United States
Texas Pacific Land Corporation Overview
Texas Pacific Land Corporation specializes in land and resource management, as well as water services and operations. The company operates primarily in the Permian Basin, offering a range of services to energy operators and landowners.
Business Segments
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Land and Resource Management
- Manages surface acres and oil & gas royalty interests in the Permian Basin.
- Facilitates easements for oil, gas, hydrocarbon transport, power lines, utilities, and subsurface wellbores.
- Leases land for processing, storage, compression facilities, and roads.
- Sells materials (e.g., caliche, sand) and land parcels.
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Water Services and Operations
- Provides comprehensive water solutions, including sourcing, treatment, infrastructure, and disposal.
- Holds produced water royalties.
Royalty Interests & Land Holdings
The company owns:
- A 1/128th nonparticipating perpetual oil & gas royalty interest (NPRI) under ~85,000 acres.
- A 1/16th NPRI under ~371,000 acres.
- ~16,000 additional net royalty acres (NRA), totaling ~207,000 NRA in the Permian Basin.
Company Background
Founded in 1888, Texas Pacific Land Corporation is headquartered in Dallas, Texas.
