Pitts

Oil & Gas Property in Panola County, TX

Property Summary

Key data points for Pitts

CountyPanola County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production387,946 BBLs
Total Gas Production24,368,802 MCF
Recent Oil Production235 BBLs in Aug 2024
Recent Gas Production35,433 MCF in Aug 2024
Wells on Property24

Our Valuation Estimates for Pitts

ShaleAssessment

$202,965 *

MarketMultiple

$147,943 **

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

Based on a decimal interest

Pitts Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pitts
from Jan 1993 to Sep 2024

Wells on Pitts

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-01549PITTS 1RICHEY OPERATING, INC.Plugged Gas WellPanola County, TX32.054685-94.252803
42-365-31033PITTS A UNIT 1DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.053417-94.251730
42-365-31849PITTS A UNIT 2CR2 Energy LLCTemp AbandonedPanola County, TX32.060189-94.242266
42-365-31922PITTS A UNIT 3CR2 Energy LLCTemp AbandonedPanola County, TX32.047557-94.249672
42-365-31984PITTS A UNIT 4CR2 Energy LLCTemp AbandonedPanola County, TX32.054662-94.241512
42-365-33920PITTS A UNIT 5CR2 Energy LLCProducingPanola County, TX32.063110-94.242327
42-365-35888PITTS 1RFE OPERATING, LLCProducingPanola County, TX32.043089-94.247399
42-365-36090PITTS A UNIT 6DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.056046-94.254406
42-365-36401PITTS A UNIT 7CR2 Energy LLCTemp AbandonedPanola County, TX32.050329-94.246291
42-365-36433PITTS A UNIT 8CR2 Energy LLCTemp AbandonedPanola County, TX32.057344-94.242650
42-365-36662PITTS 2PRESTON EXPLORATION LLCPermitted LocationPanola County, TX32.036818-94.252284
42-365-36807PITTS A UNIT 11DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.049094-94.252518
42-365-36854PITTS A UNIT 9CR2 Energy LLCTemp AbandonedPanola County, TX32.055497-94.249976
42-365-36977PITTS 3RFE OPERATING, LLCProducingPanola County, TX32.033701-94.247610
42-365-37006PITTS A UNIT 12DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.051908-94.241743
42-365-37145PITTS A UNIT 13DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.046955-94.246516
42-365-37215PITTS A UNIT 10CR2 Energy LLCTemp AbandonedPanola County, TX32.052179-94.246271
42-365-37369PITTS A UNIT 14DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.045801-94.250177
42-365-37496PITTS A UNIT 16DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.060646-94.238519
42-365-37533PITTS A UNIT 17DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.050939-94.253568
42-365-37563PITTS A UNIT 15DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.065455-94.243178
42-365-38162PITTS 9HINDIGO MINERALS LLCHorizontal Well Surface LocatioPanola County, TX32.044740-94.248485
42-365-38163PITTS 7HRFE OPERATING, LLCProducingPanola County, TX32.045271-94.242649
42-365-38164PITTS 8HRFE OPERATING, LLCProducingPanola County, TX32.044705-94.248573

