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Texas Pacific Land Corporation specializes in land and resource management as well as water services and operations. The company's Land and Resource Management segment oversees approximately 880,000 acres of land. This segment also owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) on around 85,000 acres, a 1/16th NPRI on approximately 371,000 acres, and about 4,000 additional net royalty acres in western Texas. Furthermore, this segment engages in various easements and commercial leases, including those for oil, gas, and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. It also leases land for facilities such as processing, storage, and compression, and sells materials like caliche.
The Water Services and Operations segment of Texas Pacific Land Corporation offers a comprehensive range of water-related services to operators in the Permian Basin. These services include water sourcing, produced-water gathering and treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services. This segment also holds royalties for water sourced from its land, further enhancing its service offerings. The company's integrated water solutions are designed to support efficient and sustainable operations in one of the most prolific oil-producing regions in the world.
Founded in 1888 and headquartered in Dallas, Texas, Texas Pacific Land Corporation has a long-standing history in land and resource management. Over the years, the company has evolved to meet the changing needs of the energy and resource sectors, leveraging its extensive land holdings and expertise in water management to provide valuable services to its clients. With a focus on sustainability and innovation, Texas Pacific Land Corporation continues to play a crucial role in supporting the infrastructure and operational needs of the Permian Basin and beyond.
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