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 269115District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.3 M
Feb 2013 – May 2026
Value, last 12 filed months
$204 k
at the published price for each month
Months reported
160
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 Gas112013-12-17211369
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
CondensateDisposition301,949 bbl$24,509,211
GasProduction1,035,990 Mcf$3,773,086
Total$28,282,297

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 28.8764, -97.7977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87636, -97.79775 · 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
12,990 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 12,990 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-255323990206H12,990 ftFeb 2013

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 (160)

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

160 months

May 202617060106.413.05$18,272
Apr 202628510098.932.87$28,482
Mar 20262577789.753.15$23,308
Feb 20262538163.503.75$16,369
Jan 2026687859.138.00$4,645
Dec 202520510456.664.41$12,074
Nov 202513230858.593.93$8,943
Oct 20252485559.383.30$14,908
Sep 20252264662.743.08$14,321
Aug 20252548263.933.01$16,485
Jul 20252581,80866.743.32$23,213
Jun 20252631,84766.483.13$23,263
May 20254282,35060.553.23$33,511
Apr 20259185562.363.54$8,704
Mar 20251831,51367.704.27$18,847
Feb 20251133870.884.34$8,174
Jan 202544827474.324.28$34,468
Dec 20242591,92168.993.12$23,865
Nov 20242471,75269.052.20$20,907
Oct 20243281,79571.372.28$27,504
Sep 20243001,66469.612.36$24,817
Aug 20243611,73275.632.06$30,877
Jul 20243161,90979.932.15$29,356
Jun 20242641,69078.082.63$25,065
May 20243031,84278.812.20$27,929
Apr 20243081,97584.451.66$29,288
Mar 20243362,16280.301.55$30,321
Feb 20242047976.091.78$15,663
Jan 20242682,00473.023.30$26,178
Dec 20232561,81671.262.61$22,984
Nov 20232521,77177.892.81$24,600
Oct 20232941,77685.443.09$30,602
Sep 20232901,72489.042.74$30,537
Aug 20232841,73280.522.67$27,497
Jul 20232751,79974.852.64$25,336
Jun 20232281,76068.962.26$19,698
May 20232561,99570.622.23$22,522
Apr 20232312,02878.122.24$22,584
Mar 20232441,96072.852.39$22,466
Feb 20233032,12375.112.47$27,993
Jan 20233112,40976.533.39$31,962
Dec 20222953,17876.415.73$40,748
Nov 20222912,40085.005.65$38,286
Oct 20223002,41987.185.86$40,338
Sep 20223172,35884.888.16$46,157
Aug 20223472,37994.529.13$54,512
Jul 20224272,041101.587.54$58,768
Jun 20224652,130115.097.98$70,508
May 20223431,340109.378.43$48,814
Apr 202233486104.226.84$35,398
Mar 20223991,577108.885.08$51,449
Feb 20222592,03791.054.86$33,479
Jan 20223843,43281.844.54$47,000
Dec 20213653,27471.323.90$38,798
Nov 20213362,91877.435.24$41,298
Oct 20213162,73879.795.71$40,858
Sep 20213902,52469.865.35$40,751
Aug 20218252,20966.024.22$63,790
Jul 20213952,35370.783.98$37,328
Jun 20214322,52969.493.38$38,569
May 20214633,09763.483.02$38,737
Apr 20216043,73360.362.76$46,755
Mar 20217364,45161.302.72$57,210
Feb 20213123,53657.805.55$37,651
Jan 20214134,00050.412.81$32,060
Dec 20204054,61744.642.68$30,432
Nov 20203864,62238.772.71$27,475
Oct 20204813,50836.972.48$26,477
Sep 20204583,52337.091.99$24,002
Aug 20204763,63339.982.39$27,696
Jul 20205923,49438.371.83$29,092
Jun 20205453,54134.901.69$25,006
May 20203703,08516.921.81$11,859
Apr 20203954,58214.751.80$14,094
Mar 20204406,78730.341.86$25,948
