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 - Nov 2025
Total Oil Production120,852 BBLs
Total Gas Production6,216,176 MCF
Recent Oil Production133 BBLs in Oct 2025
Recent Gas Production16,311 MCF in Oct 2025
Wells on Property6

Our Valuation Estimates for Gage-Pitts Unit

ShaleAssessment™

$68,567 *

MarketMultiple™

$81,747 **

* 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 Nov 2025

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.Temp AbandonedWise 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 BBLs2,893 MCFNov 2025
Arthur DowneWise County, TX0 BBLs22,609 MCFNov 2025
B.M. Caraway (Aw)Wise County, TX144 BBLs21,744 MCFNov 2025
BlackerbyWise County, TX0 BBLs1,187 MCFNov 2025
Cole Trust StonyDenton County, TX0 BBLs36,891 MCFNov 2025
Corinth ChurchWise County, TX103 BBLs5,673 MCFNov 2025
Downe AWise County, TX0 BBLs48 MCFOct 2025
Fox 1Wise County, TX6 BBLs9,724 MCFNov 2025
Fox 2Wise County, TX0 BBLs2,411 MCFNov 2025
Fox 4HWise County, TX3 BBLs8,295 MCFNov 2025
Janecka 1Wise County, TX215 BBLs26,844 MCFNov 2025
M.T. Cole-Ncle (Aw) 1HWise County, TX0 BBLs13,087 MCFNov 2025
Mara UnitWise County, TX117 BBLs16,959 MCFNov 2025
MasonWise County, TX0 BBLs3,038 MCFNov 2025
Ncle-BJ Barnett (Aw)Wise County, TX3 BBLs7,183 MCFNov 2025
North County Line EstatesWise County, TX0 BBLs1,061 MCFNov 2025
Pitts B -Caraway (Sa) 1HWise County, TX0 BBLs7,732 MCFNov 2025
Pugh Gas UnitWise County, TX43 BBLs6,850 MCFNov 2025
RamseyWise County, TX35 BBLs1,182 MCFNov 2025
RedwineWise County, TX0 BBLs832 MCFNov 2025

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, L.P.
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
2025LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #4HLIME ROCK RESO
2025LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #5HLIME ROCK RESO
2025LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #6HLIME ROCK RESO
2025LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #3HLIME ROCK RESO
2025LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #1LIME ROCK RESO
2025LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #2LIME ROCK RESO
2025GAGE C L JRGAGE-PITTS UNIT #4HLIME ROCK RESO
2025GAGE 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 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Nov 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HNov 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HNov 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HNov 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HNov 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Oct 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Oct 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HOct 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HOct 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HOct 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HOct 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HOct 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HOct 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Sep 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Sep 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HSep 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HSep 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HSep 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HSep 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HSep 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HSep 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HSep 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Aug 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Aug 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.