Operated by Office of Business Affairs, The University of Texas System, University Lands manages the Permanent University Fund Lands and Trust Minerals. Based in Midland, Texas, the organization renders a range of development services. It functions through divisions, such as Surface Interests, Mineral Interests, and Accounting and manages industry leases, transfers of ownership as well as oil and gas contracts in the area. Besides, University Lands is involved in the commercial production of wind power.
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