Standard Lithium Optioned Acreage
Project information
Type:
Royalty
Type:
Royalty
Aggregation level:
Asset
Aggregation level:
Asset
Status:
Development
Status:
Development
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Smackover Lithium (Standard Lithium / Equinor JV)
Operator name:
Smackover Lithium (Standard Lithium / Equinor JV)
Country:
United States
Country:
United States
Region:
Arkansas
Region:
Arkansas
Interest conditions:
2.5% gross royalty on lithium revenues. Covers approximately 35,000 gross acres of brine leases in the Smackover Formation in Arkansas outside the Evergreen Brine Unit. Standard Lithium exercised its option to acquire the lithium rights in October 2023. Smackover Lithium (SWA), a joint venture between Standard Lithium and Equinor, expects first production in 2028.
Description
TETRA retained a 2.5% gross royalty on lithium extracted from approximately 35,000 gross acres of its Arkansas brine leases optioned to Standard Lithium. Operated by Smackover Lithium, a joint venture between Standard Lithium and Equinor. First production targeted for 2028.
Royalty interests
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.