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EXHIBIT 10.2

SECOND AMENDMENT TO
EQUIPMENT LEASE AGREEMENT

        This SECOND AMENDMENT TO EQUIPMENT LEASE AGREEMENT, dated as of November
20, 2002 (this "Amendment") is between BRL UNIVERSAL EQUIPMENT 2001 A, L.P., a
Delaware limited partnership ("Lessor") and UNIVERSAL COMPRESSION, INC., a Texas
corporation ("Lessee").

W I T N E S S E T H:

        WHEREAS, Lessor and Lessee are parties to an Equipment Lease Agreement
dated as of February 9, 2001 as amended by the First Amendment to Equipment
Lease Agreement dated as of October 15, 2001 between Lessor and Lessee (together
with all amendments and supplements thereto, the "Lease Agreement"); and

        WHEREAS, the parties hereto desire to amend certain Sections of the
Lease Agreement.

        NOW, THEREFORE, in consideration of the mutual covenants and agreements
set forth herein and in the First Amended and Restated Participation Agreement
dated as of October 15, 2001 (the "Participation Agreement") among Lessee,
Universal Compression Holdings, Inc., as Guarantor, Lessor, The Bank of New
York, not in its individual capacity but solely as Indenture Trustee for the
Tranche A Noteholders ("Indenture Trustee"), the financial institutions that may
become party thereto, as Tranche B Lenders (each a "Tranche B Lender" and
collectively "Tranche B Lenders"), BRL Universal Equipment Management, Inc., as
Lessor General Partner, Deutsche Bank Trust Company Americas (formerly known as
Bankers Trust Company, "DBTCA") as Administrative Agent for Tranche B Lenders
and Indenture Trustee acting on behalf of the Tranche A Noteholders (in such
capacity, "Administrative Agent") and DBTCA as Collateral Agent for Tranche B
Lenders and Indenture Trustee acting on behalf of the Tranche A Noteholders (in
such capacity, "Collateral Agent") the parties hereto agree as follows:

        1.    Definitions.    Unless the context otherwise requires, capitalized
terms used herein and not otherwise defined herein shall have the meanings set
forth or referred to in Appendix A to the Participation Agreement, which
Appendix A also includes the rules of usage and interpretation applicable
hereto.

        2.    Effectiveness.    This Amendment shall become effective as of the
date first written above upon the execution and delivery hereof by Lessor,
Lessee, Indenture Trustee, Majority Tranche B Lenders, Collateral Agent and
Administrative Agent.

        3.    Amendments.    

        Section 20(a) is hereby amended and restated as follows:

        "Lessee will cause to be carried and maintained, at its sole expense,
with respect to each Item of Equipment at all times during the Term thereof and
for the geographic area in which such Item is at any time located and until such
Item of Equipment has been returned to Lessor pursuant to Section 6, the rights
and interests therein have been transferred to Lessee pursuant to Section 28.2
or 28.4 or sold to a third party pursuant to Section 28.3 (i) physical damage
insurance (including theft and collision insurance) insuring against risks of
physical loss or damage to the Equipment ("Property Insurance") in an amount no
less than the aggregate Acquisition Costs for all Items of Equipment, provided
however, such Property Insurance may have a per occurrence loss limit in an
amount no less than $50,000,000 and such other sub-limits for certain perils and
insurance customary for Lessee and (ii) liability insurance in the annual
aggregate amount of $50,000,000 with no per occurrence limit against liability
for bodily injury, death and property damage resulting from the use and
operation of the Equipment (including sudden and accidental environmental
pollution coverage) ("Liability

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Insurance"). In the case of each of the Property Insurance and Liability
Insurance, such insurances shall also be of the types and amounts of coverage
equal to or greater than the insurance coverage Lessee carries on any other
similar equipment owned, managed or leased by Lessee. Neither the Property
Insurance nor the Liability Insurance shall have any deductible in excess of
$250,000 per occurrence. The policies of insurance required under this Section
20 shall be valid and enforceable policies issued by insurers having an A.M.
Best Company rating of "A-" or better or otherwise acceptable to Administrative
Agent and shall provide coverage with respect to incidents occurring anywhere in
the United States. In the event that any of such Liability Insurance policies
for an Item of Equipment shall now or hereafter provide coverage on a
"claims-made" basis, Lessee shall continue to maintain such policies in effect
for a period of not less than three (3) years after the expiration of the Term
of the last Item of Equipment financed hereunder."

