The deal was structured through a combination of $74.9 million in cash and 9.5 million common units of Kimbell Royalty Operating, LLC, valued at $146.3 million. While the closing occurred in late August, Kimbell is entitled to all cash flow generated by the acquired assets retroactive to June 1, 2026.
Kimbell Royalty Partners Finalizes $221 Million Asset Acquisition
Fort Worth-based Kimbell Royalty Partners has completed a $221.2 million acquisition of mineral and royalty interests from affiliated sellers, marking a significant expansion of its energy portfolio across major U.S. basins. The transaction, finalized on August 21, integrates over 3 million gross acres into the company’s existing holdings.
These assets currently produce approximately 2,347 barrels of oil equivalent per day, comprising a mix of oil, natural gas liquids, and natural gas. The acquisition covers more than 29,000 gross producing wells located in high-value regions including the Permian Basin, Eagle Ford, Mid-Continent, and Appalachia. This move strengthens Kimbell’s footprint, which already spans 17 million gross acres across 28 states.
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