Leases included in Pitts

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-030070PITTS 1RICHEY OPERATING, INC.Panola County, TX
06-086762PITTS A UNIT 1TANOS EXPLORATION II, LLCPanola County, TX
06-125782PITTS A UNIT 2CR2 Energy LLCPanola County, TX
06-130035PITTS A UNIT 3CR2 Energy LLCPanola County, TX
06-130523PITTS A UNIT 4CR2 Energy LLCPanola County, TX
06-169021PITTS A UNIT 5CR2 Energy LLCPanola County, TX
06-221616PITTS A UNIT 6DIVERSIFIED PRODUCTION LLCPanola County, TX
06-226233PITTS 1RFE OPERATING, LLCPanola County, TX
06-228357PITTS A UNIT 7CR2 Energy LLCPanola County, TX
06-228572PITTS A UNIT 8CR2 Energy LLCPanola County, TX
06-235782PITTS 3RFE OPERATING, LLCPanola County, TX
06-236094PITTS A UNIT 9CR2 Energy LLCPanola County, TX
06-236410PITTS A UNIT 11DIVERSIFIED PRODUCTION LLCPanola County, TX
06-242801PITTS A UNIT 12DIVERSIFIED PRODUCTION LLCPanola County, TX
06-246431PITTS A UNIT 13DIVERSIFIED PRODUCTION LLCPanola County, TX
06-247501PITTS A UNIT 10CR2 Energy LLCPanola County, TX
06-250074PITTS A UNIT 14DIVERSIFIED PRODUCTION LLCPanola County, TX
06-254600PITTS A UNIT 16DIVERSIFIED PRODUCTION LLCPanola County, TX
06-256092PITTS A UNIT 17DIVERSIFIED PRODUCTION LLCPanola County, TX
06-256635PITTS A UNIT 15DIVERSIFIED PRODUCTION LLCPanola County, TX
06-275824PITTS 7HRFE OPERATING, LLCPanola County, TX
06-277985PITTS 8HRFE OPERATING, LLCPanola County, TX
06-289797PITTS A UNIT 1DIVERSIFIED PRODUCTION LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the Pitts property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bleakley PPanola County, TX81 BBLs13,826 MCFSep 2024
Boise SouthernPanola County, TX43 BBLs4,753 MCFSep 2024
Broderick GuPanola County, TX30 BBLs3,450 MCFSep 2024
Chadwick Gas UnitPanola County, TX40 BBLs3,797 MCFSep 2024
Deberry W.HPanola County, TX0 BBLs0 MCFMay 2024
First National BaPanola County, TX76 BBLs4,302 MCFSep 2024
Frost-Parker Unit 1Panola County, TX8 BBLs21,238 MCFSep 2024
Hancock UnitPanola County, TX200 BBLs25,938 MCFSep 2024
Hancock-Smith Gas UnitPanola County, TX49 BBLs16,954 MCFSep 2024
Hooker Charles GPanola County, TX274 BBLs25,295 MCFSep 2024
Knight L. G. Gas Unit 1Panola County, TX0 BBLs0 MCFJun 2023
NolanPanola County, TX60 BBLs9,463 MCFSep 2024
Parker Estate 1Panola County, TX0 BBLs0 MCFJun 2024
PeterPanola County, TX114 BBLs10,423 MCFSep 2024
Pitts A Unit 1Panola County, TX350 BBLs26,711 MCFSep 2024
Twomey Heirs-Hancock-Smith (Allo 1HPanola County, TX180 BBLs13,545 MCFSep 2024
Twomey Heirs-Knight-Strong-Nolan 1HPanola County, TX0 BBLs21,605 MCFSep 2024
Williams-WallPanola County, TX0 BBLs11,542 MCFSep 2024
Woods GuPanola County, TX228 BBLs9,971 MCFSep 2024
Woolworth Gas UnitPanola County, TX26 BBLs6,724 MCFSep 2024

Owners of Pitts

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RFE OPERATING LLCPITTS #7HRFE OPERATING LLC
2024RFE OPERATING LLCPITTS #7HRFE OPERATING LLC
2024CR2 ENERGY LLCPITTS "A" UNIT #1-2-3-4CR2 ENERGY LLC
2024RFE OPERATING LLCPITTS #8HRFE OPERATING LLC
2024RFE OPERATING LLCPITTS #8HRFE OPERATING LLC
2024DIVERSIFIED PRODUCTION LLCPITTS "A" UNIT #16DIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCPITTS "A" UNIT #17DIVERSIFIED PROD LLC
2024DIVERSIFIED PRODUCTION LLCPITTS "A" UNIT #12DIVERSIFIED PROD LLC
Displaying 8 of 1432 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Pitts

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-125782PITTS A UNIT 2Jul 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-226233PITTS 1Jul 2024RFE ETX III, LLC
06-235782PITTS 3Jul 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-235782PITTS 3Jul 2024RFE ETX III, LLC
06-256635PITTS A UNIT 15Jul 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-275824PITTS 7HJul 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-275824PITTS 7HJul 2024RFE ETX III, LLC
06-277985PITTS 8HJul 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-277985PITTS 8HJul 2024RFE ETX III, LLC
06-289797PITTS A UNIT 1Jul 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-250074PITTS A UNIT 14Jun 2024DIVERSIFIED PRODUCTION LLC
06-250074PITTS A UNIT 14Jun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-254600PITTS A UNIT 16Jun 2024DIVERSIFIED PRODUCTION LLC
06-254600PITTS A UNIT 16Jun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-256092PITTS A UNIT 17Jun 2024DIVERSIFIED PRODUCTION LLC
06-256092PITTS A UNIT 17Jun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-256635PITTS A UNIT 15Jun 2024DK TRADING & SUPPLY, LLCDIVERSIFIED PRODUCTION LLC
06-256635PITTS A UNIT 15Jun 2024DIVERSIFIED PRODUCTION LLC
06-256635PITTS A UNIT 15Jun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-275824PITTS 7HJun 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-275824PITTS 7HJun 2024RFE ETX III, LLC
06-277985PITTS 8HJun 2024TRUTH RESOURCES, L.P.RFE OPERATING, LLC
06-277985PITTS 8HJun 2024RFE ETX III, LLC
06-289797PITTS A UNIT 1Jun 2024DIVERSIFIED PRODUCTION LLC
06-289797PITTS A UNIT 1Jun 2024DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC