Official newspaper of The University of Texas at Austin

The Daily Texan

Official newspaper of The University of Texas at Austin

The Daily Texan

Official newspaper of The University of Texas at Austin

The Daily Texan

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October 4, 2022
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Here comes the Boom

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Zachary Strain

Oil Pumpjack, Midland, TX

A technology-driven oil boom in the Permian Basin is changing the nature of the 2.1 million acres of University Lands, which will pull in an estimated $1 billion this year. On the heels of a $70 million lease sale Wednesday, The Daily Texan examines the myriad operations on the land and how the West is changing.

Read more in depth about UT and oil issues: 

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


Cheap leases may provide revenue

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

Path to University Lands success includes many failed ideas

Research on hydraulic fracturing continues as UT adapts new disclosure guidelines

Groups struggle to preserve habitat of West Texas lizard

Drought, oil indsustry take a toll on University Lands ranchers

University Lands, legislature and regulators mull water rules

We Asked… Oil and Gas

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Here comes the Boom