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 269118District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.2 M
Feb 2013 – May 2026
Value, last 12 filed months
$9 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 Gas112013-12-17211370
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
CondensateDisposition343,062 bbl$27,249,999
GasProduction1,092,613 Mcf$3,985,472
Total$31,235,472

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 28.8804, -97.7930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88039, -97.79302 · 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
12,927 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 12,927 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-255325610103H12,927 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20251313066.483.13$8,803
May 202513244560.553.23$9,431
Apr 20254181,32762.363.54$30,768
Mar 20254651,89667.704.27$39,573
Feb 202518763570.884.34$16,011
Jan 202520077574.324.28$18,180
Dec 202412753468.993.12$10,429
Nov 202413912869.052.20$9,879
Oct 20247510671.372.28$5,595
Sep 202412517569.612.36$9,115
Aug 202413521375.632.06$10,650
Jul 20248316079.932.15$6,978
Jun 2024805678.082.63$6,394
May 2024948578.812.20$7,595
Apr 202412223384.451.66$10,689
Mar 20243061,62680.301.55$27,084
Feb 20243521,98376.091.78$30,321
Jan 20243622,26273.023.30$33,893
Dec 20233632,35471.262.61$32,013
Nov 20233892,42077.892.81$37,094
Oct 20233782,35885.443.09$39,576
Sep 20234902,46889.042.74$50,380
Aug 20235302,61780.522.67$49,671
Jul 20235762,78274.852.64$50,463
Jun 20236472,93168.962.26$51,237
May 202335686570.622.23$27,067
Apr 20231961,09978.122.24$17,771
Mar 20234872,62672.852.39$41,762
Feb 20234612,49175.112.47$40,768
Jan 20235392,99376.533.39$51,389
Dec 20225953,97676.415.73$68,243
Nov 202244210,28585.005.65$95,641
Oct 202257510,42687.185.86$111,264
Sep 20229232184.888.16$10,430
Aug 202216395194.529.13$24,087
Jul 20223301,917101.587.54$47,980
Jun 20227833,780115.097.98$120,269
May 20221,1557,659109.378.43$190,911
Apr 20221401,104104.226.84$22,140
Mar 20221661,358108.885.08$24,968
Feb 202211081791.054.86$13,985
Jan 20221631,25881.844.54$19,048
Dec 20211461,31771.323.90$15,548
Nov 20211111,05377.435.24$14,109
Oct 20217748079.795.71$8,886
Sep 20218971669.865.35$10,049
Aug 202123781166.024.22$19,070
Jul 20215002,32770.783.98$44,656
Jun 20215773,24369.493.38$51,059
May 20213502,74063.483.02$30,486
Apr 20212981,17160.362.76$21,217
Mar 20216112,80961.302.72$45,086
Feb 20214392,53857.805.55$39,455
Jan 20215812,87350.412.81$37,362
Dec 20206133,02644.642.68$35,460
Nov 20205962,86738.772.71$30,867
Oct 20205613,51336.972.48$29,447
Sep 20206207,40637.091.99$37,741
Aug 20206428,80839.982.39$46,675
Jul 20206117,38938.371.83$36,930
Jun 20205977,68134.901.69$33,819
May 20203984,65716.921.81$15,185
Apr 20205324,30814.751.80$15,620
Mar 20205424,63430.341.86$25,046
Feb 20206155,46849.881.98$41,507
Jan 20204953,99657.252.09$36,709
Dec 20195914,03459.012.30$44,171
Nov 20194704,51255.302.75$38,402
Oct 20195655,16853.472.42$42,710
Sep 20198384,83355.052.66$58,975
Aug 20198365,26753.112.30$56,537
Jul 20198264,26556.272.46$56,971
Jun 20198524,51252.782.49$56,209
