EagleRock Land, LLC is a land management company that owns or controls approximately 236,000 surface acres across the Delaware and Midland sub-basins of the Permian Basin in Texas and New Mexico. The company operates a capital-light business model, monetizing its acreage by providing surface access, water resources, and infrastructure support to critical industries, primarily oil and natural gas exploration and production. EagleRock generates revenue through surface use agreements (SUAs), rights-of-way, easements, and royalties from completion and production-based activities. A significant portion of its business involves water infrastructure, including commercial water supply, produced water recycling, handling, and disposal, supported by an integrated water infrastructure system in the Midland Basin. The company also earns fees from caliche mining, topsoil provision, and pore-space leasing for wastewater disposal. By controlling vital surface rights in one of the most prolific energy-producing regions in the United States, EagleRock serves major energy producers while expanding its infrastructure to support emerging industries such as power generation and data centers.
