TPL · 8-K · 20260805PR000056
Data Center Power Development
Texas Pacific Land Corp · 2026-08-05 · Importance 63 · Surprise 42 · In source text
TPL is supplying land and brackish water resources for Project Kilby, a multi-gigawatt power generation and data center hub in Reeves County, Texas. The project involves Chevron developing a large-scale power generation facility to support a customer data center. TPL also acquired $110.2 million of land in Shackelford and Jones Counties in connection with data center and power-generation initiatives, expanding the effort beyond the immediate Permian Basin.
Key facts
- Announced agreement with a Chevron subsidiary to provide land and brackish water resources for Chevron’s Project Kilby in Reeves County, Texas, a power generation and data center development. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Announced agreement with a Chevron subsidiary to provide land and brackish water resources for Chevron’s Project Kilby in Reeves County,… |