May 20198764,62758.482.74$63,908
Apr 20198494,43462.632.75$65,369
Mar 20199184,87756.803.06$67,076
Feb 20198144,07850.852.79$52,779
Jan 20199093,88946.033.23$54,396
Dec 20188163,30746.594.19$51,859
Nov 20188683,86752.934.24$62,329
Oct 20189403,76461.443.40$70,544
Sep 20188823,28859.543.11$62,733
Aug 20189143,46459.403.07$64,914
Jul 20189704,13665.142.93$75,312
Jun 20189974,01160.183.08$72,341
May 20181,0414,11965.382.90$80,009
Apr 20181,0934,31163.842.90$82,282
Mar 20181,3234,09761.222.79$92,412
Feb 20181,1054,19261.782.77$79,862
Jan 20181,1063,99162.874.01$85,535
Dec 20178133,30557.272.92$56,216
Nov 20171,0484,21355.423.12$71,218
Oct 20171,1304,48349.292.98$69,074
Sep 20171,1874,88247.523.09$71,478
Aug 20179273,56145.373.00$52,757
Jul 20171,2024,58243.873.09$66,878
Jun 20171,2164,51842.493.09$65,616
May 20171,2844,73345.373.26$73,701
Apr 20171,2704,62747.933.21$75,731
Mar 20171,4014,91146.772.98$80,178
Feb 20171,4444,59550.452.95$86,417
Jan 20171,3945,26949.413.42$86,891
Dec 20161,3675,45048.763.72$86,944
Nov 20161,4135,86142.492.64$75,537
Oct 20161,5076,57046.193.09$89,911
Sep 20161,8386,66741.553.10$97,041
Aug 20161,7844,82141.442.92$88,027
Jul 20161,7684,96941.622.92$88,115
Jun 20161,8324,86745.352.69$96,153
May 20161,7714,66442.521.99$84,589
Apr 20161,9665,57036.561.99$82,967
Mar 20161,8175,15633.011.79$69,229
Feb 20162,0165,60326.472.06$64,926
Jan 20162,2186,52927.352.36$76,099
Dec 20152,4167,33032.362.00$92,852
Nov 20152,8768,94738.792.17$130,951
Oct 20152,1606,74943.552.43$110,445
Sep 20152,4187,24742.992.76$123,940
Aug 20152,7447,94240.162.87$133,012
Jul 20152,9658,34048.152.95$167,327
Jun 20152,7888,47856.152.88$180,987
May 20153,1149,50055.212.96$200,001
Apr 20153,0239,47049.822.71$176,237
Mar 20153,71011,81242.892.93$193,787
Feb 20153,3239,69344.662.98$177,253
Jan 20153,95311,93043.433.10$208,669
Dec 20143,86513,50254.693.59$259,867
Nov 20144,50413,92570.464.25$376,559
Oct 20145,25615,90978.303.90$473,605
Sep 20145,94418,91186.164.05$588,638
Aug 20146,83021,85289.394.04$698,709
Jul 20146,34518,58396.564.18$690,343
Jun 20147,76319,34198.164.74$853,632
May 20147,71220,81594.734.73$828,941
Apr 20145,79617,73895.944.81$641,372
Mar 20141,1793,34695.895.06$129,974
Feb 20145,42714,76497.406.19$620,008
Jan 20149,44825,81290.404.86$979,564
Dec 20139,59926,27291.824.35$995,781
Nov 201311,05628,73088.853.74$1,089,726
Oct 201312,36132,46297.423.78$1,326,894
Sep 201312,77533,539104.113.72$1,454,695
Aug 201314,41837,697104.253.52$1,635,868
Jul 201315,47439,643102.523.72$1,733,777
Jun 201316,38441,33894.403.93$1,709,249
May 201318,65745,73394.834.15$1,958,993
Apr 201319,03844,59793.964.28$1,979,801
Mar 201321,54947,07193.623.91$2,201,600
Feb 20134,68311,79091.233.42$467,551

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.

Jun 2025 — as filed, then multipliedworked
Condensate           131 bbl  × $ 66.48 =     $8,709
Gas                   30 Mcf  × $  3.13 =        $94

────────────────────────────────────────────────────
Month total                                   $8,803

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/269118 is the state's own key, not one this site invented.