Covenant Royalties (CR) is a mineral and royalty acquisition firm backed by a group of Texas family offices. At our core, we’re Texas families doing business with other Texas families. We pride ourselves in honest outcomes and fair dealings. Covenant’s management has an extensive and successful history of acquisitions and divestitures in the Permian Basin, and launched Covenant Royalties V76, LP (CRV76) in fall of 2020 as the firm’s current acquisition fund.

CR primarily targets Permian prospects in both the Midland and Delaware Basins of Texas and New Mexico, and we have a secondary acquisition strategies in other basins across the continental US. Emerging form the COVID collapse, CR posted significant transaction activity in 2021 culminating in attractive returns that outpaced projections. CR’s robust team continues to actively build its deal pipeline, amassing data, leveraging proven relationships, and strategically acquiring despite market volatility.

CR is nimble and versatile with a proven, systematic approach that has resulted in over 200 successful transactions for roughly $200mm in value. That demonstrated knowhow allows us to make offers and close quicker than our competitors. We utilize proven analytics to target buy areas, evaluate prospects, and acquire mineral and royalty interest while working directly with mineral and royalty owners to improve the speed and quality of our deals. We diligently strive for clarity and transparency at each step in the process, providing succinct, time-tested documentation sellers can easily absorb and understand. We are happy to work with a family’s legal, tax, and financial planning advisors to ensure the deal is structured clearly, properly, and tax efficiently. Our goal is to create opportunities where everyone wins, which requires putting the best interests of the mineral owners first to ensure a successful close.