EXHIBIT 99.1 January 21, 2022 Mr. Max Boone Unconventional Reservoir Engineering Manager XTO Energy Inc. 22777 Springwoods Village Parkway Spring, TX 77389-1425  Re:

Underlying Properties (100%)Relating to the Cross Timbers Royalty TrustReserves and Future Net RevenuesAs of December 31, 2021SEC Price Case Dear Mr. Boone: At your request, Miller and
Lents, Ltd. (M&L) estimated the proved reserves and future net revenues as of December 31, 2021, attributable to the XTO Energy Inc. (XTO) interest in certain oil and gas properties prior to inclusion in the Cross Timbers Royalty Trust,
i.e., Underlying Properties (100%). The Underlying Properties (100%) include royalty interest and working interest properties from which net profits interests were conveyed to the Cross Timbers Royalty Trust. The properties consist of approximately
3,217 leases and 15,513 wells located primarily in New Mexico, Oklahoma, and Texas. The aggregate results of M&Ls evaluations are as follows:  Net Reserves


Future Net RevenuesReserves Category

Oil andCondensateMBBL


GasMMCF


UndiscountedM$


Discounted at10% Per YearM$Royalty Interest PropertiesProved Developed Producing


1,150



13,785



138,200



68,858Total Proved


1,150



13,785



138,200



68,858Working Interest PropertiesProved Developed Producing


1,350



524



33,967



18,752Total Proved


1,350



524



33,967



18,752Total Royalty and Working Interest PropertiesProved Developed Producing


2,500



14,308



172,167



87,610Total Proved


2,500



14,308



172,167



87,610




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Underlying Properties (100%) Relating to the Cross Timbers Royalty Trust January 21,
2022 Oil and condensate volumes are expressed in thousand barrels (MBBL). Gas volumes are expressed in million cubic feet (MMCF). Future net revenues are expressed
in thousand dollars (M$). The report was prepared for the use of XTO in its financial and reserves reporting and was completed on January 21, 2022. M&L
performed evaluations, which are designated as the SEC Price Case, using price and expense premises specified by XTO and described in detail on Appendix 1. Proved
reserves and future net revenues were estimated in accordance with the provisions contained in Securities and Exchange Commission Regulation S-X, Rule 4-10(a). The
Securities and Exchange Commission definition of proved reserves is shown on Appendix 2 (not included). Gas volumes for each property are stated at the pressure and temperature bases appropriate for the sales contract or state regulatory authority;
therefore, some of the aggregated totals may be stated at a mixed pressure base. No provisions for the possible consequences, if any, of product sales imbalances were included in M&Ls projections since M&L received no relevant data.
Estimates of future net revenues and discounted future net revenues are not intended and should not be interpreted to represent fair market values for the estimated reserves. In M&Ls projections, future costs of abandoning facilities and
wells were assumed to be offset by salvage values. Estimated costs, if any, for restoration of producing properties to satisfy environmental standards are beyond the scope of this assignment. Following Appendix 2 (not included) is a list of exhibits that include annual projections of future production and net revenues for each state, interest type, and
reserves category. Also included in the exhibits are one-line summaries showing the proved reserves and future net revenues for each property in the total royalty trust, in the working interest category, in
the royalty interest category, and in each state. These exhibits should not be relied upon independently of this narrative. The proved developed producing reserves
and production forecasts were estimated by production decline extrapolations, water-oil ratio trends, P/Z declines, or in a few cases, by volumetric calculations. For some properties with insufficient
performance history to establish trends, M&L estimated future production by analogy with other properties with similar characteristics. The past performance trends of many properties were influenced by production curtailments, workovers,
waterfloods, and/or infill drilling. Actual future production may require that M&Ls estimated trends be significantly altered. Reserves estimates from volumetric calculations and from analogies are often less certain than reserves
estimates based on well performance obtained over a period during which a substantial portion of the reserves was produced. The estimated proved developed
nonproducing reserves can be produced from existing well bores but require capital costs for recompletions or for pipeline connections. These proved developed nonproducing reserves estimates were based on analogies with other wells that commercially
produce from the same formation in the same field. The timing of initial production was provided to M&L by XTO. When actual production history is available for these nonproducing reserves, M&Ls reserves estimates may be significantly
revised. The estimated proved undeveloped reserves require significant capital expenditures, such as for planned drilling and completion costs. The proved
undeveloped reserves estimates for infill wells are based on analogies to similar infill wells in the same field and/or the production histories of offset wells in the same field. As actual results of the planned drilling become available,
M&Ls reserves estimates may be significantly revised. The data employed in M&Ls estimations of proved reserves and future net revenues were
provided by XTO. The current expenses for each lease were obtained from operating statements provided by XTO except for certain leases where XTO deducted items considered by XTO to be nonrecurring expenditures. No overhead was included for those
properties operated by XTO. For some properties, such as large waterfloods, XTO assumed a decline in operating costs due to depleting production that was derived by forecasting a decrease in the property well count. The data provided to M&L by
XTO, including, but not limited to, graphical representations and tabulations of past production performance, well tests and pressures, ownership interests, prices, and operating costs were accepted as represented and were considered appropriate for
the purpose of this report. M&L employed all methods, data, procedures, and assumptions considered necessary and appropriate in utilizing the data provided to prepare this report.




