Oil & Gas Property in Wise County, TX
Key data points for Pitts
| County | Wise County, TX |
|---|---|
| Production Dates | Jan 1993 - Jul 2025 |
| Total Oil Production | 51,690 BBLs |
| Total Gas Production | 1,775,032 MCF |
| Recent Oil Production | 37 BBLs in Jun 2025 |
| Recent Gas Production | 2,533 MCF in Jun 2025 |
| Wells on Property | 5 |
Our Valuation Estimates for Pitts
ShaleAssessment™
$10,083 *
MarketMultiple™
$12,876 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Pitts property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Arthur Downe | Wise County, TX | 49 BBLs | 22,371 MCF | Jul 2025 |
| B.M. Caraway (Aw) | Wise County, TX | 181 BBLs | 14,983 MCF | Jul 2025 |
| Bishop A | Wise County, TX | 0 BBLs | 425 MCF | Jun 2025 |
| Blackerby | Wise County, TX | 0 BBLs | 1,156 MCF | Jul 2025 |
| Burk | Wise County, TX | 0 BBLs | 1,516 MCF | Jul 2025 |
| Caraway | Wise County, TX | 0 BBLs | 3,269 MCF | Jul 2025 |
| Childers | Wise County, TX | 62 BBLs | 20,605 MCF | Jul 2025 |
| Dobbins | Wise County, TX | 0 BBLs | 16,479 MCF | Jul 2025 |
| Downe A | Wise County, TX | 0 BBLs | 0 MCF | Nov 2024 |
| Etta T. Dobbins (Aw) | Wise County, TX | 99 BBLs | 24,919 MCF | Jul 2025 |
| Gage-Pitts Unit | Wise County, TX | 157 BBLs | 15,736 MCF | Jul 2025 |
| Israel | Wise County, TX | 0 BBLs | 795 MCF | Jul 2025 |
| Mara Unit | Wise County, TX | 273 BBLs | 17,039 MCF | Jul 2025 |
| Pitts A | Wise County, TX | 0 BBLs | 441 MCF | Jun 2025 |
| Pitts B -Caraway (Sa) 1H | Wise County, TX | 100 BBLs | 7,687 MCF | Jul 2025 |
| Pugh Gas Unit | Wise County, TX | 0 BBLs | 6,888 MCF | Jul 2025 |
| Ramsey | Wise County, TX | 6 BBLs | 1,375 MCF | Jul 2025 |
| Redwine | Wise County, TX | 0 BBLs | 538 MCF | Jul 2025 |
| Renshaw | Wise County, TX | 0 BBLs | 655 MCF | Jun 2025 |
| Sauder Land Trust | Wise County, TX | 0 BBLs | 825 MCF | Jul 2025 |
These are the closest 20 companies operating near the Pitts property.