These oil and gas company employees, oilfield service workers, ranchers, ranch hands, retail clerks, teachers, administrators, and other personnel depend on the Lands for their livelihoods and places of work.

In essence, the role of University Lands can be summarized in one simple phrase: Texas lands supporting Texas education. Managing the 2.1 million acres of Permanent University Fund (PUF) Lands is a substantial undertaking involving overseeing some 10,000 miles of pipelines, thousands of oil and gas leases covering nearly 1.6 million acres, hundreds of oil and gas companies, nearly 4,000 easements, more than 1,000 commercial leases, daily deposits and reports to the Texas Comptroller, and 14,000 regulatory and related documents uploaded (2014).

Read the full report at: http://www.utlands.utsystem.edu/Posts/Document/economic-impact