Item 7.01. Regulation FD Disclosure.

On September 20, 2021, the San Juan Basin Royalty Trust (the "Trust") issued a press release, a copy of which is attached hereto as Exhibit 99.1 (the "Release"), announcing a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") of $1,724,289.03 or $0.036995 per Unit, based primarily upon production during the month of July 2021, subject to certain adjustments by the owner of the Trust's subject interests, Hilcorp San Juan L.P. (Hilcorp"), for prior months. The distribution is payable October 15, 2021, to Unit Holders of record as of September 30, 2021. The Release also includes updated information from Hilcorp regarding its accounting system implementation.

In accordance with general instruction B.2 to Form 8-K, the information in this Form 8-K shall be deemed "furnished" and not "filed" with the Securities and Exchange Commission for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise, subject to the liabilities of that section.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are filed in accordance with the provisions of Item 601 of Regulation S-K:





              Exhibit No.   Description

              99.1          Press Release, dated September 20, 2021.




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