Mesa Royalty Trust
Mesa Royalty Trust
Mesa Royalty Trust is a trust established to hold royalties from oil and gas production. It is primarily involved in the management and distribution of income derived from overriding royalty interests in a variety of producing properties located in the United States. The trust's main purpose is to collect revenue from these interests and distribute the net proceeds to its unit holders. Its royal interest spans across significant production regions such as the San Juan Basin in New Mexico and Colorado and the Hugoton field in Kansas, making it an integral part of the energy sector. Mesa Royalty Trust stands out in the market as a vehicle that provides investors with direct exposure to revenues generated from oil and gas assets, thereby playing a critical role in diversifying investment portfolios with an emphasis on natural resource income streams. Established in 1979, the trust functions as a passive entity, meaning it does not actively manage the properties or engage in the drilling process, focusing solely on income distribution from existing wells.
WebsiteCompany Information
Location
601 Travis Street
Houston, TX, 77002
United States