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Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of February 26, 2021, the company owned mineral and royalty interests in approximately 13 million gross acres and overriding royalty interests in approximately 4.6 million gross acres. Its mineral and royalty interests are located in 28 states and include ownership in approximately 97,000 gross producing wells, including approximately 41,000 wells in the Permian Basin. Kimbell Royalty GP, LLC serves as the general partner of the company. Kimbell Royalty Partners, LP was founded in 2013 and is based in Fort Worth, Texas.
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