TPL · 8-K · 20260805PR000056
Acquisition / Partnership / Divestiture
Texas Pacific Land Corp · 2026-08-05 · Importance 63 · Surprise 42 · In source text
TPL acquired $110.2 million of aggregate land in Shackelford and Jones Counties and additional land in Winkler County, Texas. The acquisitions support the company’s data center and power generation initiatives and extend those efforts beyond the immediate Permian Basin. TPL also entered into an agreement with a Chevron subsidiary to provide land and brackish water resources for Project Kilby in Reeves County. Project Kilby involves a large-scale power generation facility intended to support a customer data center.
Key facts
- $110.2 million of aggregate land acquisitions in Shackelford and Jones Counties, Texas, and land in Winkler County, in connection with data center and power generation initiatives. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | — | $110.2 million of aggregate land acquisitions in Shackelford and Jones Counties, Texas, and land in Winkler County, in connection with… |