Texas A&M system board of regents learn about an increase in revenue coming from oil and gas production on system owned land in west Texas

This podcast contains comments from the May 29, 2025 Texas A&M system board of regents business meeting from chairman Bob Albritton.In March 1996, the Texas A&M and the University of Texas systems created an investment corporation that goes by the acronym UTIMCO. For the first time, the A&M system will be getting its full share of revenue from The University of Texas/Texas A&M Investment Management Company. That's according to A&M system board of regents chairman Bob Albritton from comments he made at their May 29, 2025 business meeting.Albritton says that means an additional $200 million dollars for the A&M system.The revenue comes from the UTIMCO permanent university fund, which is based on oil and gas production on system land in west Texas.Albritton said the regents finance committee will discuss what to do with the additional money.