Texas Pacific Land agrees to supply land and water to Chevron power project
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Texas Pacific Land Corporation Announces Agreement to Provide Land and Water Solutions to Chevron for a Large-Scale Power Project
June 23, 2026 9:33 AM EDTDALLAS--(BUSINESS WIRE)-- Texas Pacific Land Corporation (NYSE: TPL) (TPL) today announced an agreement with Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX) ( Chevron) to provide land and brackish water resources for Chevrons recently announced development known as Project Kilby, involving a large-scale power generation facility Chevron is developing to support a customer data center in Reeves County, Texas.
As part of the agreement, TPL contributed surface acreage in exchange for cash consideration and the exclusive right to source aquifer-derived water for the power... More
