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LandBridge owns and manages extensive surface acreage in the Delaware Basin, supporting energy and infrastructure development. It generates revenue through surface use royalties, resource sales, and oil and gas royalties, primarily from leasing land to exploration and production companies. The company actively develops land for diverse uses, including water handling, renewable energy, and industrial projects, leveraging strategic partnerships and a fee-based, low-capital business model.
This description was generated via AI from an annual report. Updated about 1 year ago.