Inside university lands: Leasing criteria and operator insights

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At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, and Maryam Schellstede, SVP, Planning and Development, University Lands, discussed their leasing process. For subsurface leases, decisions are based on technical evaluations, market trends, and royalty rates. For surface leases, they prioritize the company’s reputation, financial stability, and environmental stewardship. University Lands also focuses on sustainability, requiring operators to follow best practices like water recycling and spill prevention. They have been involved in renewable energy for years, with leases for wind and solar, and are exploring emerging technologies like geothermal and carbon capture. Their vast land holdings make them well-positioned for future energy developments, prioritizing long-term operator stability.

About ADI Analytics

ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.

We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.


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