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 269196District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.9 M
Feb 2013 – May 2026
Value, last 12 filed months
$253 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 Gas112013-12-17211367
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
CondensateDisposition301,518 bbl$24,348,225
GasProduction962,464 Mcf$3,551,408
Total$27,899,633

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 28.8773, -97.7970. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87733, -97.79696 · 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
12,967 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 12,967 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-255324000207H12,967 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 2026125212106.413.05$13,947
Apr 20262231,07698.932.87$25,149
Mar 20262331,13789.753.15$24,493
Feb 202618284863.503.75$14,737
Jan 2026661,20559.138.00$13,540
Dec 20252611,21856.664.41$20,164
Nov 20252491,24158.593.93$19,462
Oct 20252881,18859.383.30$21,028
Sep 20252891,34562.743.08$22,270
Aug 20255041,52163.933.01$36,806
Jul 20252861,83966.743.32$25,184
Jun 20251811,27766.483.13$16,028
May 20252291,34860.553.23$18,223
Apr 20253751,68862.363.54$29,366
Mar 20252831,74767.704.27$26,616
Feb 202525014170.884.34$18,332
Jan 20252321,10774.324.28$21,979
Dec 20242311,44068.993.12$20,431
Nov 20242391,37969.052.20$19,535
Oct 20241891,46271.372.28$16,824
Sep 20241501,59169.612.36$14,203
Aug 20246881,46275.632.06$55,050
Jul 20242541,66279.932.15$23,870
Jun 20242281,50078.082.63$21,753
May 20243471,99578.812.20$31,733
Apr 20242281,06784.451.66$21,025
Mar 20243191,82680.301.55$28,437
Feb 2024212076.091.78$16,131
Jan 20243121,98373.023.30$29,322
Dec 20233552,07071.262.61$30,701
Nov 20233191,89677.892.81$30,170
Oct 20233271,70385.443.09$33,197
Sep 20233351,73189.042.74$34,563
Aug 20233531,78680.522.67$33,197
Jul 20233671,83074.852.64$32,304
Jun 20233281,78568.962.26$26,650
May 20234592,34170.622.23$37,629
Apr 20232461,88678.122.24$23,438
Mar 20232681,83272.852.39$23,908
Feb 20232901,62075.112.47$25,776
Jan 20233431,89076.533.39$32,653
Dec 20223201,66176.415.73$33,967
Nov 20223181,66685.005.65$36,437
Oct 20223371,89987.185.86$40,515
Sep 20223261,82684.888.16$42,578
Aug 20223521,93494.529.13$50,923
Jul 20223541,882101.587.54$50,154
Jun 20223401,733115.097.98$52,955
May 2022316826109.378.43$41,527
Apr 202232383104.226.84$34,231
Mar 2022454972108.885.08$54,366
Feb 20224971,92991.054.86$54,625
Jan 20226672,20881.844.54$64,606
Dec 20216862,54671.323.90$58,853
Nov 20215892,20377.435.24$57,143
Oct 20215542,48379.795.71$58,391
Sep 20215442,41569.865.35$50,926
Aug 20216922,60966.024.22$56,697
Jul 20215902,46270.783.98$51,564
Jun 20215832,49569.493.38$48,947
May 20215412,59463.483.02$42,171
Apr 20215642,46260.362.76$40,834
Mar 20215642,37261.302.72$41,018
Feb 20213652,04357.805.55$32,431
Jan 20214541,99450.412.81$28,490
Dec 20204772,10344.642.68$26,920
Nov 20204581,94638.772.71$23,024
Oct 20204662,04236.972.48$22,289
Sep 20204492,14337.091.99$20,920
Aug 20204712,30639.982.39$24,331
Jul 20204712,36738.371.83$22,392
Jun 20204592,45734.901.69$20,172
May 20204842,48016.921.81$12,690
Apr 20204932,56614.751.80$11,902
Mar 20205522,92330.341.86$22,173
Feb 20205662,38649.881.98$32,958
