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Texas oil lease

Producing

BRIGHT 3

Bright 3 is an oil lease in Smith County, Texas, operated by Faulconer Energy, LLC in the Overton (Travis Peak) field.

1 well

3,705bbl oil, since Nov 2025
Operator
Faulconer Energy, LLC
County
Smith County
Field
Overton (Travis Peak)
RRC lease
06-16167

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Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, since Nov 2025
12,390 mcf
Oil in Jul 2026
163 bbl

Production by month

Oil output fell 73% since Nov 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 73% since Nov 2025Monthly oil production and gas for BRIGHT 3, Nov 2025 to Jul 2026. Oil output fell 73% since Nov 2025. Monthly average of 200 bbl in the latest 3 months, against 733 bbl in the first 3.bbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 25Jan 26AprJul
Oil output fell 73% since Nov 2025Monthly oil production and gas for BRIGHT 3, Nov 2025 to Jul 2026. Oil output fell 73% since Nov 2025. Monthly average of 200 bbl in the latest 3 months, against 733 bbl in the first 3.bbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the 9 months reported

  • Transmission line (2)
  • Lease fuel (1)
94% of the gas went to a transmission line in the 9 months reportedShare of BRIGHT 3 gas by disposition code each month, Nov 2025 to Jul 2026. 94% of the gas went to a transmission line in the 9 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
94% of the gas went to a transmission line in the 9 months reportedShare of BRIGHT 3 gas by disposition code each month, Nov 2025 to Jul 2026. 94% of the gas went to a transmission line in the 9 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 11,609 mcf

  • Lease fuel (1)

    6.3% · 781 mcf

1 well on this lease

Wells on BRIGHT 3
API numberWell no.Status
42-423-316101Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Nov 15, 2025
Faulconer Energy, LLCCasinghead gasBuys100Nov 15, 2025
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100Nov 15, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

40 acres on the newest permit

A pooling certificate was filed

Permits for Bright 3
API numberWell no.Acreson the permit
42-423-31610140

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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9 months, newest first

Ledger for BRIGHT 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261631677757230$80.46$2.89
Jun 20261991698207660$84.81$3.15
May 20262371661,0389790$102.13$2.94
Apr 20262433111,3171,2420$100.32$2.77
Mar 20263143171,3681,2850$91.38$3.04
Feb 20263513411,4231,3270$64.51$3.62
Jan 20265065311,9241,7950$60.04$7.72
Dec 20257418062,3722,2220$57.97$4.26
Nov 20259517381,3531,2700$60.06$3.79

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorFaulconer Energy, LLCFieldOverton (Travis Peak)CountySmith County

Faulconer Energy, LLC in Smith County

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Overton (Travis Peak) field

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