Texas Pacific Land Corporation Quarterly report pursuant to Section 13 or 15(d)

Real Estate Activity

3 Months Ended

Mar. 31, 2022

As of March 31, 2022 and December 31, 2021, TPL owned the following land and real estate (in thousands, except number of acres):


	March 31, 2022			December 31, 2021
	Number of Acres	Net Book Value		Number of Acres	Net Book Value
Land (surface rights) (1)	823,445	$	—	823,452	$	—
Real estate acquired	57,146	109,083		57,129	109,071
Total real estate situated in Texas	880,591	$	109,083	880,581	$	109,071

(1)Real estate assigned through the 1888 Declaration of Trust.

There were no significant land sales or acquisitions for the three months ended March 31, 2022.