Texas Pacific Land to provide land & water solutions to Chevron for large-scale power project

Texas Pacific Land Corp

Agreement with Chevron U.S.A. Inc. for land & brackish water resources for Project Kilby in Reeves County, TX, supporting a data center power facility.
TPL contributed surface acreage for cash consideration & exclusive right to source aquifer-derived water for the power generation facility.
TPL plans to supply brackish groundwater to reduce freshwater demand & continues advancing desalinated produced water reuse solutions.
CEO Ty Glover says the deal validates West Texas as a premier location for compute infrastructure.

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