Texas Pacific Land Corporation

Texas Pacific Land owns large amounts of land in the Permian Basin of Texas and receives payments when oil and gas companies drill on it or use it. The company also provides water services to oil and gas operators in the region, including sourcing water, treating used water, and building pipelines and storage facilities. Additionally, it sells materials like sand and caliche that it mines from its land, and occasionally sells parcels of land itself. The company has owned its land and mineral rights since 1888.