        4.    Miscellaneous.    Sections 30, 31 and 33 of the Lease Agreement
are incorporated herein by reference mutatis mutandis.

2

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        IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed and delivered by their respective duly authorized officers as of
the date first above written.

  BRL UNIVERSAL EQUIPMENT 2001 A, L.P.,
    as Lessor
 
By BRL Universal Equipment Management, Inc.
Its General Partner
  
 
By
/s/  GREGORY C. GREENE      

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Name:  Gregory C. Greene
Title:    President
 
UNIVERSAL COMPRESSION, INC.,
    as Lessee
  
 
By
/s/  RICHARD W. FITZGERALD      

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Name:  Richard W. FitzGerald
Title:    Senior Vice President and Chief Financial Officer
Each of the following parties hereby consents to this Amendment:
 
DEUTSCHE BANK TRUST COMPANY AMERICAS
    (formerly known as Bankers Trust Company),
    as Collateral Agent, Administrative Agent
    and Tranche B Lender
    [Percentage of Tranche B Notes:  12.222222%]
  
 
By
/s/  MARCUS M. TARKINGTON      

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Name:  Marcus M. Tarkington
Title:    Director
 
THE BANK OF NEW YORK,
    not individually but as Indenture Trustee for
    Tranche A Noteholders
  
 
By
/s/  REMO J. REALE      

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Name:  Remo J. Reale
Title:    Vice President

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WACHOVIA BANK, NATIONAL ASSOCIATION
    (formerly known as First Union National Bank)
    as Tranche B Lender
    [Percentage of Tranche B Notes:  13.812457%]
  
 
By
/s/  DAVID E. HUMPHREYS      

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Name:  David E. Humphreys
Title:    Vice President
 
BANK ONE, NA
    (Main Office Chicago)
    as Tranche B Lender
    [Percentage of Tranche B Notes:  10.845692%]
  
 
By
/s/  DIANNE L. RUSSELL      

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Name:  Dianne L. Russell
Title:    Director
 
THE BANK OF NOVA SCOTIA,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  7.195224%]
  
 
By
/s/  N. BELL      

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Name:  N. Bell
Title:    Senior Manager
 
CITADEL HILL 2000 LTD.,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  6.084113%]
  
 
By
    

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Name:
Title:    
 
NATEXIS BANQUES POPULAIRES,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  9.734581%]
  
 
By
/s/  TIMOTHY L. POLVADO      

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Name:  Timothy L. Polvado
Title:    Vice President and Group Manager
  
 
By
/s/  RENAUD J. D'HERBES      

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Name:  Renaud J. d'Herbers
Title:    Senior Vice President and Regional Manager

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LANDMARK CDO LIMITED,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  6.084113%]
  
 
By
/s/  GIL MARCHAND      

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Name:  Gilles Marchand
Title:    Authorized Signatory
 
LANDMARK II CDO,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  3.650468%]
  
 
By
/s/  GIL MARCHAND      

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Name:  Gilles Marchand
Title:    Authorized Signatory
 
CSAM FUNDING I,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  8.468325%]
  
 
By
    

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Name:
Title:    
 
FIRST DOMINION FUNDING I,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  10.951403%]
  
 
By
    

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Name:
Title:    
 
FIRST DOMINION FUNDING II,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  7.300935%]
  
 
By
    

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Name:
Title:    
 
MERRILL LYNCH LONGHORN CDO II,
    as Tranche B Lender
    [Percentage of Tranche B Notes:  3.650468%]
  
 
By
    

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Name:
Title:    

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EXHIBIT 10.2

SECOND AMENDMENT TO EQUIPMENT LEASE AGREEMENT