BRIGHT
BRIGHT is a Texas gas lease in Smith County, Railroad Commission district 06, operated by Southwestern Energy Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 750,186 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 $128K, with roughly $21K 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 801 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 1,515 thousand cubic feet. 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
- Who operates BRIGHT?
- BRIGHT is operated by Southwestern Energy Prod. Co., Railroad Commission of Texas operator number 806668.
- Where is BRIGHT?
- BRIGHT is a Texas gas lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 206306.
- Is BRIGHT still producing?
- BRIGHT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRIGHT is August 2026.
- How much has BRIGHT produced?
- BRIGHT has reported 750,186 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2004 and August 2026, from 1 wellbore.
- How much is BRIGHT worth?
- The remaining production from BRIGHT is estimated to be worth about $128K in total as of 26 August 2026, within a range of $100K to $156K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRIGHT is a fraction of it. The estimate fits an Arps decline curve to the production BRIGHT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRIGHT is an estimate of value, not an offer and not an appraisal.
- How much income does BRIGHT generate in a year?
- BRIGHT is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRIGHT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southwestern Energy Prod. Co. |
|---|---|
| Field | Overton (Cotton Valley Sand) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 206306 |
| Wellbores | 1 |
| Reported production | 750,186 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $128K |
Where BRIGHT 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.