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