University Lands held its 129th mineral lease sale online with EnergyNet.com on September 19, 2018, which resulted in ~25,000 acres of Permanent University Fund (PUF) land being leased for a total of $24,000,000 in lease bonus revenue.
University Lands' mineral revenue goes into the PUF, which benefits more than twenty health and educational instutions across the University of Texas and Texas A&M University systems. For a detailed look at the results from the lease sale, please visit http://www.utlands.utsystem.edu/OilGas/Sales.
For more information, please contact Alyssa Ray at aray@utsystem.edu.