RIECK UNIT
RIECK UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Tema Oil And Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 980,578 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 $11K, with roughly $8K 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 1,406 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 8,844 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 RIECK UNIT
- Who operates RIECK UNIT?
- RIECK UNIT is operated by Tema Oil And Gas Company, Railroad Commission of Texas operator number 841329.
- Where is RIECK UNIT?
- RIECK UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 256826.
- Is RIECK UNIT still producing?
- RIECK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIECK UNIT is August 2026.
- How much has RIECK UNIT produced?
- RIECK UNIT has reported 980,578 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2010 and August 2026, from 1 wellbore.
- How much is RIECK UNIT worth?
- The remaining production from RIECK UNIT is estimated to be worth about $11K in total as of 26 August 2026, within a range of $9K to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIECK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RIECK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIECK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RIECK UNIT generate in a year?
- RIECK UNIT is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RIECK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tema Oil And Gas Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 256826 |
| Wellbores | 1 |
| Reported production | 980,578 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where RIECK 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.