SoftVest, L.P. has filed a petition for the modification of the Permian Basin Royalty Trust in Tarrant County, Texas.
The Trust was originally created in 1980 under the Permian Basin Royalty Trust Indenture and has been subject to amendments over the years.
SoftVest, L.P. is a significant beneficiary of the Trust with approximately 13.3% of the outstanding Units.
Beneficiary Details
SoftVest, L.P. is a Delaware limited partnership specializing in the ownership of oil and gas minerals. They own 6,217,107 Units of Beneficial Interest of the Trust.
Trustee Information
Argent Trust Company serves as the Trustee of the Permian Basin Royalty Trust, having taken over on December 30, 2022.
Unit Holders Overview
As of November 11, 2025, there were 46,608,796 outstanding Units held by over 25,000 Unit Holders, with the number and identities subject to daily changes.
- The petition aims to modify the Trust, which holds interests primarily in the Permian Basin in Texas.
- The Trust includes a 75% net overriding royalty from the Waddell Ranch and a 95% net overriding royalty from major producing royalty properties in Texas.
The petition for Trust modification by SoftVest, L.P. reveals significant activity surrounding the Permian Basin Royalty Trust and potential changes in its structure.