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 - Jun 2025
Total Oil Production120,189 BBLs
Total Gas Production6,134,115 MCF
Recent Oil Production0 BBLs in May 2025
Recent Gas Production16,867 MCF in May 2025
Wells on Property6

Our Valuation Estimates for Gage-Pitts Unit

ShaleAssessment™

$72,882 *

MarketMultiple™

$84,758 **

* 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 Jun 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.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 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, TX12 BBLs2,905 MCFJun 2025
AllenWise County, TX7 BBLs2,630 MCFJun 2025
Arthur DowneWise County, TX194 BBLs23,281 MCFJun 2025
B.M. Caraway (Aw)Wise County, TX0 BBLs15,189 MCFJun 2025
BlackerbyWise County, TX0 BBLs1,144 MCFJun 2025
Cole Trust StonyDenton County, TX123 BBLs39,822 MCFJun 2025
Corinth ChurchWise County, TX0 BBLs4,922 MCFJun 2025
Downe AWise County, TX0 BBLs0 MCFNov 2024
Fox 1Wise County, TX20 BBLs10,013 MCFJun 2025
Fox 4HWise County, TX36 BBLs9,768 MCFJun 2025
Janecka 1Wise County, TX139 BBLs26,847 MCFJun 2025
M.T. Cole-Ncle (Aw) 1HWise County, TX56 BBLs14,952 MCFJun 2025
Mara UnitWise County, TX74 BBLs16,553 MCFJun 2025
MasonWise County, TX28 BBLs3,039 MCFJun 2025
Ncle-BJ Barnett (Aw)Wise County, TX171 BBLs17,999 MCFJun 2025
North County Line EstatesWise County, TX0 BBLs1,135 MCFJun 2025
Pitts B -Caraway (Sa) 1HWise County, TX0 BBLs8,133 MCFJun 2025
Pugh Gas UnitWise County, TX0 BBLs7,159 MCFJun 2025
RamseyWise County, TX0 BBLs1,504 MCFJun 2025
RedwineWise County, TX0 BBLs965 MCFJun 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 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
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 1Mar 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Mar 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Mar 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HMar 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HMar 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HMar 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HMar 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HMar 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HMar 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Feb 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Feb 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HFeb 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HFeb 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HFeb 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HFeb 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Jan 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Jan 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HJan 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJan 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJan 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HJan 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Dec 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Dec 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HDec 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HDec 2024RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.