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Annual report pursuant to Section 13 and 15(d)

Oil and Gas Royalty Interests (Tables)

v3.22.0.1
Oil and Gas Royalty Interests (Tables)
 12 Months Ended
Dec. 31, 2021
Real Estate [Abstract] Ìý
Schedule of Royalty Interests
As of December 31, 2021 and 2020, we owned the following oil and gas royalty interests (in thousands, except number of acres):
Net Book Value
December 31, 2021 December 31, 2020
1/16th nonparticipating perpetual royalty interests (1)
$ —Ìý $ —Ìý
1/128th nonparticipating perpetual royalty interests (2)
—Ìý —Ìý
Royalty interests acquired (3)
46,266Ìý 46,266Ìý
Total royalty interests, gross $ 46,266Ìý $ 46,266Ìý
Less: accumulated depletion (1,876) (620)
Total royalty interests, net $ 44,390Ìý $ 45,646Ìý
(1)ÌýÌýÌýÌýNonparticipating perpetual royalty interests in 370,737 gross royalty acres as of December 31, 2021 and 2020.

(2)ÌýÌýÌýÌýNonparticipating perpetual royalty interests in 84,934 gross royalty acres as of December 31, 2021 and 2020.

(3)ÌýÌýÌýÌýRoyalty interest in 4,090 net royalty acres as of December 31, 2021 and 2020.