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 2026
Total Oil Production121,737 BBLs
Total Gas Production6,324,879 MCF
Recent Oil Production72 BBLs in May 2026
Recent Gas Production15,978 MCF in May 2026
Wells on Property6

Our Valuation Estimates for Gage-Pitts Unit

ShaleAssessment™

$63,271 *

MarketMultiple™

$100,575 **

* 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 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 BBLs2,554 MCFJun 2026
AllenWise County, TX4 BBLs3,684 MCFJun 2026
Arthur DowneWise County, TX464 BBLs22,226 MCFJun 2026
B.M. Caraway (Aw)Wise County, TX131 BBLs14,373 MCFJun 2026
BlackerbyWise County, TX0 BBLs1,130 MCFJun 2026
Cole Trust StonyDenton County, TX0 BBLs36,549 MCFJun 2026
Corinth ChurchWise County, TX1 BBLs5,074 MCFJun 2026
Downe AWise County, TX0 BBLs0 MCFOct 2025
Etta T. Dobbins (Aw)Wise County, TX0 BBLs19,222 MCFJun 2026
Fox 1Wise County, TX1 BBLs9,254 MCFJun 2026
Fox 4HWise County, TX49 BBLs8,206 MCFJun 2026
Janecka (Wise County, TX134 BBLs21,832 MCFJun 2026
Mara UnitWise County, TX180 BBLs20,938 MCFJun 2026
MasonWise County, TX22 BBLs2,974 MCFJun 2026
Ncle-BJ Barnett (Aw)Wise County, TX0 BBLs6,459 MCFJun 2026
North County Line EstatesWise County, TX0 BBLs1,254 MCFJun 2026
Pitts B -Caraway (Sa) 1HWise County, TX70 BBLs8,002 MCFJun 2026
Pugh Gas UnitWise County, TX14 BBLs6,741 MCFJun 2026
RamseyWise County, TX5 BBLs1,574 MCFJun 2026
RedwineWise County, TX0 BBLs0 MCFMar 2026

Companies in the Area

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

Company Name
4M Oil & Gas, LLC
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
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
2026LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #4HLIME ROCK RESO
2026LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #5HLIME ROCK RESO
2026LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #6HLIME ROCK RESO
2026GAGE C L JRGAGE-PITTS UNIT #4HLIME ROCK RESO
2026GAGE C L JRGAGE-PITTS UNIT #5HLIME ROCK RESO
2026GAGE STEVEN LGAGE-PITTS UNIT #4HLIME ROCK RESO
2026RODDEN MARSHA GAGEGAGE-PITTS UNIT #4HLIME ROCK RESO
2026GAGE STEVEN LGAGE-PITTS UNIT #5HLIME ROCK RESO
Displaying 8 of 160 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
09-198640GAGE-PITTS UNIT 2Jun 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HJun 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HJun 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJun 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HJun 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1May 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2May 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2May 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HMay 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HMay 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HMay 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HMay 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HMay 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HMay 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HMay 2026RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Apr 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Apr 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HApr 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HApr 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HApr 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Mar 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Mar 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HMar 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HMar 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HMar 2026TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.