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Underlying Properties (100%) Relating to the Cross Timbers Royalty Trust January 21,
2022  The evaluations presented in this report, with the exceptions of those parameters specified by others, reflect
M&Ls informed judgments and are subject to the inherent uncertainties associated with interpretation of geological, geophysical, and engineering information. These uncertainties include, but are not limited to, (1) the utilization of
analogous or indirect data and (2) the application of professional judgments. Government policies and market conditions different from those employed in this study may cause (1) the total quantity of oil, natural gas liquids, or gas to be
recovered, (2) actual production rates, (3) prices received, or (4) operating and capital costs to vary from those presented in this report. At this time, M&L is not aware of any regulations that would affect XTOs ability to
recover the estimated reserves. Miller and Lents, Ltd. is an independent oil and gas consulting firm. No director, officer, or key employee of Miller and Lents,
Ltd. has any financial ownership in XTO Energy Inc. or any related company. M&Ls compensation for the required investigations and preparation of this report is not contingent on the results obtained and reported, and it has not performed
other work that would affect M&Ls objectivity. Production of this report was supervised by Jennifer A. Godbold, P.E., an officer of the firm who is a licensed Professional Engineer in the State of Texas and is professionally qualified,
with more than ten years of relevant experience, in the estimation, assessment, and evaluation of oil and gas reserves.




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M&Ls work papers and data are in its files and available for review upon request. If you have any questions
regarding the above, or if M&L can be of further assistance, please call.  Very truly yours,MILLER AND LENTS, LTD.Texas Registered Engineering Firm No. F-1442/S/ JENNIFER A. GODBOLDJennifer A. Godbold, P.E.Senior Vice President




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Appendix 1 Cross Timbers Royalty Trust (100%) SEC PRICE CASE  A.

Oil Price

Average price during the 12-month period prior to 12/31/21 determined as the arithmetic average of the first-day-of-the-month price for each month during the year 2021. The average price was based on the West Texas Intermediate benchmark price. The arithmetic
average of the first-day-of-the-month benchmark price is $66.56 per barrel and is held
constant through the life of the property. The average realized price, after appropriate adjustments, is $63.88 per barrel.B.

Gas Price

Average price during the 12-month period prior to 12/31/21 determined as the arithmetic average of the first-day-of-the-month price for each month during the year 2021. The average price was based on the Henry Hub benchmark price. The arithmetic average of the first-day-of-the-month benchmark price is $3.598 per MMBTU and is held constant through the
life of the property. The average realized price, after appropriate adjustments is $5.68 per MCF.C.

Operating Costs

Current expenses held constant through the life of the property. For some properties, expenses included a variable component that was a constant cost per unit of gas production and a fixed component that was a constant cost per well
completion.D.

Discount Rate

10% per year.