Investor Presentaiton
Well-Positioned Assets Attract Increasing Development Focus
Land and Resource Management
Average Net Production (mboed)
Gross DUC Inventory(1)
TEXAS
PACIFIC
LAND CORP
Source:
Note:
(1)
5.1
3.3
2.7
1.7
8.8
13.7
16.2
18.6
21.3
2014
2015 2016
2017 2018 2019 2020 2021
2022
121
107
71
362
319
584
531
486
452
2014 2015 2016 2017 2018 2019 2020 2021 2022
Near-term Royalty Production is Supported by Robust DUC Inventory Held by Well Capitalized E&P Operators
Company data and Enverus.
TPL production growth giving effect to our portfolio of ~23,700 net royalty acres in the Permian Basin as of 12/31/22 as if it had been owned since 1/1/14.
DUCS considered to be all wells awaiting completion. DUC values shown as of period end date. Horizontal wells only.
NYSE: TPL
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