrastructure rather than initiating new development.
The Transaction Context
On October 29, 2025, Amplify announced a series of transactions totaling $127.5 million that resulted in a complete exit from East Texas. The divestiture included:
- A closed Haynesville monetization in Harrison County, Texas
- A $122 million sale of remaining Haynesville and Cotton Valley interests, expected to close by the end of Q4 2025
The stated objective was portfolio simplification, debt reduction, and renewed focus on Amplify’s core assets in offshore California (Beta) and the Rockies (Bairoil).
The TCEQ filings now show the downstream regulatory effects of that transaction.
TCEQ Air Permit Transfers to EQV Operating
All permits in the dataset were filed as Air New Source Review (NSR) – Change of Ownership projects and are marked COMPLETE, indicating finalized transfers rather than pending approvals.
Transferred TCEQ Account Names
The following regulated facilities were transferred from Amplify Energy Operating LLC to EQV Operating LLC:
- Carthage Compressor Station
- Clower 1 Central Facility
- Craig CDP
- Oakhill Compressor Station and Freeman Miller Facility
These facilities represent core surface and compression infrastructure supporting East Texas gas production.
County-Level Breakdown
The transferred assets are concentrated in two East Texas counties:
Panola County, Texas
- Carthage Compressor Station
Panola County has long served as a critical compression and processing corridor for legacy Haynesville and Cotton Valley production. The transfer of this compressor station signals continuity of throughput and maintenance of existing gas handling capacity under EQV’s operatorship.
Rusk County, Texas
- Clower 1 Central Facility
- Craig CDP
- Oakhill Compressor Station and Freeman Miller Facility
Rusk County accounts for the majority of the transferred facilities, underscoring its role as the operational center of the divested asset package. The density of central facilities and compression assets suggests EQV is inheriting a mature, infrastructure-anchored production footprint rather than a drilling-led growth position.
What These Transfers Signal
Several important conclusions can be drawn from the permit data:
- No new construction: All filings are ownership changes, not new source permits
- Mature asset strategy: EQV is assuming control of existing, producing infrastructure
- Post-close regulatory cleanup: The timing aligns with a completed asset sale rather than pre-close planning
- Operational continuity: Facilities remain active and permitted, minimizing disruption
From a market perspective, this looks like a classic transition from a public operator exiting a non-core basin to a private operator focused on steady-state, cash-flowing assets.
Bottom Line
Amplify’s October 2025 announcement marked the strategic decision to exit East Texas. The completed TCEQ air permit transfers now confirm the operational handoff, with EQV Operating LLC assuming responsibility for key compressor stations and central facilities across Panola and Rusk Counties.
Rather than signaling new development, these filings reinforce a shift in ownership of established East Texas infrastructure, closing the loop on Amplify’s divestiture and defining EQV as the new long-term operator in this portion of the basin.
