HANDY 02

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258773District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$37.3 M
Apr 2010 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
194
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-03-22203655
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition409,116 bbl$32,053,217
GasProduction1,347,036 Mcf$5,254,378
Total$37,307,595

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.8825, -97.7870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88255, -97.78697 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,885 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,885 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-255316350101H12,885 ftMar 2011

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (194)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

194 months

May 2026115471106.413.05$13,672
Apr 202628890198.932.87$31,077
Mar 202626398589.753.15$26,706
Feb 20265232,32063.503.75$41,911
Jan 202612359.138.00$734
Dec 202514456.664.41$811
Nov 20253158.593.93$180
Oct 20250059.383.30$0
Sep 20252171,49462.743.08$18,212
Aug 20250063.933.01$0
Jul 20252272,40466.743.32$23,120
Jun 20251951,94066.483.13$19,033
May 20252511,93960.553.23$21,466
Apr 20252332,70562.363.54$24,114
Mar 20253083,10267.704.27$34,092
Feb 20252412,17170.884.34$26,506
Jan 20251981,56274.324.28$21,399
Dec 20242013,13068.993.12$23,637
Nov 20242322,31869.052.20$21,116
Oct 20242432,50071.372.28$23,046
Sep 20242072,41869.612.36$20,126
Aug 20242453,00775.632.06$24,735
Jul 20242863,14379.932.15$29,607
Jun 20241961,30678.082.63$18,744
May 20243022,12278.812.20$28,466
Apr 20242612,57784.451.66$26,317
Mar 2024712,37280.301.55$9,366
Feb 20244150276.091.78$4,015
Jan 20241453,42873.023.30$21,892
Dec 20231975,06871.262.61$27,269
Nov 20231068,35277.892.81$31,705
Oct 20231082,85485.443.09$18,039
Sep 2023532,98589.042.74$12,883
Aug 20231113,04180.522.67$17,066
Jul 2023931,40474.852.64$10,670
Jun 2023501,18968.962.26$6,133
May 2023951,12870.622.23$9,221
Apr 20231111,06478.122.24$11,052
Mar 2023441,05372.852.39$5,725
Feb 20234567975.112.47$5,054
Jan 2023631,47076.533.39$9,801
Dec 2022792,07776.415.73$17,936
Nov 20221731,52985.005.65$23,338
Oct 20221102,19087.185.86$22,431
Sep 20221662,30884.888.16$32,932
Aug 2022872,36294.529.13$29,782
Jul 20222152,230101.587.54$38,659
Jun 20221531,576115.097.98$30,181
May 20221142,067109.378.43$29,899
Apr 20221841,750104.226.84$31,142
Mar 20221632,009108.885.08$27,946
Feb 202214936291.054.86$15,325
Jan 20222001,82181.844.54$24,631
Dec 20211921,83771.323.90$20,856
Nov 20211911,73077.435.24$23,849
Oct 20211921,78779.795.71$25,530
Sep 20211271,64069.865.35$17,648
Aug 20211531,57566.024.22$16,748
Jul 20211371,68370.783.98$16,399
Jun 20211601,82869.493.38$17,298
May 20212032,31263.483.02$19,863
Apr 20212091,57560.362.76$16,960
Mar 20211962,01461.302.72$17,487
Feb 20211333957.805.55$7,904
Jan 20212121,28150.412.81$14,287
Dec 20202221,81544.642.68$14,766
Nov 20201822,26238.772.71$13,178
Oct 20201662,46236.972.48$12,239
Sep 20201602,08637.091.99$10,088
Aug 20202222,55339.982.39$14,965
Jul 20202012,15738.371.83$11,649
Jun 20202622,80934.901.69$13,892
May 20203983,28516.921.81$12,696
Apr 20206055,67014.751.80$19,155
Mar 20201761,42230.341.86$7,979
Feb 202076049.881.98$468
Jan 20203357.252.09$178
Dec 201912763259.012.30$8,951
Nov 20193512,25255.302.75$25,605
Oct 20195081,21453.472.42$30,099
Sep 20199452,35655.052.66$58,283
Aug 20197922,00453.112.30$46,681
Jul 20197032,21856.272.46$45,014
Jun 20196492,17452.782.49$39,670
May 20197022,41958.482.74$47,682
Apr 20197032,41162.632.75$50,661
Mar 20198103,00456.803.06$55,207
Feb 20197262,09450.852.79$42,764
Jan 20197561,90546.033.23$40,948
Dec 20185961,75846.594.19$35,126
Nov 20187222,37752.934.24$48,287
Oct 20188022,34861.443.40$57,254
Sep 20187622,50259.543.11$53,146
Aug 20188382,51559.403.07$57,490
