Oil and Gas Financing in Texas: Permian Basin, Eagle Ford, East Texas and the Gulf Coast

A Houston-based brokerage placing drilling, production, equipment, oilfield services and acquisition financing for Texas operators and service companies, from Midland to the Haynesville.

Texas is where most of our energy files come from

MercFinancial is based in Houston, and the Permian Basin, the Eagle Ford, the Haynesville and the Barnett, the East Texas fields and the Gulf Coast conventional plays make up the bulk of the oil and gas financing we place. That means lenders in the network already know the basins, the operators and the service markets, and a Texas file does not need to explain itself.

What Texas operators and service companies finance

The product mix follows the basin.

Permian Basin: reserve-based lines and production loans for independents, acquisition financing for PDP packages, equipment for pressure pumping, water transfer and saltwater disposal, and working capital for the service companies in Midland and Odessa
Eagle Ford and the Gulf Coast: development financing for infill and recompletions, workover rigs and vacuum trucks, JIB and receivable factoring for contractors on 60 to 90 day pay
East Texas and the Haynesville: gas-weighted production loans, compression and gathering equipment, and acquisition financing for conventional producing properties
Statewide: mineral and royalty loans for Texas mineral owners, and working-interest lines for operators and investors in any play

What is specific to a Texas file

Lenders expect Railroad Commission of Texas production and well records to agree with the operator's numbers, clean title through the county records, division orders in place with the purchasers, and a current reserve report for any production-based loan. Saltwater disposal, gathering and water-transfer assets are underwritten on contracts and throughput. For service companies, the customer list matters: receivables from established Permian operators are among the strongest collateral a factor sees.

Working with a Houston brokerage

Pre-qualify in minutes with Stephanie, our AI lending assistant, or call (830) 587-5022 and speak with an energy financing specialist in Houston. One file, matched to the lenders that fund Texas energy deals at your size, with term sheets compared before you commit.

MercFinancial is a commercial funding brokerage, not a lender. Approval, loan amount, rate, term and funding are decided by the funding source on the strength of the file; nothing on this page is an offer or a commitment to lend.

Frequently asked questions

Do you work with operators in Midland and Odessa?

Yes. Permian independents and the service companies around Midland and Odessa are a large share of our energy files: production loans, equipment financing and receivable facilities in particular.

Can a Texas mineral owner borrow against royalties?

Yes, through royalty lenders that lend against producing minerals. Twelve months of check stubs and the division orders are enough for a lender to quote; see our mineral and royalty loan page.

Do you finance saltwater disposal wells and water infrastructure in the Permian?

Yes. SWD wells, gathering lines and water-transfer systems are financed on contracts and throughput through lenders that understand midstream water. Our saltwater disposal guide covers the underwriting.

Is MercFinancial a lender?

No. MercFinancial is a commercial funding brokerage in Houston; the lenders in our network fund and hold the loans. That is what lets one file reach more than 160 funding sources.

Guides on this topic

A Permian Operator's Playbook for Financing Growth — A stage-by-stage financing playbook for Permian Basin operators: equipment, working capital, JIB tools, reserve-based loans, and acquisition debt.
Financing Saltwater Disposal Wells and Midstream Assets — How saltwater disposal wells, gathering systems, and water midstream assets get financed — contract-backed underwriting, construction-to-perm loans, and lender fit explained.
Working Capital Options for Oilfield Service Companies — A practical guide to lines of credit, invoice factoring, and equipment cash-out for oilfield service companies stuck in slow 60-90 day E&P pay cycles.
Financing an Acquisition of Producing Oil Wells — A step-by-step playbook for financing a producing oil well acquisition: PDP PV10 valuation, lender matching, deal structure, and the closing timeline from LOI to funded close.
How Reserve-Based Lending Works for Oil Producers — How reserve-based lending turns PDP reserves into a borrowing base, with typical advance rates, covenants, and pricing for oil and gas producers.