North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in concessions or leases in the Federal Republic of Germany. It holds these rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. The company holds royalty rights for the sale of gas well gas, oil well gas, crude oil, distillate, and sulfur. North European Oil Royalty Trust was founded in 1975 and is based in Red Bank, New Jersey.