Texas Pacific Land Trust

Texas Pacific Land Corporation engages in the land and resource management and water services and operations businesses. The company's Land and Resource Management segment manages surface acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85000 acres of land; a 1/16th NPRI under approximately 371000 acres of land; and approximately 4000 additional net royalty acres located in the western part of Texas. In addition this segment engages in easements and commercial leases activities such as oil gas and related hydrocarbons power line and utility easements and subsurface wellbore easements. Further this segment leases its land for processing storage and compression facilities and roads; and is involved in sale of materials such as caliche. Its Water Services and Operations segment provides full-service water offerings including water sourcing produced-water gathering/treatment infrastructure development and disposal solutions to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas Texas.