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 269134District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$34.2 M
Feb 2013 – May 2026
Value, last 12 filed months
$675 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 Gas112014-05-14213034
NGPA2none

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
CondensateDisposition390,395 bbl$30,144,307
GasProduction1,105,898 Mcf$4,012,182
Total$34,156,488

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 28.8818, -97.7914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88180, -97.79144 · 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
12,884 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 12,884 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-255325620104H12,884 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 20265841,356106.413.05$66,274
Apr 20269212,04998.932.87$96,995
Mar 20267271,96589.753.15$71,437
Feb 20266601,63563.503.75$48,042
Jan 20261581,65659.138.00$22,587
Dec 20257212,02156.664.41$49,771
Nov 20257191,80058.593.93$49,194
Oct 20251,0951,77459.383.30$70,884
Sep 20251,8123,10162.743.08$123,226
Aug 20254221,80863.933.01$32,429
Jul 20250066.743.32$0
Jun 20256001,21066.483.13$43,674
May 20256981,65260.553.23$47,604
Apr 20254131,51562.363.54$31,123
Mar 20254991,86567.704.27$41,743
Feb 20255431,52070.884.34$45,086
Jan 20254361,77574.324.28$39,998
Dec 20245141,77668.993.12$41,004
Nov 20244983,35269.052.20$41,756
Oct 20245082,03671.372.28$40,901
Sep 20243881,77269.612.36$31,198
Aug 20247482,41875.632.06$61,561
Jul 20245742,64879.932.15$51,564
Jun 20241,5002,49378.082.63$123,687
May 20241,3292,66478.812.20$110,595
Apr 20244432,33584.451.66$41,286
Mar 20245501,41780.301.55$46,354
Feb 20246142,39376.091.78$50,988
Jan 20245602,51373.023.30$49,178
Dec 20236372,31271.262.61$51,429
Nov 20237232,75477.892.81$64,046
Oct 20231,0524,25085.443.09$103,004
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023211174.852.64$1,601
Jun 20230068.962.26$0
May 202301870.622.23$40
Apr 20232811,43978.122.24$25,172
Mar 20236123,22472.852.39$52,300
Feb 20237242,69875.112.47$61,032
Jan 20238163,40576.533.39$73,984
Dec 20226861,74976.415.73$62,437
Nov 202267931485.005.65$59,488
Oct 202286239387.185.86$77,454
Sep 20227332,72384.888.16$84,447
Aug 20228513,53294.529.13$112,674
Jul 20229583,530101.587.54$123,937
Jun 20226173,212115.097.98$96,633
May 20226424,225109.378.43$105,845
Apr 20224403,888104.226.84$72,441
Mar 20225172,926108.885.08$71,145
Feb 20225552,67891.054.86$63,545
Jan 20226663,34181.844.54$69,666
Dec 20217343,72271.323.90$66,861
Nov 20216853,50177.435.24$71,374
Oct 20216553,52679.795.71$72,410
Sep 20216683,54369.865.35$65,625
Aug 20219693,53866.024.22$78,906
Jul 20218083,44870.783.98$70,920
Jun 20218313,47869.493.38$69,504
May 20217363,76063.483.02$58,068
Apr 20218723,58860.362.76$62,531
Mar 20219483,83761.302.72$68,537
Feb 20216663,63357.805.55$58,651
Jan 20218424,24450.412.81$54,372
Dec 20204342,34244.642.68$25,640
Nov 20208263,61538.772.71$41,808
Oct 20209984,03036.972.48$46,884
Sep 20208953,62137.091.99$40,405
Aug 20209053,86039.982.39$45,388
Jul 20201,0453,81438.371.83$47,058
Jun 20208643,42434.901.69$35,941
May 20209493,61816.921.81$22,623
Apr 20208503,55714.751.80$18,956
Mar 20207852,70530.341.86$28,838
Feb 20208673,41049.881.98$50,000
Jan 20206433,26757.252.09$43,655
Dec 20196574,68859.012.30$49,572
