Business Description
Permian Basin Royalty Trust is a Dallas-based company established in 1980 that earns income from oil and gas royalty interests across Texas. It holds a 75% net overriding royalty in the Waddell Ranch properties in Crane County and a 95% net overriding royalty across roughly 125 separate interests spanning about 51,000 net-producing acres in 33 Texas counties. These holdings cover a wide range of well-known producing fields throughout the state.
