Gage-Pitts Unit

Oil & Gas Property in Wise County, TX

  2. Texas
  3. Wise County, TX
  4. Oil & Gas Properties in Wise County, TX
  5. Gage-Pitts Unit Oil & Gas Property

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Property Summary

Key data points for Gage-Pitts Unit

CountyWise County, TX
OperatorLIME ROCK RESOURCES IV-A, L.P.
Production DatesDec 2002 - Jan 2024
Total Oil Production117,746 BBLs
Total Gas Production5,823,003 MCF
Recent Oil Production210 BBLs in Dec 2023
Recent Gas Production18,409 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for Gage-Pitts Unit

ShaleAssessment™

$102,340 *

MarketMultiple™

$79,411 **

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

Based on a decimal interest

Gage-Pitts Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gage-Pitts Unit
from Dec 2002 to Jan 2024

Wells on Gage-Pitts Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-497-35084GAGE-PITTS UNIT 1LIME ROCK RESOURCES IV-A, L.P.ProducingWise County, TX33.243284-97.403430
42-497-35326GAGE-PITTS UNIT 2LIME ROCK RESOURCES IV-A, L.P.ProducingWise County, TX33.243280-97.413882
42-497-36529GAGE-PITTS UNIT 3HLIME ROCK RESOURCES IV-A, L.P.ProducingWise County, TX33.242854-97.402485
42-497-36546GAGE-PITTS UNIT 4HLIME ROCK RESOURCES IV-A, L.P.ProducingWise County, TX33.242825-97.402543
42-497-36689GAGE-PITTS UNIT 5HLIME ROCK RESOURCES IV-A, L.P.ProducingWise County, TX33.243641-97.414207
42-497-36690GAGE-PITTS UNIT 6HLIME ROCK RESOURCES IV-A, L.P.ProducingWise County, TX33.243731-97.414173

Leases included in Gage-Pitts Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-192256GAGE-PITTS UNIT 1LIME ROCK RESOURCES IV-A, L.P.Wise County, TX
09-198640GAGE-PITTS UNIT 2LIME ROCK RESOURCES IV-A, L.P.Wise County, TX
09-244003GAGE-PITTS UNIT 4HLIME ROCK RESOURCES IV-A, L.P.Wise County, TX
09-244360GAGE-PITTS UNIT 3HLIME ROCK RESOURCES IV-A, L.P.Wise County, TX
09-253046GAGE-PITTS UNIT 6HLIME ROCK RESOURCES IV-A, L.P.Wise County, TX
09-253049GAGE-PITTS UNIT 5HLIME ROCK RESOURCES IV-A, L.P.Wise County, TX

Nearby Properties

These are the closest 20 properties to the Gage-Pitts Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adami G. EDenton County, TX0 BBLs3,017 MCFJan 2024
AllenWise County, TX2 BBLs2,258 MCFJan 2024
Arthur DowneWise County, TX173 BBLs25,292 MCFJan 2024
B.M. Caraway (Aw)Wise County, TX0 BBLs17,555 MCFJan 2024
BlackerbyWise County, TX0 BBLs1,067 MCFJan 2024
CarawayWise County, TX0 BBLs3,693 MCFJan 2024
Cole Trust StonyDenton County, TX196 BBLs43,488 MCFJan 2024
Corinth ChurchWise County, TX36 BBLs6,131 MCFJan 2024
Downe AWise County, TX0 BBLs709 MCFJan 2024
Etta T. Dobbins (Aw)Wise County, TX0 BBLs20,489 MCFJan 2024
Fox 1Wise County, TX82 BBLs7,102 MCFJan 2024
Janecka (Wise County, TX192 BBLs29,495 MCFJan 2024
M.T. Cole-Ncle (Aw) 1HWise County, TX63 BBLs16,032 MCFJan 2024
Mara UnitWise County, TX257 BBLs19,510 MCFJan 2024
MasonWise County, TX95 BBLs3,229 MCFJan 2024
Ncle-BJ Barnett (Aw)Wise County, TX118 BBLs20,785 MCFJan 2024
North County Line EstatesWise County, TX1 BBLs1,353 MCFJan 2024
Pugh Gas UnitWise County, TX0 BBLs6,858 MCFJan 2024
RamseyWise County, TX0 BBLs1,391 MCFJan 2024
RedwineWise County, TX42 BBLs5,094 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Gage-Pitts Unit property.

Company Name
Bedrock Production, LLC
BKV Barnett, LLC
Carter Energy Corporation
Case Resources, LLC
Dallas Production, Inc.
Devon Energy Operating Co., L.P.
Devon Energy Production Company LP
Eagleridge Operating, LLC
El Ran, Inc.
Enervest Operating LLC
Felderhoff Production Company
Hanks, Christopher Glenn
Hess, Jerry Operating Co.
Lime Rock Resources IV-A, L.P.
London Petroleum Corporation
Mitchell Energy Corp
Republic Energy Inc.
Tejas Western Corp.
Texxol Operating Company, Inc.
Waggoner-Baldridge Oper. Co, Inc

Owners of Gage-Pitts Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #4HLIME ROCK RESO
2023LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #5HLIME ROCK RESO
2023LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #3HLIME ROCK RESO
2023LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #6HLIME ROCK RESO
2023LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #2LIME ROCK RESO
2023LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #1LIME ROCK RESO
2023GAGE C L JRGAGE-PITTS UNIT #4HLIME ROCK RESO
2023GAGE C L JRGAGE-PITTS UNIT #5HLIME ROCK RESO
Displaying 8 of 210 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gage-Pitts Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-192256GAGE-PITTS UNIT 1Nov 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Nov 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HNov 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HNov 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HNov 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HNov 2023RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HNov 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Oct 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Oct 2023RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HOct 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HOct 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HOct 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HOct 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Sep 2023VITOL INC.LIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Sep 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HSep 2023VITOL INC.LIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HSep 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HSep 2023VITOL INC.LIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HSep 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HSep 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HSep 2023VITOL INC.LIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HSep 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Aug 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Aug 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HAug 2023TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.