UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                            -------------------------

                                    FORM 8-K

                            -------------------------


                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): January 23, 2006


                          NGP CAPITAL RESOURCES COMPANY
             (Exact name of Registrant as specified in its charter)




             Maryland                    814-00672               20-1371499
(State or other jurisdiction of         (Commission           (I.R.S. Employer
 incorporation or organization)         File Number)         Identification No.)



   1221 McKinney Street, Suite 2975
          Houston, Texas                                            77010
(Address of principal executive offices)                          (Zip Code)


       Registrant's Telephone Number, including area code: (713) 752-0062


                                 Not Applicable
              (Former name, former address and former fiscal year,
                          if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))



Section 7 - Regulation FD

Item 7.01.      Regulation FD Disclosure.

     On January 23, 2006, NGP Capital Resources Company, a Maryland  corporation
(the  "Company"),  issued a press release  announcing that it has closed a $16.9
million senior secured credit facility with Piceance Basin Properties,  LLC. The
text of the press release is included as Exhibit 99.1 to this Form 8-K.

     The  information  disclosed  under this Item 7.01,  including  Exhibit 99.1
hereto,  is being  furnished  and shall not be deemed  "filed"  for  purposes of
Section 18 of the Securities Exchange Act of 1934, as amended,  and shall not be
deemed  incorporated  by reference  into any filing under the  Securities Act of
1933, as amended,  except as expressly  set forth by specific  reference in such
filing.



Section 9 - Financial Statements and Exhibits

Item 9.01.      Financial Statements and Exhibits.

        c.      Exhibits

        99.1            Press Release dated January 23, 2006.




                           [Signature page to follow]





                                   SIGNATURES

     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, as
amended,  the  Company has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.


                                        NGP CAPITAL RESOURCES COMPANY


                                        By: /s/ Stephen K. Gardner
                                            ------------------------------------
                                            Stephen K. Gardner
                                            Chief Financial Officer


Date: January 23, 2006





                                  EXHIBIT INDEX

        Exhibit
        -------
        Number          Description
        ------          -----------

         99.1           Press Release dated January 23, 2006.