For institutional investors

Mineral portfolios at scale
require infrastructure.

RoyaltyMetrix is the co-managed portfolio intelligence and audit layer for institutional mineral ownership. We help mineral funds, aggregators, and sophisticated investors turn post-close mineral operations into a scalable system: records centralized, revenue validated, issues tracked, recoveries pursued, and reporting produced at portfolio scale.

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BPX ENERGY · OWNER STATEMENT API 42-329-#####
2022-09 GRIMES ST 12-34 1H $ —,———.——
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2023-01 GRIMES ST 12-34 1H —
2023-02 GRIMES ST 12-34 1H —
2023-03 GRIMES ST 12-34 1H —
2023-04 GRIMES ST 12-34 1H —
2023-05 GRIMES ST 12-34 1H —
2023-06 GRIMES ST 12-34 1H —
no pay
for 9 months
Revenue w/ clawbacks · 24 months
Cumulative
↑ across all operators and basins
Jan 2024Dec 2024
Claim · drafted
Awaiting signature
Ready for client review
The operating gap

Acquisitions get due diligence.
Portfolios need discipline.

The underwriting model assumes clean ownership, accurate payments, enforceable lease terms, and timely reporting. But after close, the work becomes operational: division orders, suspense, deductions, operator variance, lease obligations, new wells, reporting, and claim workflows. Manual processes do not scale. We provide the platform-enabled capability layer that protects the economics after the asset is acquired.
What institutions get

A platform-enabled operating layer for mineral portfolios.

01

System of record across portfolios.

We centralize ownership, wells, operators, leases, documents, and revenue into a structured portfolio record that can scale across hundreds or thousands of interests.
02

Revenue integrity and audit analytics.

We monitor royalty payments for variances, lease compliance issues, deduction anomalies, prior-period adjustments, suspense, and missing revenue.
03

Exception-based workflow.

Claims, operator follow-ups, title issues, lease calendars, and production anomalies move through a managed workflow: visible, assigned, tracked, and reportable.
04

Investor-grade reporting.

We produce reporting that makes mineral performance legible to investment committees, LPs, auditors, and internal teams, with the underlying evidence available behind every number.
Why exclusively owners

One side of the table. Every time.

Every other participant in the mineral royalty economy is paid by someone — the operator, the aggregator buying the interest, the platform charging a subscription, the broker taking a commission. Those relationships shape whose interests get prioritized when the calculations get complicated, which is most of the time. RoyaltyMetrix has made a structural choice: we work for mineral owners, and for no one else who touches the asset. No operator engagements. No referral fees from buyers or platforms. No revenue sharing with vendors whose products our clients use. The consequence is simple — when we tell you what the statement missed, or whether an offer is fair, there is no quiet third party whose interests we’re also trying to serve.

How it works

Onboard. Validate. Monitor. Scale.

Step 1

Portfolio Intake

We ingest and structure the portfolio record: ownership, wells, leases, operators, statements, and documents.
Step 2

Baseline Audit

We establish the revenue baseline, identify historical variances, and quantify recovery opportunities where the data supports them.
Step 3

Ongoing Monitoring

We monitor new payments, new wells, lagging production, lease obligations, deductions, and open operator issues.
Step 4

Reporting & Workflow

We deliver monthly portfolio intelligence and keep claims, exceptions, and recoveries moving through a documented workflow.
Engagements can be structured as audit-first, management-first, or as a scoped operating layer alongside your existing team.
What you receive

Portfolio intelligence at scale.
Built into the operating cadence.

Monthly Performance Review · Sample Excerpt
Institutional mineral portfolio: Monthly Performance Review

This month’s portfolio review reconciled royalty income across operators, products, and reporting periods against expected production and variance thresholds.

Open exceptions include deduction review for Operator A, suspense follow-up on a new well group, and lease obligation tracking across the active development calendar.

