RITTER UNIT 1
RITTER UNIT 1 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Memorial Production Oper. LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 4,726,216 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 $1.2M, with roughly $195K 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 7,099 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 23,363 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RITTER UNIT 1
- Who operates RITTER UNIT 1?
- RITTER UNIT 1 is operated by Memorial Production Oper. LLC, Railroad Commission of Texas operator number 559624.
- Where is RITTER UNIT 1?
- RITTER UNIT 1 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 270470.
- Is RITTER UNIT 1 still producing?
- RITTER UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RITTER UNIT 1 is August 2026.
- How much has RITTER UNIT 1 produced?
- RITTER UNIT 1 has reported 4,726,216 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2013 and August 2026, from 1 wellbore.
- How much is RITTER UNIT 1 worth?
- The remaining production from RITTER UNIT 1 is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $1.0M to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RITTER UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production RITTER UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RITTER UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does RITTER UNIT 1 generate in a year?
- RITTER UNIT 1 is forecast to net about $195K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RITTER UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Memorial Production Oper. LLC |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 270470 |
| Wellbores | 1 |
| Reported production | 4,726,216 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where RITTER UNIT 1 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.