GAGE-PITTS UNIT
GAGE-PITTS UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Burlington Resources O & G Co Lp. It has 1 wellbore on file with the Commission. Reported production runs from December 2002 to August 2026, totalling 355,750 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $325 expected over the next twelve months.
| Operator | Burlington Resources O & G Co Lp |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 192256 |
| Wellbores | 1 |
| Reported production | 355,750 mcf |
| First reported | December 2002 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.