Texas Pacific Land Corporation Announces Agreement to Provide Land and Water Solutions to Chevron for a Large-Scale Power Project

Texas Pacific Land Corporation (TPL) announced an agreement with Chevron U.S.A. Inc. to provide surface acreage and brackish water resources for Chevron’s Project Kilby, a large-scale power generation facility in Reeves County, Texas. Under the terms, TPL received cash consideration and secured the exclusive right to source aquifer-derived water for the facility, supporting data center operations in the Permian Basin.

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