# Who are Texas Pacific Land Corporation's customers? Who does Texas Pacific Land Corporation earn revenue from?
Canonical: https://valuechain.wiki/texas-pacific-land · Facet: customers · Updated: 2026-09-24T05:21:59.167826+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Texas Pacific Land Corporation's confirmed revenue counterparties include Chevron Corporation, ExxonMobil, Diamondback Energy, Inc.. Per the valuechain.wiki graph: 3 revenue edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-09-24).

### 셰브론 (high)  → /chevron.md
- metric: Contract value $43M · payments through 2046 · Aggregate consideration for the Project Kilby land sale
- note: TPL provides land and brackish-water resources for Chevron's Project Kilby in Reeves County. The land consideration is $42.5 million, and TPL also secured an exclusive right to source aquifer-derived water for the project.
- [confirms] SEC EDGAR (EN, filing, published 2026-08-05) https://www.sec.gov/Archives/edgar/data/1811074/000181107426000058/tpl-20260630.htm: "We sold land for aggregate consideration of $42.5 million."
- [confirms] Maeil Business Newspaper (KO, news, published 2026-06-24) https://www.mk.co.kr/news/stock/12081543: "TPL provided surface acreage for cash consideration and secured the exclusive right to supply aquifer-derived water to the project."

### 엑슨모빌 (high)  → /exxonmobil.md
- metric: Market share 45% · 2024 royalty acquisition · ExxonMobil-operated share of net royalty acres acquired in 2024
- note: ExxonMobil operates about 45% of the net royalty acres TPL acquired in 2024. Production on that acreage generates oil and gas royalty revenue for TPL.
- [confirms] Arya's Substack (EN, analysis, published 2025-04-16) https://aryadeniz.substack.com/p/deep-dive-texas-pacific-land-corp: "TPL’s recent Midland Basin royalty acquisition had ExxonMobil and Diamondback Energy as the top operators."
- [confirms] SEC EDGAR (EN, filing, published 2024-10-02) https://www.sec.gov/Archives/edgar/data/1811074/000110465924105465/tm2425454d1_ex99-2.htm: "Top operators include ExxonMobil (~45% of total NRAs)."

### 다이아몬드백 에너지 (high)  → /diamondback-energy.md
- metric: Market share 21% · 2024 royalty acquisition · Diamondback-operated share of net royalty acres acquired in 2024
- note: Diamondback Energy operates about 21% of the net royalty acres TPL acquired in 2024. Production volumes and realized prices on this acreage feed TPL's royalty revenue.
- [confirms] SEC EDGAR (EN, filing, published 2024-10-02) https://www.sec.gov/Archives/edgar/data/1811074/000110465924105465/tm2425454d1_ex99-2.htm: "Diamondback (~21% of total NRAs)."

Reverse side: https://valuechain.wiki/texas-pacific-land/suppliers.md · Ripple: https://valuechain.wiki/texas-pacific-land/ripple.md

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