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University expands sale of oil leases

The Office of Business Affairs, which directs University Lands, sold almost $250 million of oil and gas leases Wednesday during its most lucrative semiannual lease sale in history. The sale included...

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University Lands, legislature and regulators mull water rules

Deep below the dry dust surface of University Lands is groundwater that breathes life into the ranches, vineyards and oil wells that sit on top of it.University Lands has a long history of managing its...

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Drought, oil industry take a toll on University Lands ranchers

Swaths of West Texas ranches dotted with cattle, sheep, rattlesnakes and cacti have never been much to look at, Sammy Hooper says with a laugh. Nevertheless, the 74-year-old rancher and his wife Mima...

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More Native American artifacts found on UT land with increase in oil, gas...

As the number of development projects on University Lands increases, further inspections of the land are needed. In turn, archeologists are expanding their knowledge of West Texas — and finding...

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Path to University Lands success includes many failed ideas

Sources of revenue on University Lands are well developed today and include successful business ventures in the energy, beverage and agriculture industries, but the pathway to creating that network of...

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UT System to make $1 billion in oil, gas revenue this year from production in...

For many years, the landscape in West Texas was mostly uniform with dusty lots and artifacts of operating machinery left behind from a previous oil boom in the area. A generation removed from that...

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UT System to make $1 billion in oil, gas revenue this year from production in...

MIDLAND — For many years, the landscape in West Texas was mostly uniform with dusty lots and artifacts of operating machinery left behind from a previous oil boom in the area. A generation removed from...

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UT System to make $1 billion in oil, gas revenue this year from production in...

MIDLAND — For many years, the landscape in West Texas was mostly uniform with dusty lots and artifacts of operating machinery left behind from a previous oil boom in the area. A generation removed from...

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Wind farms on University Land contribute to renewable energy, give back to UT

Two wind farms situated atop University Lands in West Texas contribute to Texas’ dominance in wind energy production, while providing funding for the University and clean energy for thousands of...

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