BEVO 31
BEVO 31 is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 39,689 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $308K, with roughly $59K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 63 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was May 2016, at 520 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BEVO 31
- Who operates BEVO 31?
- BEVO 31 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is BEVO 31?
- BEVO 31 is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45439.
- Is BEVO 31 still producing?
- BEVO 31 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEVO 31 is August 2026.
- How much has BEVO 31 produced?
- BEVO 31 has reported 39,689 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 2 wellbores.
- How much is BEVO 31 worth?
- The remaining production from BEVO 31 is estimated to be worth about $308K in total as of 26 August 2026, within a range of $169K to $446K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEVO 31 is a fraction of it. The estimate fits an Arps decline curve to the production BEVO 31 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEVO 31 is an estimate of value, not an offer and not an appraisal.
- How much income does BEVO 31 generate in a year?
- BEVO 31 is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEVO 31 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 45439 |
| Wellbores | 2 |
| Reported production | 39,689 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $308K |
Where BEVO 31 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.