Texas Pacific Land Trust (TPL) is one of the largest landowners in Texas, holding some of 900,000 surface acres of the Permian Basin. The Trust also holds approximately 455,000 non-participating royalty interest acres concentrated in West Texas.
The Trust is controlled by three trustees. One of the trustee seats opened after Maurice Meyer III resigned in February. Meyer died a month later. Trustees are appointed until death, or resignation - essentially a lifetime appointment. Two candidates have been put forward to fill the position. The first, Eric Oliver, is supported by a consortium