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 I LLC.



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