Area Contract for Development Opportunities in Central Basin Basin
Oil & Gas Lease Sale 133
October 2025
In fiscal year 2024, University Lands achieved record production levels and the highest AUF revenue in its history.
Opportunity for an Area Contract for Development agreements
University Lands' Recommended Best Practices for Minimizing Emissions on PUF Lands
Funding The University of Texas System and The Texas A&M University System since 1839
University Lands is actively seeking to lease PUF Lands for renewable energy development
About University Lands
University Lands (UL) manages the surface and mineral interests of 2.1 million acres of land across nineteen counties in West Texas for the benefit of the Permanent University Fund (PUF).
The PUF is one of the largest university endowments in the United States and benefits more than twenty educational and health institutions across both The University of Texas System and Texas A&M University System.