Texas Pacific Land Corporation (TPL)

[56Chevy]

Finding ways to take advantage of the natural resources, already present on the properties, and move beyond just collecting royalties is opportunistically brilliant. I'm excited to see this water business developed.

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!

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Texas Pacific Land T (TPL)
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