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Exhibit 23
March 1, 2022
San Juan Basin Royalty Trust
PNC Bank, Trustee
116 Allegheny Center Mall
Pittsburgh, PA 15212
Ladies and Gentlemen:
Cawley, Gillespie & Associates, Inc. hereby consents to the use of the oil and gas reserve information in the San Juan Basin Royalty Trust Securities and Exchange Commission Form 10-K for the year ended December 31, 2021 and in the San Juan Basin Royalty Trust Annual Report for the year ended December 31, 2021 based on reserve reports prepared by Cawley, Gillespie & Associates, Inc. and dated March 1, 2022.
Sincerely,
CAWLEY, GILLESPIE & ASSOCIATES, INC.