LandBridge Company LLC owns approximately 273,000 surface acres across Texas and New Mexico, located primarily in the heart of the Delaware sub-basin in the Permian Basin, an active region for oil and natural gas exploration and development in the United States. The Company actively manages its land and resources to support and encourage oil and natural gas production and broader industrial development. It owns surface acreage in the Delaware Basin across Andrews, Loving, Reeves, Pecos and Winkler Counties in Texas and Eddy and Lea Counties in New Mexico and owns oil and natural gas mineral interests in the Delaware Basin in Loving and Reeves Counties, Texas.