University Lands putting nearly 78,000 acres of Permian Basin oil leases up for bid – Houston Business Journal – Sergio Chapa

A state agency that manages university-owned lands is placing tens of thousands of acres of oil leases in the Permian Basin and North Texas up for bid. Bids will be accepted between Aug. 20 and Sept. 19 through the EnergyNet website.

University Lands is auctioning mineral rights for 184 tracts, covering nearly 78,000 acres in Andrews, Cooke, Crane, Crockett, Culberson, Gaines, Terrell, Upton, Ward and Winkler counties, the agency announced Aug. 14.
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