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 - Aug 2024
Total Oil Production119,010 BBLs
Total Gas Production5,971,135 MCF
Recent Oil Production151 BBLs in Jul 2024
Recent Gas Production16,629 MCF in Jul 2024
Wells on Property6

Our Valuation Estimates for Gage-Pitts Unit

ShaleAssessment™

$81,983 *

MarketMultiple™

$66,105 **

* 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 Aug 2024

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.ProducingWise 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 BBLs3,027 MCFAug 2024
AllenWise County, TX0 BBLs2,251 MCFAug 2024
Arthur DowneWise County, TX140 BBLs19,588 MCFAug 2024
B.M. Caraway (Aw)Wise County, TX105 BBLs16,276 MCFAug 2024
BlackerbyWise County, TX26 BBLs1,375 MCFAug 2024
CarawayWise County, TX0 BBLs3,541 MCFAug 2024
Cole Trust StonyDenton County, TX39 BBLs40,067 MCFAug 2024
Corinth ChurchWise County, TX18 BBLs5,703 MCFAug 2024
Downe AWise County, TX0 BBLs445 MCFAug 2024
Etta T. Dobbins (Aw)Wise County, TX233 BBLs23,228 MCFAug 2024
Fox 1Wise County, TX0 BBLs10,532 MCFAug 2024
Janecka (Wise County, TX236 BBLs33,329 MCFAug 2024
M.T. Cole-Ncle (Aw) 1HWise County, TX63 BBLs13,717 MCFAug 2024
Mara UnitWise County, TX87 BBLs18,149 MCFAug 2024
MasonWise County, TX24 BBLs3,188 MCFAug 2024
Ncle-BJ Barnett (Aw)Wise County, TX22 BBLs15,472 MCFAug 2024
North County Line EstatesWise County, TX0 BBLs1,231 MCFAug 2024
Pugh Gas UnitWise County, TX46 BBLs6,960 MCFAug 2024
RamseyWise County, TX0 BBLs1,377 MCFAug 2024
RedwineWise County, TX30 BBLs5,663 MCFAug 2024

Companies in the Area

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

Company Name
Bedrock Production, LLC
BKV Barnett, LLC
Carter Energy Corporation
Case Resources, LLC
Dallas Production, Inc.
Devon Energy Operating Co., L.P.
Devon Energy Production Company LP
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
2024LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #4HLIME ROCK RESO
2024LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #5HLIME ROCK RESO
2024LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #3HLIME ROCK RESO
2024LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #6HLIME ROCK RESO
2024LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #2LIME ROCK RESO
2024GAGE C L JRGAGE-PITTS UNIT #5HLIME ROCK RESO
2024GAGE C L JRGAGE-PITTS UNIT #4HLIME ROCK RESO
2024LIME ROCK RESOURCES IV-A LPGAGE-PITTS UNIT #1LIME 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 1Jul 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Jul 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Jul 2024RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HJul 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HJul 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJul 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJul 2024RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HJul 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HJul 2024RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Jun 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Jun 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HJun 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HJun 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HJun 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HJun 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1May 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2May 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2May 2024RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-244003GAGE-PITTS UNIT 4HMay 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-244360GAGE-PITTS UNIT 3HMay 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253046GAGE-PITTS UNIT 6HMay 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HMay 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-253049GAGE-PITTS UNIT 5HMay 2024RED RIVER CRUDE OIL LLCLIME ROCK RESOURCES IV-A, L.P.
09-192256GAGE-PITTS UNIT 1Apr 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.
09-198640GAGE-PITTS UNIT 2Apr 2024TARGA MIDSTREAM SERVICES LLCLIME ROCK RESOURCES IV-A, L.P.