Jan 20204032,03557.252.09$27,335
Dec 20194662,42359.012.30$33,082
Nov 20194182,16255.302.75$29,062
Oct 20194632,84953.472.42$31,647
Sep 20196252,54955.052.66$41,180
Aug 20196932,63853.112.30$42,884
Jul 20195512,33156.272.46$36,739
Jun 20196142,51252.782.49$38,665
May 20196412,64958.482.74$44,745
Apr 20196792,78362.632.75$50,181
Mar 20197712,85556.803.06$52,535
Feb 20197412,07450.852.79$43,471
Jan 20198482,59646.033.23$47,414
Dec 20186332,56146.594.19$40,210
Nov 20187733,09852.934.24$54,042
Oct 20188383,27961.443.40$62,629
Sep 20188003,03659.543.11$57,068
Aug 20189123,48459.403.07$64,857
Jul 20181,0834,76365.142.93$84,511
Jun 20181,1684,24360.183.08$83,346
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201829394561.222.79$20,571
Feb 20185432,17261.782.77$39,555
Jan 20181,1652,30162.874.01$82,469
Dec 201723063257.272.92$15,019
Nov 20177543,41855.423.12$52,445
Oct 20178644,10549.292.98$54,835
Sep 20179424,31847.523.09$58,095
Aug 20178513,95445.373.00$50,489
Jul 20174482,08543.873.09$26,091
Jun 20175782,71242.493.09$32,932
May 20177773,50745.373.26$46,697
Apr 20179594,48847.933.21$60,379
Mar 20171,0134,55446.772.98$60,966
Feb 20179444,22450.452.95$60,097
Jan 20171,0994,86949.413.42$70,948
Dec 20161,1504,93148.763.72$74,431
Nov 20161,1284,92542.492.64$60,952
Oct 20161,2625,81446.193.09$76,259
Sep 20161,4095,98241.553.10$77,092
Aug 20161,4714,36841.442.92$73,732
Jul 20161,4494,31541.622.92$72,926
Jun 20161,4584,98145.352.69$79,498
May 20161,6295,24042.521.99$79,698
Apr 20161,7265,86636.561.99$74,782
Mar 20161,5925,46133.011.79$62,349
Feb 20161,5734,62326.472.06$51,177
Jan 20161,1384,01627.352.36$40,620
Dec 20151,9637,43332.362.00$78,399
Nov 20152,62910,46538.792.17$124,660
Oct 20151,4834,72443.552.43$76,048
Sep 20151,7755,98542.992.76$92,816
Aug 20152,2317,58140.162.87$111,373
Jul 20151,8746,03848.152.95$108,015
Jun 20152,4348,23956.152.88$160,421
May 20152,5418,37955.212.96$165,052
Apr 20152,7098,84349.822.71$158,897
Mar 20152,7678,52642.892.93$143,698
Feb 20152,7079,13444.662.98$148,079
Jan 20152,83210,76643.433.10$156,375
Dec 20142,95810,89154.693.59$200,887
Nov 20143,36110,67770.464.25$282,213
Oct 20144,52714,13278.303.90$409,592
Sep 20144,20713,68386.164.05$417,829
Aug 20144,79614,51289.394.04$487,272
Jul 20145,36516,01796.564.18$584,989
Jun 20145,78517,06498.164.74$648,686
May 20146,73019,91494.734.73$731,658
Apr 20146,32220,40195.944.81$704,644
Mar 20144,57814,69895.895.06$513,309
Feb 20145,28314,46497.406.19$604,125
Jan 20148,19221,13890.404.86$843,303
Dec 20138,40422,49091.824.35$869,588
Nov 20138,79424,16188.853.74$871,667
Oct 20138,93524,90397.423.78$964,565
Sep 201310,60429,321104.113.72$1,212,990
Aug 201313,21337,705104.253.52$1,510,275
Jul 201314,38740,746102.523.72$1,626,438
Jun 201315,97242,79894.403.93$1,676,099
May 201318,02347,28294.834.15$1,905,298
Apr 201317,50345,64093.964.28$1,840,039
Mar 201320,47053,13593.623.91$2,124,312
Feb 20134,28011,96291.233.42$431,373

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           125 bbl  × $106.41 =    $13,301
Gas                  212 Mcf  × $  3.05 =       $646

────────────────────────────────────────────────────
Month total                                  $13,947

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/269196 is the state's own key, not one this site invented.