Burk Royalty

What Burk Royalty does

Burk Royalty Co., Ltd. is a privately held, family-office backed exploration and production (E&P) company founded in 1927 and headquartered in Wichita Falls, Texas. The company acquires and develops producing oil and gas properties, with a strategic emphasis on PDP-heavy (proved developed producing) assets across multiple basins including the Central Basin Platform, Northwestern Shelf, North Central Texas, East Texas Basin, Texas and Oklahoma Panhandle, Southern Oklahoma, Mid-Continent, and since 2023 the Powder River Basin. The business is controlled by the Kimbell family (fourth generation), with day-to-day management led by President and CEO David Kimbell Jr. and a bench of experienced operating, engineering, geoscience, land, and finance executives drawn from majors and PE-backed independents. Operationally, Burk combines conventional vertical and horizontal development, waterflood optimization, and bolt-on infrastructure consolidation, supported by an affiliated well-servicing subsidiary (Viva Energy Services, jointly controlled).

The company's customers are royalty and mineral interest owners and working interest owners, who receive revenue distributions and JIB statements through direct deposit (ACH), paper checks, and a free Owner Relations web portal. Burk does not market a product or service in the traditional sense; rather, it earns revenue from oil and gas production on acquired and developed properties and distributes net proceeds according to ownership interests, processing payments twice per month and JIB statements within five business days of month-end. The business model is relationship-driven, with acquisitions sourced through long-standing operator relationships (Walsh Petroleum since 1999, Jonah Energy since 2025) and direct asset purchases from a wide range of private sellers. Since 2020, Burk has executed 18 or more acquisitions, including notable transactions with Slant Energy, Rocker A Operating, Urban Oil & Gas, Bennett Energy, Ergon, Navidad, Manzano/Steward, Nitro Oil & Gas, AC Operating, and Scout Energy (with Jonah Energy), reflecting an aggressive, multi-basin consolidation strategy funded by family-office capital.

Name

Burk Royalty

Legal name

Burk Royalty Co., Ltd.

Website

https://burkroyalty.com

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

101–250 employees

Short description

Burk Royalty Co., Ltd. is a Wichita Falls, Texas-based, family-office backed E&P company that acquires and develops producing oil and gas properties across multiple U.S. basins, distributing revenue to royalty and working interest owners.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration and Production

NAICS

Oil and Gas Extraction (211), Crude Petroleum Extraction (21112), Natural Gas Extraction (211130)

SIC

Crude Petroleum & Natural Gas (1311), Mineral Royalty Traders (6795), Oil Royalty Traders (6792)

akta.pro primary industry

Mineral Rights, Leasing & Land Management (EUALAAAB)

akta.pro secondary industry

Real Assets — Oil & Gas / Energy Royalties (Mineral Rights, Midstream Royalties) (FSAHAIAL)

Keywords

• Oil and gas exploration
• Oil and gas production
• Mineral rights management
• Royalty interest management
• Upstream acquisitions

Headquarters

HQ city

Wichita Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Oil and Gas Production Revenue: Burk Royalty generates revenue from oil and gas production on acquired and developed properties. Revenue is distributed to royalty owners and working interest owners based on ownership interests. Payments are processed twice per month, with direct deposit options available for owners with accounts accruing $10 or more, and check payments for accounts accruing $100 or more.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Burk Royalty is a family-office backed oil and gas exploration and production (E&P) company that acquires and develops producing properties across the Central Basin Platform, Northwestern Shelf, North Central Texas, East Texas Basin, Oklahoma, and Wyoming. It operates wells on behalf of itself and working interest partners, maximizes cash flow to mineral and royalty owners, and administers revenue distribution through a free Owner Relations portal, ACH direct deposit, and paper check payments. The company also manages joint interest billing and division order execution for its partners and ownership base.

Product overview

Burk Royalty Co. is a family-office backed E&P (Exploration & Production) company rather than a traditional software product company. Its primary offerings consist of oil and gas exploration and production operations, and the Owner Relations Portal — a web-based portal for mineral and royalty owners to manage their account information and receive distributions. The company focuses on acquiring and developing producing properties across multiple Texas and Oklahoma basins.

Differentiator

Problem solved

Functional benefit

Products and services

• Owner Relations Portal Web-based portal for royalty and working interest owners to access mineral ownership information, view account details, and contact the Burk Royalty team. Offered free of charge to owners.
• Oil and Gas Exploration and Production (E&P) Operations Acquisition and development of producing oil and gas properties across the Central Basin Platform, Northwestern Shelf, North Central Texas, East Texas Basin, Oklahoma, and Wyoming; creates value by developing legacy and greenfield assets with emphasis on maximizing cash flow to owners.
• Joint Interest Billing (JIB) Statement Administration Monthly preparation and electronic delivery of Joint Interest Billing statements to working interest owners, viewable and printable free of charge through the EnergyLink secure site.
• Royalty Revenue Distribution (ACH Direct Deposit and Check) Twice-monthly distribution of oil and gas revenue to royalty and working interest owners via ACH direct deposit (U.S. bank accounts only) and paper checks, free of charge to owners.
• Division Order and Ownership Change Administration Administrative processing of division orders and ownership changes (assignments, estates, trusts, name changes) for royalty and working interest owners, supporting the chain of title recorded in the county/parish where the property is located.

