# Texas Pacific Land Trust ( TPL ) 14,000 acres sold
**URL:** https://www.mineralrightsforum.com/t/texas-pacific-land-trust-tpl-14-000-acres-sold/37576
**Category:** General Mineral Rights Discussion
**Created:** [November 29, 2018, 6:19am UTC](https://www.mineralrightsforum.com/t/texas-pacific-land-trust-tpl-14-000-acres-sold/37576 "2018-11-29T06:19:37Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Fowler](https://www.mineralrightsforum.com/u/Fowler)
#### Post date: [November 29, 2018, 6:19am UTC](https://www.mineralrightsforum.com/t/texas-pacific-land-trust-tpl-14-000-acres-sold/37576/1 "2018-11-29T06:19:37Z")
Does anyone have any info on this deal where Texas Pacific Land Trust sold 14,000 acres to an unnamed party? I am wondering if anyone is aware of who purchased such a large section of land.
[https://www.sec.gov/Archives/edgar/data/97517/000009751718000028/form8-k112118.htm](https://www.sec.gov/Archives/edgar/data/97517/000009751718000028/form8-k112118.htm)
Thanks.
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### Author:  [@Reeves\_Rancher](https://www.mineralrightsforum.com/u/Reeves_Rancher)
#### Post date: [November 29, 2018, 2:57pm UTC](https://www.mineralrightsforum.com/t/texas-pacific-land-trust-tpl-14-000-acres-sold/37576/2 "2018-11-29T14:57:12Z")
Note that the sale is for surface only, no minerals. The purchase price is mindblowing though. $100,000,000? That is over $7,000 an acre just for surface? I am guessing this transaction has something to do with water?
Here is a map of the holdings, these are the old Texas Pacific Railroad holdings, they probably sold the checkerboarded area that straddles the Reeves County/Loving County line.
[TPLT Holdings](https://static.seekingalpha.com/uploads/2016/8/3/19131241-14702516214587498_origin.png)
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### Author:  [@Fowler](https://www.mineralrightsforum.com/u/Fowler)
#### Post date: [November 29, 2018, 6:06pm UTC](https://www.mineralrightsforum.com/t/texas-pacific-land-trust-tpl-14-000-acres-sold/37576/3 "2018-11-29T18:06:45Z")
Thanks.
Your guess is a good one of the location of the sale. As I understand it, the checkerboard squares consist of 640 acres. That would mean they sold 21 squares. That would account for the area you mentioned and a little more probably SW and NE of it.
TPLT has a water company now. I am not sure why they would sell a corridor like that unless a pipeline operator wanted the pathway.
TPLT said the proceeds will go to a land acquisition in another area in the filing.
Thanks for the help.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:19pm UTC](https://www.mineralrightsforum.com/t/texas-pacific-land-trust-tpl-14-000-acres-sold/37576/4 "2025-01-11T19:19:40Z")