TPL · 8-K · 20260805PR000056
Capital Expenditure Program
Texas Pacific Land Corp · 2026-08-05 · Importance 89 · Surprise 82 · In source text
TPL completed construction and began commissioning Phase 2B of its produced water desalination facility in Orla, Texas. The facility has anticipated capacity of 10,000 inlet barrels of produced water per day. Purchases of fixed assets totaled $21.9 million in the second quarter and $29.2 million in the first six months of 2026, compared with $12.3 million in the first six months of 2025. The desalination project is intended to produce high-spec freshwater and concentrated brine while reducing produced water injection demand.
Key facts
- Purchases of fixed assets for the three months ended June 30, 2026 were $21,853 thousand and purchases of fixed assets for the six months ended June 30, 2026 were $29,201 thousand (deducted in free cash flow calculation). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | Purchases of fixed assets for the three months ended June 30, 2026 were $21,853 thousand and purchases of fixed assets for the six months… |
| cash | negative | realized | — | Purchases of fixed assets for the three months ended June 30, 2026 were $21,853 thousand and purchases of fixed assets for the six months… |