Nov 20196053,66455.302.75$43,535
Oct 20198134,30153.472.42$53,873
Sep 20199353,65355.052.66$61,179
Aug 20199583,73853.112.30$59,493
Jul 20199894,00956.272.46$65,513
Jun 20199513,98152.782.49$60,111
May 20191,0324,53458.482.74$72,776
Apr 20191,0664,35962.632.75$78,754
Mar 20191,2384,92556.803.06$85,399
Feb 20191,4981,69050.852.79$80,892
Jan 20191,2652,36946.033.23$65,876
Dec 20181,1862,45046.594.19$65,510
Nov 20181,3392,51352.934.24$81,521
Oct 20181,4092,72761.443.40$95,836
Sep 20181,2542,93359.543.11$83,779
Aug 20181,2954,20959.403.07$89,830
Jul 20181,2784,74465.142.93$97,158
Jun 20181,3424,60660.183.08$94,934
May 20181,2554,74465.382.90$95,813
Apr 20181,3205,58363.842.90$100,464
Mar 20181,4545,28161.222.79$103,731
Feb 20181,4434,05061.782.77$100,351
Jan 20181,3086,09462.874.01$106,667
Dec 20179454,15157.272.92$66,247
Nov 20171,0954,55955.423.12$74,902
Oct 20171,3815,25249.292.98$83,740
Sep 20171,4205,32947.523.09$83,931
Aug 20171,3695,30045.373.00$78,035
Jul 20171,4245,35843.873.09$79,013
Jun 20171,5045,52142.493.09$80,950
May 20171,5785,72745.373.26$90,283
Apr 20171,6065,76247.933.21$95,481
Mar 20171,6176,12446.772.98$93,899
Feb 20171,6585,74850.452.95$100,618
Jan 20171,7376,19749.413.42$107,011
Dec 20161,7796,74248.763.72$111,843
Nov 20161,8096,99642.492.64$95,364
Oct 20161,9217,40146.193.09$111,602
Sep 20162,4538,12841.553.10$127,124
Aug 20162,0295,60141.442.92$100,461
Jul 20162,4036,49341.622.92$119,001
Jun 20162,4106,56845.352.69$126,934
May 20162,5087,38042.521.99$121,334
Apr 20162,7457,62036.561.99$115,529
Mar 20162,5257,24833.011.79$96,353
Feb 20162,5397,87326.472.06$83,454
Jan 20163,42710,31127.352.36$118,107
Dec 20153,78511,65732.362.00$145,813
Nov 20154,65815,44838.792.17$214,165
Oct 20152,5227,06843.552.43$126,984
Sep 20152,4856,86742.992.76$125,772
Aug 20152,7257,30440.162.87$130,417
Jul 20152,9637,59448.152.95$165,033
Jun 20152,9127,59356.152.88$185,398
May 20153,1098,08355.212.96$195,537
Apr 20153,0527,96049.822.71$173,595
Mar 20153,2708,50942.892.93$165,222
Feb 20153,0558,02444.662.98$160,317
Jan 20153,5479,39543.433.10$183,177
Dec 20143,69210,23254.693.59$238,662
Nov 20143,92610,49670.464.25$321,253
Oct 20143,78810,30378.303.90$336,792
Sep 20144,23411,47086.164.05$411,203
Aug 20145,09112,81489.394.04$506,791
Jul 20145,49313,34196.564.18$586,164
Jun 20145,62213,63298.164.74$616,429
May 20145,89614,39694.734.73$626,572
Apr 20146,28015,55195.944.81$677,290
Mar 20144,76514,20695.895.06$528,753
Feb 20146,92719,29597.406.19$794,164
Jan 20149,94125,10890.404.86$1,020,709
Dec 201310,94827,61891.824.35$1,125,507
Nov 201311,93528,82288.853.74$1,168,169
Oct 201313,30032,22997.423.78$1,417,491
Sep 201313,57233,459104.113.72$1,537,373
Aug 201314,38436,399104.253.52$1,627,751
Jul 201315,33038,346102.523.72$1,714,192
Jun 201316,22539,90394.403.93$1,688,595
May 201318,32743,85594.834.15$1,919,907
Apr 201318,97743,63893.964.28$1,969,963
Mar 201321,57346,69893.623.91$2,202,387
Feb 20136,53315,12991.233.42$647,745

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           584 bbl  × $106.41 =    $62,143
Gas                1,356 Mcf  × $  3.05 =     $4,130

────────────────────────────────────────────────────
Month total                                  $66,274

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/269134 is the state's own key, not one this site invented.