Noble Royalties

About Noble Royalties

Noble Royalties, Inc. is a specialized energy firm that focuses on the acquisition and management of mineral and royalty interests, rather than engaging in drilling or operational activities. The company was established in November 1997 by Scott Noble, a third-generation oilman. His career in the energy sector began in 1985 at his father's exploration and production company, where he gained 12 years of comprehensive experience before identifying the market opportunity in minerals and royalties.

The firm's business model centers on acquiring valuable mineral rights, royalty interests, and overriding royalty interests (ORRI) for its own portfolio and on behalf of its clients, which include both institutional and private investors. Noble Royalties identifies and evaluates assets based on underlying geology and potential for near- and long-term cash flow. The acquisition process involves thorough due diligence, including verifying acreage, ownership, and revenue, before closing at an agreed-upon price. A significant part of its operations includes managing these assets through its affiliate, Compass Royalty Management, which handles the onboarding of interests, manages revenue distribution, and provides monthly financial statements and tax documents to clients. Another affiliated entity, Noble Capital Markets Group, consists of licensed advisors who provide services to current and prospective investors, including managing transitions between ownership structures and offering access to new investment opportunities.

Since its inception, Noble Royalties has built a substantial portfolio, with ownership interests in over 90,000 producing wells across approximately 9 million acres in 30 states. The company has managed over $1.4 billion in royalty assets alongside Compass Royalty Management and has placed over $2.1 billion in investor capital. Notable institutional partnerships have included ventures with KKR, a sale/merger involving Blackstone Group, and a strategic alliance with Apollo Global Management through its subsidiary, Belvedere Royalties LLC. The firm caters to royalty owners seeking liquidity for their assets and investors looking for exposure to oil and gas royalties through structures like Delaware Statutory Trusts (DSTs) and private placements.