BRIGHT UNIT
BRIGHT UNIT is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Peregrine Petroleum Prtnr, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 62,863 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 $1.6M, with roughly $409K 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 436 barrels a month. Its strongest month on the record we hold was December 2022, at 5,817 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BRIGHT UNIT
- Who operates BRIGHT UNIT?
- BRIGHT UNIT is operated by Peregrine Petroleum Prtnr, Ltd., Railroad Commission of Texas operator number 653271.
- Where is BRIGHT UNIT?
- BRIGHT UNIT is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32647.
- Is BRIGHT UNIT still producing?
- BRIGHT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRIGHT UNIT is August 2026.
- How much has BRIGHT UNIT produced?
- BRIGHT UNIT has reported 62,863 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is BRIGHT UNIT worth?
- The remaining production from BRIGHT UNIT is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRIGHT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BRIGHT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRIGHT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BRIGHT UNIT generate in a year?
- BRIGHT UNIT is forecast to net about $409K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRIGHT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Peregrine Petroleum Prtnr, Ltd. |
|---|---|
| Field | Sylvester, East (Strawn) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 32647 |
| Wellbores | 1 |
| Reported production | 62,863 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where BRIGHT UNIT 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.