Bright

Oil & Gas Property in Kern County, CA

Property Summary

Key data points for Bright

CountyKern County, CA
OperatorCALIFORNIA RESOURCES PRODUCTION CORPORATION
Production DatesJan 2018 - Dec 2023
Total Oil Production7,770 BBLs
Total Gas Production527 MCF
Recent Oil Production162 BBLs in Nov 2023
Recent Gas Production2 MCF in Nov 2023
Wells on Property7

Our Valuation Estimates for Bright

ShaleAssessment

$50,316 *

MarketMultiple

$16,060 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Bright Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bright
from Jan 2018 to Dec 2023

Wells on Bright

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
04-029-10964Bright 6California Resources Production CorporationIdleKern County, CA34.991554-118.889061
04-029-18877Bright 1California Resources Production CorporationActiveKern County, CA34.992180-118.889824
04-029-18878Bright 2Getty Reserve Oil Co.PluggedKern County, CA34.990833-118.892242
04-029-18879Bright 3California Resources Production CorporationActiveKern County, CA34.991676-118.890381
04-029-18880Bright 4California Resources Production CorporationPluggedKern County, CA34.992580-118.890411
04-029-18881Bright 5Getty Reserve Oil Co.PluggedKern County, CA34.990250-118.892769
04-029-18882Bright 7California Resources Production CorporationPluggedKern County, CA34.990929-118.891571

Nearby Properties

These are the closest 18 properties to the Bright property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
J.V. 54H-32Kern County, CA418 BBLs23 MCFDec 2023
J.V. 56Kern County, CA14 BBLs11 MCFDec 2023
J.V. ReserveKern County, CA394 BBLs0 MCFDec 2023
KCL FKern County, CA926 BBLs4,354 MCFDec 2023
KCL IKern County, CA0 BBLs0 MCFNov 2022
KCL LKern County, CA84 BBLs1,395 MCFDec 2023
Lease By California Resources Production CorporationKern County, CA1,171 BBLs180 MCFDec 2023
Pastoria CreekKern County, CA706 BBLs0 MCFDec 2023
Reserve-E. W. PauleyKern County, CA285 BBLs14 MCFDec 2023
Ridge Hill-TejonKern County, CA0 BBLs0 MCFJan 2023
Roc-KCL GKern County, CA481 BBLs5,416 MCFDec 2023
SCT 1Kern County, CA92 BBLs23 MCFDec 2023
SCT 2Kern County, CA119 BBLs31 MCFDec 2023
SCT 8Kern County, CA324 BBLs81 MCFDec 2023
TejonKern County, CA384 BBLs682 MCFDec 2023
TejonKern County, CA445 BBLs0 MCFNov 2023
TejonKern County, CA842 BBLs45 MCFDec 2023
Tejon RanchKern County, CA23 BBLs8 MCFDec 2023