North European Oil Royalty Trust, based in Keene, New Hampshire, is a grantor trust that holds gas and oil production royalty rights in various concessions or leases in Germany. The company's contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies give it valuable royalty rights for various commodities such as gas well gas, oil well gas, crude oil, condensate, and sulfur.