A Long-Term Perspective
OUR COMPANY
Desert Royalty Company (DRC) is an oil and gas investment company specializing in the acquisition of minerals and royalties.
Since our founding in 1990 by Kyle Stallings and Buddy Gieb, DRC has established a strong track record of identifying and capturing value in the mineral market—regardless of industry cycles, commodity pricing, or competitive pressures.
From the outset, DRC has prioritized long-term ownership over short-term strategies focused on quickly selling acquired assets. This approach enables us to make competitive, disciplined investments in properties with enduring value and future development potential.
We focus on assets with quality production today and meaningful upside for tomorrow. Our long-term investment philosophy has provided stability, allowing us to navigate the inherent volatility of the industry while continuing to grow and perform across market cycles.
OUR ACQUISITIONS
We view it as a privilege to help mineral owners achieve their goals through divestments or strategic partnerships. Our focus extends well beyond the initial transaction—we aim to build relationships that endure over time. A significant portion of our acquisitions have come through repeat transactions and referrals, reflecting the trust we strive to earn in every transaction.
OUR TEAM
DRC has been based in downtown Midland since its inception in 1990, and many of us were born and raised here. We count a lot of our friends, family and neighbors among the minerals owners, industry partners and investors with whom we do business.
Founder & Chief
Executive Officer
Kyle Stallings
K.C. Stallings
President
Eric Deshan
Vice President
Chief Financial Officer - Controller
Tricia Seth
Chief
Accounting Officer
Joe Lewis
Director of
Acquisitions
Strother Simpson
Seth Burt
General Counsel
Partnership
Manager
Whitney Good
RL, Mineral
Acquisitions
Jacob Bradford
Mineral
Acquisitions
Ben Griffin
Phebe Blaylock
Geologist
Mary Jane Gibbs
RL, Division
Order Manager
Internal Operations Manager
Martin Ramirez
Asset Manager
Dan Thacher
Asset Manager
Tyler Stallings
Accounting
Administrative
Assistant
Latasha Betts
Assistant
Controller
Janel Burton
Accounting Administrative Assistant
Yolanda Roberson
Corrie VanWinkle
Executive Assistant to Kyle Stallings
Receptionist
Karla Long
Meredith Bowden
Executive Assistant – Land, Legal, & Acquisitions
OUR INVESTORS
The Desert Partners funds were initially formed with a close network of family and friends and have grown organically through referrals and trusted relationships. Today, a significant majority of DRC investors have participated in multiple funds, reflecting a high level of confidence in our strategy and performance. Notably, over 90% of the living investors from the original Desert Partners fund have continued to invest with DRC for nearly 30 years, spanning eight successive funds—demonstrating the durability of our relationships and the consistency of our investment approach.
OUR FUNDS
Our funds are designed to acquire long-term, generational assets, and they’re managed accordingly. Careful stewardship and wise administration of these assets have been our top priorities since the first mineral fund in 2001. While Desert Partners funds have historically delivered excellent annual returns, our management of these funds focuses on long-term value.
OUR INVESTORS
Our investor base is one of DRC’s greatest strengths. We are fortunate to partner with a loyal group of investors who share our long-term vision, enabling us to pursue disciplined, patient investment strategies. As a result, our partnerships have built ownership in some of the most sought-after positions across premier basins—reflecting both the quality of our investments and the consistency of our approach.