EXHIBIT 31.1



CERTIFICATION





I, Sarah Newell, certify that:



1.              I
have reviewed this quarterly report on Form 10-Q of Permianville Royalty Trust, for which The Bank of New York Mellon Trust Company,
N.A., acts as Trustee;



2.              Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered
by this report;



3.              Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects
the financial condition, distributable income and changes in Trust corpus of the registrant as of, and for, the periods presented in this
report;



4.              I
am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and
15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)), or for
causing such controls and procedures to be established and maintained, for the registrant and I have:



| | a) | Designed such disclosure controls and procedures, or caused such controls and procedures to be designed under my supervision, to ensure
that material information relating to the registrant, including its consolidated subsidiaries, is made known to me by others within those
entities, particularly during the period in which this report is being prepared;
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| | b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes;
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| | c) | Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report my conclusions
about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;
and
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| | d) | Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s
most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected,
or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
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5.              I
have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant’s auditors:



| | a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information;
and
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| | b) | Any fraud, whether or not material, that involves any persons who have a significant role in the registrant’s internal control
over financial reporting.
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In giving the foregoing certifications in paragraphs
4 and 5, I have relied to the extent I consider reasonable on information provided to me by COERT Holdings 1 LLC.



|Date:November 14, 2023 | /s/ SARAH NEWELL                                           
|---------------------- | -----------------------------------------------------------
|                       | Sarah Newell                                               
|                       | Vice President and Trust Officer                           
|                       | The Bank of New York Mellon Trust Company, N.A., as Trustee