The angular momentum \( L \) of a satellite in a circular orbit is given by:
\[
L = m v r,
\]
where:
- \( m \) is the mass of the satellite,
- \( v \) is the orbital velocity,
- \( r \) is the radius of the orbit.
The orbital velocity \( v \) is given by:
\[
v = \sqrt{\frac{GM}{r}},
\]
where \( G \) is the gravitational constant, and \( r \) is the distance from the center of the Earth. The satellite is at a height of \( \frac{R}{3} \) from the Earth's surface, so the total distance from the center is:
\[
r = R + \frac{R}{3} = \frac{4R}{3}.
\]
Now, the angular momentum becomes:
\[
L = m \cdot \sqrt{\frac{GM}{r}} \cdot r = m \cdot \sqrt{\frac{GM}{\frac{4R}{3}}} \cdot \frac{4R}{3}.
\]
Substitute \( m = \frac{M}{2} \):
\[
L = \frac{M}{2} \cdot \sqrt{\frac{3GM}{4R}} \cdot \frac{4R}{3}.
\]
After simplifying, we get:
\[
L = M \sqrt{\frac{GM R}{x}},
\]
where \( x = 4 \).
Thus, the value of \( x \) is 4.