University Lands FY21 Annual Report

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At-A-Glance

At-A-Glance

University Lands (UL) 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 is the largest public university endowment in the U.S. and benefits more than 20 educational and health institutions across both The University of Texas System and The Texas A&M University System.

2.1MM Acres of grazing lands

1.24MM Acres leased for mineral development

24,400 Oil & gas wells drilled to-date 9,800 Producing oil & gas wells 19,000 Acres of surface leases 22,000 Miles of pipeline & powerline easements 79,000 Acres of renewable energy leases

PRINCIPAL BUSINESS LINES

Oil & Gas Royalty

Energy Transition

Water Supply & Logistics

Grazing

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