Recoveries, claim status, and operator responses are updated in the workflow tracker and reflected in the portfolio dashboard.

— Portfolio Manager · Senior Auditor
Sample language shown for demonstration. Actual reporting is customized to the fund, aggregator, or investor reporting stack.
Net royalties · period
Reconciled across stack
Operator · well · product · period
Active recoveries
Tracked in workflow
With status and next action
Coverage
Portfolio-wide monitoring
Across operators and basins
A scalable view of portfolio risk:
Operator variance FLAG
Deductions REVIEW
Suspense TRACK
New wells MONITOR
Claims ACTIVE
Reporting EXPORT
Risk surface monitored continuously across the portfolio.
The operating thesis

Revenue scales. Headcount should not have to.

Record

At scale, across every major U.S. basin.

1.9M
Gross mineral acres monitored
19,726
Producing wells
$1.5B
Audited to date
Exclusive
Owners only — never operators
Acres and wells reflect assets under current monitoring. Audited figure is cumulative across work performed since 2019, continued under RoyaltyMetrix. Past results do not guarantee future outcomes.
About us

Led by data scientists and E&P professionals. Staffed by discipline.

RoyaltyMetrix is a specialist firm representing mineral owners exclusively — never operators, never both. Each engagement is assembled around the disciplines the work requires: revenue audit, title and division orders, lease review, claims management, reporting, and the data infrastructure that makes continuous oversight possible. A named engagement lead serves as the client’s single point of contact throughout the relationship.

Pablo Bressan
Founder & Managing Principal
Former operator and E&P professional. Leads firm strategy, audit engagements, and the client relationship through every phase.
Hector Rubio
Data Science & AI Lead · Co-founder
Builds and leads the firm’s analytical and AI infrastructure — the systems that make continuous portfolio oversight possible at the scale we operate.
Miki Goodger
Title, Division Orders & Lease Lead
Lease review, division-order reconciliation, and title research across every engagement. The document authority behind every finding.
Milagros Yi-Con
Finance & Operations Lead
Financial reconciliation, claims workflow, and firm operations. Multi-continent finance and compliance background in the E&P industry.
Flavio di Berardino
Lead Data Engineer
Builds and maintains the data pipelines, integrations, and platforms that power every client engagement.
Orlando Castillo
Advisor & Investor · Co-founder
Advises the firm on business development, strategic partnerships, and long-term positioning.
The firm is building an Advisory Board of industry leaders with deep expertise in oil & gas operations, mineral investment, and fiduciary practice. Announcements forthcoming.
Based in Austin, Texas. Active monitoring across every major U.S. basin.
Who we serve

Institutional investors with mineral exposure and operational complexity.

— Mineral funds, aggregators, family offices, and institutional buyers managing multi-operator portfolios.
— Lean teams that need a specialized capability layer rather than another internal function.
— Portfolios where MineralWare, MineralSoft, spreadsheets, or custom systems do not fully solve audit, recovery, and reporting workflows.
— Investors who want post-close operations to be as disciplined as acquisition diligence.
For institutions with mature in-house mineral operations, we may serve as a targeted audit or workflow layer rather than full co-management.
Questions institutions ask

FAQ

For new clients without an existing mineral system, our platform can replace the need to contract separately with those tools. For clients already using them, we can work alongside the existing stack and add the audit, workflow, and reporting layer.

It is a platform-enabled co-management model. The platform standardizes data, workflows, monitoring, and reporting; the RoyaltyMetrix team applies judgment, audit discipline, and recovery execution on top of it.

Incremental portfolios should require minimal incremental labor. The system handles record structure, monitoring, exception tracking, and reporting, while specialists focus on issues that require judgment.

Yes. We can produce portfolio-level narratives, variance detail, claim status, and exportable data that fit into the reporting package investors already expect.

We come in after diligence to operate the asset: onboarding, revenue validation, lease and division order tracking, claims, recoveries, monitoring, and reporting.

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