Present on the land, in varying amounts, are the 2 most necessary items drillers require in enormous quantities to get the most oil out of the ground.
One is water (and the disposal thereof)..and the other is proppant grade sand.
The most productive fracking method today now requires 6X the amount of proppant drillers used just a few years ago. That means to frac a single well in the Permian basin now requires enough proppant to fill a freight train 120 hopper cars long. I find that hard to imagine really but that is the reality.
Will frac grade proppant be the next available natural resource TPL developes?? I would have no way of knowing.. but I do know frac grade proppant is big business and it begs the speculative question - why not!
Marker:
Texas Pacific Land T (TPL)
$413.37 up 7.02 (1.73%)
Volume: 8,906
Anxiety is contemplating your future without putting God in it. ~~ Author Unknown
Recent TPL News
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 09/13/2024 08:45:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:27:56 PM
- Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions • Business Wire • 08/27/2024 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2024 08:19:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 08:17:25 PM
- Texas Pacific Land Corporation Announces Second Quarter Results and Another Record Performance From Water Segment • Business Wire • 08/07/2024 08:15:00 PM
- Texas Pacific Land Corporation Sets Dates for Second Quarter 2024 Earnings Release and Conference Call • Business Wire • 07/23/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 08:17:32 PM
- Texas Pacific Land Corporation Announces Special Dividend of $10 Per Share and Cash Balance Target • Business Wire • 06/13/2024 08:15:00 PM
- KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 • PR Newswire (US) • 06/07/2024 10:09:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:01:46 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 05/08/2024 09:17:59 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:20:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:17:56 PM
- Texas Pacific Land Corporation Announces First Quarter Results and Record Water Segment Revenues • Business Wire • 05/08/2024 08:15:00 PM
- Texas Pacific Land Corporation Sets Dates for First Quarter 2024 Earnings Release and Conference Call • Business Wire • 04/18/2024 08:15:00 PM
- Texas Pacific Land Corporation Announces Three-for-One Stock Split • Business Wire • 03/07/2024 11:08:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 10:26:34 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/28/2024 12:30:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 12:30:17 PM
- Delaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders’ Agreement • Business Wire • 02/27/2024 12:00:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/21/2024 09:23:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 09:20:15 PM
- Texas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 Results • Business Wire • 02/21/2024 09:15:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM