Pitts A Unit 1

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Pitts A Unit 1

CountyPanola County, TX
OperatorDIVERSIFIED PRODUCTION LLC
Production DatesSep 2016 - Oct 2024
Total Oil Production101,230 BBLs
Total Gas Production6,829,032 MCF
Recent Oil Production257 BBLs in Sep 2024
Recent Gas Production25,486 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Pitts A Unit 1

ShaleAssessment

$105,470 *

MarketMultiple

$102,602 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Pitts A Unit 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pitts A Unit 1
from Sep 2016 to Oct 2024

Wells on Pitts A Unit 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-38311PITTS A UNIT 18HDIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.067063-94.243443
42-365-38312PITTS A UNIT 19HDIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.067071-94.243314

Leases included in Pitts A Unit 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-282228PITTS A UNIT 19HDIVERSIFIED PRODUCTION LLCPanola County, TX
06-283061PITTS A UNIT 18HDIVERSIFIED PRODUCTION LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the Pitts A Unit 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bleakley PPanola County, TX47 BBLs14,799 MCFSep 2024
Boise SouthernPanola County, TX60 BBLs4,351 MCFOct 2024
Broderick Bess Smith GPanola County, TX20 BBLs3,194 MCFOct 2024
Broderick GuPanola County, TX11 BBLs3,604 MCFOct 2024
Capps Gas UnitPanola County, TX41 BBLs3,014 MCFSep 2024
Chadwick Gas UnitPanola County, TX41 BBLs3,561 MCFSep 2024
First National BaPanola County, TX50 BBLs4,152 MCFSep 2024
Frost GillaspyPanola County, TX0 BBLs19,682 MCFOct 2024
Frost-Parker Unit 1Panola County, TX8 BBLs18,126 MCFOct 2024
Hancock UnitPanola County, TX209 BBLs25,469 MCFSep 2024
Hancock-Smith Gas UnitPanola County, TX277 BBLs16,574 MCFSep 2024
Hooker Charles GPanola County, TX385 BBLs20,444 MCFOct 2024
McDaniel J.APanola County, TX0 BBLs1,344 MCFOct 2024
Neal John SPanola County, TX0 BBLs10,794 MCFOct 2024
PeterPanola County, TX114 BBLs9,413 MCFOct 2024
PittsPanola County, TX514 BBLs33,636 MCFOct 2024
Twomey Heirs-Hancock-Smith (Allo 1HPanola County, TX209 BBLs13,464 MCFSep 2024
Twomey Heirs-Knight-Strong-Nolan 1HPanola County, TX0 BBLs19,669 MCFSep 2024
Williamson GenaPanola County, TX0 BBLs3,573 MCFOct 2024
Woolworth Gas UnitPanola County, TX21 BBLs6,249 MCFSep 2024

Owners of Pitts A Unit 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIVERSIFIED PRODUCTION LLCPITTS "A" UNIT #18HDIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCPITTS "A" UNIT #19HDIVERSIFIED PROD LLC
2024UR OF AMERICA LTDPITTS "A" UNIT #18HDIVERSIFIED PROD LLC
2024UR OF AMERICA LTDPITTS "A" UNIT #19HDIVERSIFIED PROD LLC
2024SPARKS GARY M SPECIAL TRUSTPITTS "A" UNIT #18HDIVERSIFIED PROD LLC
2024SPARKS GARY M SPECIAL TRUSTPITTS "A" UNIT #19HDIVERSIFIED PROD LLC
2024SELLARS FAMILY LLCPITTS "A" UNIT #18HDIVERSIFIED PROD LLC
2024COATES ENERGY TRUST &PITTS "A" UNIT #18HDIVERSIFIED PROD LLC
Displaying 8 of 407 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Pitts A Unit 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-282228PITTS A UNIT 19HOct 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HOct 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HSep 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HSep 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HAug 2024DIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HAug 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HAug 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HAug 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HAug 2024DIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HAug 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HJul 2024DIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HJul 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HJul 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HJul 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HJul 2024DIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HJul 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HJun 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HJun 2024DIVERSIFIED PRODUCTION LLC
06-283061PITTS A UNIT 18HJun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HJun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HJun 2024DIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HJun 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HMay 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HMay 2024DIVERSIFIED PRODUCTION LLC
06-282228PITTS A UNIT 19HMay 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC