Quarterly report pursuant to Section 13 or 15(d)

Oil and Gas Royalty Interests (Tables)

v3.23.1
Oil and Gas Royalty Interests (Tables)
3 Months Ended
Mar. 31, 2023
Real Estate [Abstract]  
Schedule of Royalty Interests
As of March 31, 2023 and December 31, 2022, we owned the following oil and gas royalty interests (in thousands):

March 31,
2023
December 31,
2022
1/16th nonparticipating perpetual royalty interests $ —  $ — 
1/128th nonparticipating perpetual royalty interests —  — 
Royalty interests acquired 47,928  47,928 
Total royalty interests, gross 47,928  47,928 
Less: accumulated depletion (3,208) (2,903)
Total royalty interests, net $ 44,720  $ 45,025