Natural Resources

Responsibly Managing Natural Resources

We maximize the value of our natural resources while maintaining our core commitment to stewardship.

Our natural resources include about 75,000 acres of timberland and undeveloped land, principally in Georgia, Alabama and Texas, which we have determined is non-core and are pursuing an opportunistic exit. In addition, we own over 523,000 net acres of oil and gas mineral interest, principally in Texas, Louisiana, Alabama and Georgia. We have an interest in the groundwater rights to nearly 1.5 million surface acres, including a 45% royalty interest in potential commercial groundwater production from nearly 1.4 million surface acres, located principally in East Texas.