RITA UNIT
RITA UNIT is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 155,693 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 the whole lease — a 100% undivided interest — at about $66K, with roughly $21K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 376 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 6,439 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about RITA UNIT
- Who operates RITA UNIT?
- RITA UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is RITA UNIT?
- RITA UNIT is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 289989.
- Is RITA UNIT still producing?
- RITA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RITA UNIT is August 2026.
- How much has RITA UNIT produced?
- RITA UNIT has reported 155,693 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2013 and August 2026, from 1 wellbore.
- How much is RITA UNIT worth?
- The remaining production from RITA UNIT is estimated to be worth about $66K in total as of 26 August 2026, within a range of $51K to $80K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RITA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RITA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RITA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RITA UNIT generate in a year?
- RITA UNIT is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RITA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 289989 |
| Wellbores | 1 |
| Reported production | 155,693 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where RITA UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.