BEVO 15-56-1
BEVO 15-56-1 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2023 to August 2026, totalling 1,007,591 thousand cubic feet. 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 $8.2M, with roughly $2.4M 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 18,989 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 135,731 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 15-56-1
- Who operates BEVO 15-56-1?
- BEVO 15-56-1 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is BEVO 15-56-1?
- BEVO 15-56-1 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 296601.
- Is BEVO 15-56-1 still producing?
- BEVO 15-56-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEVO 15-56-1 is August 2026.
- How much has BEVO 15-56-1 produced?
- BEVO 15-56-1 has reported 1,007,591 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2023 and August 2026, from 1 wellbore.
- How much is BEVO 15-56-1 worth?
- The remaining production from BEVO 15-56-1 is estimated to be worth about $8.2M in total as of 27 August 2026, within a range of $6.7M to $9.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEVO 15-56-1 is a fraction of it. The estimate fits an Arps decline curve to the production BEVO 15-56-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEVO 15-56-1 is an estimate of value, not an offer and not an appraisal.
- How much income does BEVO 15-56-1 generate in a year?
- BEVO 15-56-1 is forecast to net about $2.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BEVO 15-56-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 296601 |
| Wellbores | 1 |
| Reported production | 1,007,591 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.2M |
Where BEVO 15-56-1 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.