The Texas General Land Office earns money for the Permanent School Fund (PSF). One of its primary responsibilities is leasing the state's vast land and mineral holdings for energy and mineral development with the proceeds going into the PSF to help finance K-12 education in Texas. Since 1854, the PSF has grown into one of the world's largest endowment funds for education.
State lands dedicated to the PSF include 13 million acres, approximately 68 percent of the state land and mineral rights that the Land Office manages. Roughly four million acres of that portfolio are submerged lands, including the bays, lakes, islands, bayous, and the Gulf of Mexico out to the Three Marine League Line (10.3570 miles). Several other land classes exist: the beds of navigable rivers and creeks account for approximately 1 million acres; State Fee lands include 1,064,173 acres; Relinquishment Act lands account for 6,322,989 acres; and Free Royalty acreage totals 819,120. Learn More
Oil and Gas Rights
Permitting and leasing of oil and gas development on state lands generate more revenue than any other source of income for the Permanent School Fund and the schoolchildren of Texas. Management of these assets represent the core responsibility of the Texas General Land Office. Learn More
The Land Office also sells natural gas and electricity to schools, agencies and other public customers. This unique program allows public customers to save money on gas and electricity, while earning revenue for the Permanent School Fund. Learn More
Harnessing Natural Power
Also, the Land Office is actively marketing state lands for the development of renewable energy, including wind, solar and geothermal energy. With oil and gas production expected to decline, these sustainable sources of energy help strengthen and diversify the Permanent School Fund. Learn More