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Seven partnerships are on record, tiered core and minor.

• Jonah EnergycoreStrategic or Co-development Partner · 1 April 2026Burk Royalty partnered with Jonah Energy to acquire Scout Energy's Texas & Oklahoma panhandle upstream and midstream assets in April 2026. This represents a significant partnership for acquiring producing properties in the region.
• AC OperatingminorOthers · 1 October 2025Acquired AC Operating's S. Trimue Waterflood in October 2025, integrating with existing footprint in Southern Oklahoma.
• Jonah Energy (High Plains Natural Resources)coreStrategic or Co-development Partner · 1 January 2025Burk Royalty partnered with Jonah Energy in High Plains Natural Resources to acquire legacy Manzano & Steward Energy assets in Yoakum & Lea Counties in January 2025. The bolt-on San Andres position offsets Burk's Brahaney waterflood and horizontal position which BRC has operated and developed with various partners since 1999.
• Ergon, Inc.coreOthers · 1 August 2024Acquired Ergon’s Upstream and Gas Gathering assets in the Brookeland Austin Chalk field in Tyler County, Texas in August 2024. This acquisition established Burk's upstream and infrastructure footprint in the Brookeland Field.
• Walsh PetroleumcoreStrategic or Co-development Partner · 1 September 2020Long-term partnership with Walsh Petroleum (WPI). Burk first partnered with WPI to purchase the West Brahaney WFU in 1999 and has been active alongside WPI in its horizontal San Andres department since 2013. In October 2021, Burk acquired Walsh Petroleum's Yoakum County San Andres assets and consolidated these assets and field staff to Burk's operatorship.
• Stakeholder MidstreamminorChannel Partner/ Reseller/ Distributor · 1 September 2020Divested select oil & gas gathering infrastructure in Yoakum County to Stakeholder Midstream in September 2020. Burk and its partner Walsh Petroleum built the system in 2016 & 2017 as part of its broader horizontal San Andres development program.
• Viva Energy ServicescoreOthersDavid Kimbell Jr. serves as Chairman of the Board of Managers of Viva Energy Services, an affiliated well servicing and plugging company based in Odessa, Texas. Viva operates 30+ well servicing rigs, a trucking division, down hole and fishing division, and plugging division.

Scale indicators1 record

Recent moves7 records

Expansion highlights6 records

Direct peers

• Walsh Petroleum: Texas-based private E&P with overlapping conventional San Andres focus in Yoakum County. Walsh has been Burk's longest-standing partner since 1999, including the West Brahaney WFU and horizontal San Andres development, and ultimately sold its Yoakum County San Andres assets to Burk in October 2021.
• Jonah Energy: Private upstream operator and Burk's strategic co-development partner in High Plains Natural Resources. The two jointly acquired Manzano/Steward assets (Jan 2025) and Scout Energy's Texas & Oklahoma panhandle upstream and midstream assets (April 2026).
• Slant Energy: Private E&P focused on Texas conventional assets. Slant has been both a counterparty (Burk acquired its Conger field in Jan 2022 and Wichita/Wilbarger/Archer assets in April 2022) and a talent source (VP Business Operations Sean Gill came from Slant).
• Legacy Reserves: PDP-focused upstream operator in the Permian and Mid-Continent. Burk acquired Legacy Reserves' East Texas operated and non-operated assets in April 2021, indicating highly overlapping acquisition strategy and basin exposure.
• Urban Oil & Gas: Private E&P with conventional assets in Oklahoma, Texas Panhandle, and Kansas. Burk acquired Urban's properties in December 2023 to establish its 'Mid Con' district, reflecting directly comparable PDP acquisition strategy.
• Scout Energy Partners: Private E&P whose Texas & Oklahoma panhandle upstream and midstream assets were acquired by Burk and Jonah Energy in April 2026. Directly comparable PDP-heavy conventional acquisition approach in overlapping geographies.
• Headington Energy Partners: Private oil and gas operator; Burk VP of Corporate Development Brian Lanier was previously a reservoir engineer at Headington. Comparable conventional-focused operating profile in Texas.

Emerging players

• Tailwater Capital: PE firm with E&P portfolio (Tailwater E&P). Brian Lanier served as Director of Engineering for Tailwater's in-house technical group before joining Burk in 2022. Comparable Texas-focused conventional strategy via PE-backed vehicle.

Broad incumbents

• XTO Energy: ExxonMobil subsidiary and the largest US unconventional natural gas producer. Overlaps Burk in Texas and Mid-Continent basins, with much broader unconventional and midstream capability; recruits from similar geoscience talent pool.
• Diamondback Energy: Large public Permian Basin operator with overlapping Central Basin Platform and Midland Basin exposure where Burk operates the Brahaney, Conger, and Yoakum County positions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Burk Royalty