Jul 20189303,18665.142.93$69,921
Jun 20181,5774,65560.183.08$109,227
May 201801,96565.382.90$5,700
Apr 20180063.842.90$0
Mar 20188621,46461.222.79$56,852
Feb 20181,1201,98961.782.77$74,695
Jan 20189232,65062.874.01$68,654
Dec 20171,2812,08757.272.92$79,460
Nov 20179252,23555.423.12$58,233
Oct 20175691,29049.292.98$31,895
Sep 20177732,51447.523.09$44,494
Aug 20179093,17045.373.00$50,765
Jul 201726082843.873.09$13,962
Jun 20177602,71942.493.09$40,687
May 20179833,44045.373.26$55,825
Apr 20171,0483,69547.933.21$62,098
Mar 20171,1994,32446.772.98$68,979
Feb 20171,1723,89550.452.95$70,628
Jan 20179373,04649.413.42$56,711
Dec 20161,4304,24548.763.72$85,530
Nov 20161,3224,46742.492.64$67,984
Oct 20162,0045,76146.193.09$110,368
Sep 20168251,84441.553.10$39,996
Aug 20161,1142,72941.442.92$54,145
Jul 20161,3013,12441.622.92$63,283
Jun 20161,1102,59545.352.69$57,308
May 20161,2832,13642.521.99$58,806
Apr 20161,3403,15036.561.99$55,262
Mar 20161,3123,26833.011.79$49,172
Feb 20161,7514,31126.472.06$55,245
Jan 20161,7924,47827.352.36$59,599
Dec 20151,1323,31732.362.00$43,270
Nov 20153,0427,78738.792.17$134,876
Oct 20157931,86843.552.43$39,068
Sep 20151,4453,73242.992.76$72,415
Aug 20151,6624,24140.162.87$78,928
Jul 20152,0835,08848.152.95$115,281
Jun 20151,8274,42456.152.88$115,340
May 20152,0854,96355.212.96$129,781
Apr 20152,0024,68349.822.71$112,415
Mar 20152,2745,30542.892.93$113,101
Feb 20152,2375,18044.662.98$115,321
Jan 20152,7486,43143.433.10$139,286
Dec 20142,9756,79054.693.59$187,088
Nov 20142,7866,18470.464.25$222,595
Oct 20142,7316,00778.303.90$237,270
Sep 20142,9766,63786.164.05$283,262
Aug 20143,0277,25489.394.04$299,854
Jul 20143,0797,79796.564.18$329,897
Jun 20143,7828,30998.164.74$410,600
May 20144,3468,89794.734.73$453,749
Apr 20144,6998,94895.944.81$493,854
Mar 20145,0829,02695.895.06$532,956
Feb 20144,9739,50397.406.19$543,213
Jan 20145,21010,13290.404.86$520,233
Dec 20136,44112,45691.824.35$645,652
Nov 20134,8659,26788.853.74$466,898
Oct 20134,0387,65797.423.78$422,321
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20132,9445,788102.523.72$323,337
Jun 20135,46211,48494.403.93$560,784
May 20136,87214,04794.834.15$709,954
Apr 20138,15216,33593.964.28$835,918
Mar 20135,94911,54793.623.91$602,127
Feb 20131,1512,17191.233.42$112,430
Jan 20130091.603.42$0
Dec 20123,4747,21786.773.42$326,122
Nov 20127921,28786.953.62$73,530
Oct 201233837289.383.40$31,475
Sep 20122,5308,27794.672.92$263,671
Aug 20123,5229,51892.662.91$354,028
Jul 20123,3409,75085.133.02$313,787
Jun 20123,82910,74679.822.52$332,700
May 20123,79210,58091.612.49$373,712
Apr 20124,58710,640101.652.00$487,515
Mar 20123,31410,505105.052.22$371,479
Feb 20124,0719,838101.102.57$436,864
Jan 20124,11810,09098.092.73$431,521
Dec 20112,92611,44896.873.24$320,530
Nov 20114,36312,78095.723.31$459,945
Oct 20114,81615,55884.983.65$466,028
Sep 20114,31115,39883.623.99$421,859
Aug 20116,11619,57783.404.15$591,306
Jul 20116,44916,37694.144.52$681,083
Jun 20116,03512,98492.904.64$620,896
May 20116,85016,25398.134.40$743,782
Apr 20115,93414,085105.964.33$689,801
Mar 20117,74119,01496.364.06$823,069
Feb 20117,40316,68985.644.18$703,753
Jan 20118,46833,62886.504.59$886,793
Dec 20107,26932,07885.734.35$762,638
Nov 20108,12537,08780.843.80$797,582
Oct 20109,78041,08678.103.51$907,984
Sep 201014,07265,18772.633.98$1,281,459
Aug 201019,06283,80173.684.42$1,774,835
Jul 201021,24481,99972.554.74$1,929,640
Jun 201032,670122,70970.364.91$2,901,211
May 20107,84330,52371.124.24$687,066
Apr 20107,66229,98081.694.12$749,507

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate           115 bbl  × $106.41 =    $12,237
Gas                  471 Mcf  × $  3.05 =     $1,435

────────────────────────────────────────────────────
Month total                                  $13,672

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/258773 is the state's own key, not one this site invented.