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 - Mar 2026
Total Oil Production121,521 BBLs
Total Gas Production6,278,939 MCF
Recent Oil Production128 BBLs in Feb 2026
Recent Gas Production14,647 MCF in Feb 2026
Wells on Property6

Our Valuation Estimates for Gage-Pitts Unit

ShaleAssessment™

$65,484 *

MarketMultiple™

$101,476 **

* 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 Mar 2026

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 BBLs2,826 MCFMar 2026
AllenWise County, TX0 BBLs2,893 MCFMar 2026
Arthur DowneWise County, TX65 BBLs20,348 MCFFeb 2026
B.M. Caraway (Aw)Wise County, TX175 BBLs14,511 MCFMar 2026
BlackerbyWise County, TX0 BBLs954 MCFMar 2026
Cole Trust StonyDenton County, TX279 BBLs33,131 MCFFeb 2026
Corinth ChurchWise County, TX0 BBLs4,416 MCFFeb 2026
Downe AWise County, TX0 BBLs0 MCFOct 2025
Etta T. Dobbins (Aw)Wise County, TX241 BBLs21,071 MCFMar 2026
Fox 1Wise County, TX29 BBLs8,175 MCFMar 2026
Janecka (Wise County, TX257 BBLs17,223 MCFMar 2026
M.T. Cole-Ncle (Aw) 1HWise County, TX84 BBLs14,713 MCFFeb 2026
Mara UnitWise County, TX289 BBLs18,082 MCFMar 2026
MasonWise County, TX148 BBLs3,220 MCFMar 2026
Ncle-BJ Barnett (Aw)Wise County, TX0 BBLs3,497 MCFFeb 2026
North County Line EstatesWise County, TX0 BBLs1,168 MCFFeb 2026
Pitts B -Caraway (Sa) 1HWise County, TX147 BBLs8,032 MCFMar 2026
Pugh Gas UnitWise County, TX0 BBLs6,011 MCFMar 2026
RamseyWise County, TX0 BBLs1,504 MCFMar 2026
RedwineWise County, TX0 BBLs1,780 MCFMar 2026

Companies in the Area

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

Company Name
BKV Barnett II, 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 1Feb 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Feb 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HFeb 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HFeb 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HFeb 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HFeb 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Jan 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Jan 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Jan 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HJan 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HJan 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HJan 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJan 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJan 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HJan 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HJan 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Dec 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Dec 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Dec 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HDec 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HDec 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HDec 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HDec 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HDec 2025TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HDec 2025RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.