University Lands FY24 Annual Report

5

PUF Lands At-A-Glance

University Lands

University Lands (UL) professionally manages the surface and mineral interests of 2.1 million acres of land across 19 counties in West Texas for the benefit of the Permanent University Fund (PUF).

The PUF

23.8K

The PUF is the largest public university endowment in the U.S. and benefits 14 educational and health institutions within The University of Texas System and 14 educational institutions and state agencies within The Texas A&M University System.

miles of pipelines & powerlines

11.5K producing oil & gas wells

2.1M acres of grazing lands

1.3M acres leased for mineral development

~23.6K oil & gas wells drilled

20.1K acres of surface leases

74.5 K acres of renewable energy leases

ANNUAL REPORT 2024

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