Form SD - Specialized disclosure report
September 25 2024 - 4:45PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
Specialized Disclosure Report
Berry Corporation (bry)
(Exact name of registrant as specified in its charter)
| | | | | | | | |
Delaware | 001-38606 | 81-5410470 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
16000 N. Dallas Parkway, Suite 500
Dallas, Texas 75248
(Address of Principal Executive Offices)
(661) 616-3900
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information is in the form applies:
| | | | | |
☐ | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023. |
| | | | | |
☒ | Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the reporting period from January 1 to December 31, 2023. |
| | | | | |
SECTION 2 - | RESOURCE EXTRACTION ISSUER DISCLOSURE |
| | | | | |
Item 2.01 | Resource Extraction Issuer Disclosure and Report |
Disclosure of Payments by Resource Extraction Issuers
The specified payment disclosure required by this Form SD is included in Exhibit 99.1 to this Form SD.
The following exhibit is filed as part of this report.
| | | | | | | | |
Exhibit No. | | Description |
| |
| | |
99.1 | | |
2.01 | | Interactive Data File (Form SD for the year ended December 31, 2023 filed in XBRL). |
| |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | | | | | | |
| | |
| | | |
| | | Berry Corporation (bry) |
| | | |
Dated: September 25, 2024 | By: | | /s/ Michael S. Helm |
| | | Michael S. Helm |
| | | Vice President, Chief Financial Officer and Chief Accounting Officer |
Resource Extraction Payment Report
Berry Corporation (bry) (the “Company”) is reporting payments made by the Company, its subsidiaries and entities under the Company’s control to the United States Federal Government related to the commercial development of oil, natural gas or minerals during the fiscal year ended December 31, 2023. No such payments were made to any foreign government during the period covered by this report.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(in USD and in thousands) | | | | | | | | | | | For the Year Ended December 31, 2023 |
Country | | State | | Project | | Method of extraction used in project | | Government Entity | | | | Business segment of the resource extraction issuer that made the payments | | | Taxes | | Royalties | | Fees | | | | | | | | | | | | Totals |
| | | | | | | | | | | | | | | |
United States | | N/A | | (1) | | N/A | | US Treasury | | | | E&P | | | $ | 650 | | | $ | — | | | $ | — | | | | | | | | | | | | | $ | 650 | |
United States | | California | | Oil | | Well | | Office of Natural Resources Revenue | | | | E&P | | | — | | | 19,027 | | | 97 | | | | | | | | | | | | | 19,124 | |
United States | | Utah | | Oil and natural gas | | Well | | Office of Natural Resources Revenue | | | | E&P | | | — | | | 3,674 | | | 19 | | | | | | | | | | | | | 3,693 | |
Total | | | | | | | | | | | | | | | $ | 650 | | | $ | 22,701 | | | $ | 116 | | | | | | | | | | | | | $ | 23,467 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
____________________
(1) The U.S. federal government levies income taxes at the Berry Corporation (bry) level rather than on a per project basis. Income tax payment information in the table above is presented at the Berry Corporation (bry) level.
v3.24.3
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe three character ISO 4217 code for the currency used for reporting purposes. Example: 'USD'.
+ References
+ Details
Name: |
dei_EntityReportingCurrencyISOCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:currencyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.24.3
Payments, by Category - USD ($) $ in Thousands |
Taxes |
Royalties |
Fees |
Total Payments |
Total |
$ 650
|
$ 22,701
|
$ 116
|
$ 23,467
|
v3.24.3
X |
- Details
Name: |
rxp_ProjectAxis=bry_OilCAMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
rxp_ProjectAxis=bry_OilAndNaturalGasUTMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.24.3
X |
- Details
Name: |
rxp_CountryAxis=country_US |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
rxp_GovernmentAxis=bry_USTreasuryMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
rxp_GovernmentAxis=bry_OfficeOfNaturalResourcesRevenueMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.24.3
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($) $ in Thousands |
Amount |
Type |
Country |
Subnat. Juris. |
Govt. |
Project |
Resource |
Segment |
Ext. Method |
#: 1 |
|
|
|
|
|
|
|
|
|
|
$ 650
|
Taxes
|
UNITED STATES
|
|
US Treasury [Member]
|
|
|
|
|
#: 2 |
|
|
|
|
|
|
|
|
|
|
19,027
|
Royalties
|
UNITED STATES
|
snj:US-CA
|
Office of Natural Resources Revenue [Member]
|
Oil - CA [Member]
|
Oil [Member]
|
E&P [Member]
|
Well
|
#: 3 |
|
|
|
|
|
|
|
|
|
|
97
|
Fees
|
UNITED STATES
|
snj:US-CA
|
Office of Natural Resources Revenue [Member]
|
Oil - CA [Member]
|
Oil [Member]
|
E&P [Member]
|
Well
|
#: 4 |
|
|
|
|
|
|
|
|
|
|
3,674
|
Royalties
|
UNITED STATES
|
snj:US-UT
|
Office of Natural Resources Revenue [Member]
|
Oil and Natural Gas - UT [Member]
|
Oil and Natural Gas [Member]
|
E&P [Member]
|
Well
|
#: 5 |
|
|
|
|
|
|
|
|
|
|
$ 19
|
Fees
|
UNITED STATES
|
snj:US-UT
|
Office of Natural Resources Revenue [Member]
|
Oil and Natural Gas - UT [Member]
|
Oil and Natural Gas [Member]
|
E&P [Member]
|
Well
|
X |
- Details
Name: |
rxp_PmtAxis=1 |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
rxp_PmtAxis=2 |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
rxp_PmtAxis=3 |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
rxp_PmtAxis=4 |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
rxp_PmtAxis=5 |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
Berry (NASDAQ:BRY)
Historical Stock Chart
From Nov 2024 to Dec 2024
Berry (NASDAQ:BRY)
Historical Stock Chart
From Dec 2023 to Dec 2024