Feb 20204634,80849.881.98$32,618
Jan 20204196,02657.252.09$36,611
Dec 20193875,83059.012.30$36,271
Nov 20193335,77055.302.75$34,286
Oct 20194096,52853.472.42$37,657
Sep 20195955,98055.052.66$48,645
Aug 20195955,30153.112.30$43,816
Jul 20193902,21956.272.46$27,404
Jun 20196182,58552.782.49$39,058
May 20196072,74658.482.74$43,022
Apr 20196302,75662.632.75$47,038
Mar 20197075,81756.803.06$57,970
Feb 20196684,34250.852.79$46,092
Jan 20196812,24846.033.23$38,603
Dec 20186212,27846.594.19$38,467
Nov 20186932,49052.934.24$47,231
Oct 20187322,76961.443.40$54,383
Sep 20187172,66259.543.11$50,964
Aug 20187222,53759.403.07$50,667
Jul 20188232,97865.142.93$62,341
Jun 20189334,01860.183.08$68,511
May 20181,0884,43165.382.90$83,987
Apr 20181,3465,96063.842.90$103,217
Mar 201817567061.222.79$12,581
Feb 20187963,24661.782.77$58,156
Jan 20189122,97362.874.01$69,257
Dec 20174783,01257.272.92$36,175
Nov 20177643,16555.423.12$52,210
Oct 20178313,68249.292.98$51,946
Sep 20178313,76247.523.09$51,103
Aug 20178404,02945.373.00$50,216
Jul 20179014,16743.873.09$52,392
Jun 20179394,37142.493.09$53,393
May 20179324,11445.373.26$55,710
Apr 20179714,13947.933.21$59,833
Mar 20179724,26646.772.98$58,189
Feb 20179114,02750.452.95$57,850
Jan 20171,0444,62549.413.42$67,396
Dec 20161,0734,83348.763.72$70,312
Nov 20161,1265,23442.492.64$61,684
Oct 20161,2345,29646.193.09$73,364
Sep 20161,3725,10141.553.10$72,823
Aug 20161,4754,75741.442.92$75,035
Jul 20161,4944,79441.622.92$76,200
Jun 20161,4874,62845.352.69$79,865
May 20161,5335,59242.521.99$76,317
Apr 20161,7075,44936.561.99$73,257
Mar 20161,5535,04333.011.79$60,312
Feb 20161,6585,71726.472.06$55,685
Jan 20161,7696,65627.352.36$64,119
Dec 20151,9177,34132.362.00$76,726
Nov 20151,8457,56038.792.17$87,953
Oct 20152,0166,91143.552.43$104,567
Sep 20151,8225,92942.992.76$94,682
Aug 20152,0206,69440.162.87$100,352
Jul 20152,0056,67948.152.95$116,211
Jun 20152,1086,98656.152.88$138,504
May 20152,3237,47155.212.96$150,333
Apr 20152,3417,54949.822.71$137,061
Mar 20152,5428,32442.892.93$133,455
Feb 20152,4377,75544.662.98$131,917
Jan 20152,7689,61643.433.10$150,030
Dec 20143,0729,93454.693.59$203,684
Nov 20143,26710,04870.464.25$272,915
Oct 20143,54111,29978.303.90$321,337
Sep 20144,39311,64286.164.05$425,598
Aug 20143,58013,55289.394.04$374,700
Jul 20144,15014,66596.564.18$462,018
Jun 20144,16615,63098.164.74$482,972
May 20145,33717,43694.734.73$587,986
Apr 20145,89817,73295.944.81$651,129
Mar 20146,34619,12095.895.06$705,204
Feb 20146,65218,57197.406.19$762,896
Jan 20148,24821,89390.404.86$852,035
Dec 20139,57325,32991.824.35$989,287
Nov 201310,08527,46588.853.74$998,724
Oct 201311,39931,80397.423.78$1,230,686
Sep 201312,03833,514104.113.72$1,377,873
Aug 201313,68638,402104.253.52$1,562,041
Jul 201314,74241,020102.523.72$1,663,852
Jun 201315,57543,09394.403.93$1,639,782
May 201317,55447,88394.834.15$1,863,316
Apr 201317,63646,65593.964.28$1,856,883
Mar 201320,34552,20793.623.91$2,108,978
Feb 20134,67110,63091.233.42$462,489

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           170 bbl  × $106.41 =    $18,090
Gas                   60 Mcf  × $  3.05 =       $183

────────────────────────────────────────────────────
Month total                                  $18,272

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/269115 is the state's own key, not one this site invented.