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 269682District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$57.9 M
Nov 2012 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
163
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 Gas112013-12-17211374
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
CondensateDisposition625,991 bbl$49,145,315
GasProduction2,561,707 Mcf$8,763,326
Total$57,908,641

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 28.8708, -97.8036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87077, -97.80361 · 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
12,975 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 12,975 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-255323780202H12,975 ftOct 2022

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 (163)

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

163 months

May 20262,10415,206106.413.05$270,202
Apr 20262,94224,83298.932.87$362,313
Mar 20262,42415,02289.753.15$264,865
Feb 20261,50511,08463.503.75$137,136
Jan 202643812,07659.138.00$122,482
Dec 20252,23611,74456.664.41$178,522
Nov 20252,55412,64758.593.93$199,297
Oct 20253,02913,72359.383.30$225,214
Sep 20253,13415,44462.743.08$244,147
Aug 20258994,19863.933.01$70,129
Jul 20250066.743.32$0
Jun 202587217,25066.483.13$111,941
May 20254,14542,34260.553.23$387,843
Apr 20255,30228,21362.363.54$430,595
Mar 20253601,13367.704.27$29,208
Feb 20250070.884.34$0
Jan 20251,2845,60374.324.28$119,400
Dec 20243,67312,75568.993.12$293,213
Nov 20242,59413,14069.052.20$208,003
Oct 20243,22916,63971.372.28$268,414
Sep 20243,26616,92969.612.36$267,373
Aug 20243,34923,25775.632.06$301,279
Jul 20244,38226,38479.932.15$406,889
Jun 20245,14627,68178.082.63$474,711
May 20245,11734,17878.812.20$478,409
Apr 20247,44244,49484.451.66$702,301
Mar 20247,81328,07780.301.55$670,767
Feb 202422576.091.78$197
Jan 20242,93415,37273.023.30$264,932
Dec 20236,64436,99771.262.61$570,040
Nov 20237,26338,91577.892.81$674,971
Oct 20239,55740,54685.443.09$941,727
Sep 20239,96942,30589.042.74$1,003,346
Aug 202310,78647,22180.522.67$994,705
Jul 202312,16051,34474.852.64$1,045,817
Jun 202312,65853,74168.962.26$994,269
May 202314,13064,24370.622.23$1,140,955
Apr 202315,34669,14478.122.24$1,353,557
Mar 202317,19071,03972.852.39$1,422,299
Feb 202316,92167,91775.112.47$1,438,398
Jan 202320,87291,51876.533.39$1,907,372
Dec 202219,23889,56076.415.73$1,983,072
Nov 202218,59790,66585.005.65$2,092,658
Oct 20228,66040,65187.185.86$993,347
Sep 20221084.888.16$85
Aug 202228194.529.13$2,656
Jul 20223101,681101.587.54$44,168
Jun 20225112,263115.097.98$76,863
May 20224876,734109.378.43$110,051
Apr 20226417,450104.226.84$117,745
Mar 20226387,182108.885.08$105,924
Feb 20224376,61091.054.86$71,906
Jan 20225875,13481.844.54$71,337
Dec 20215959,42171.323.90$79,169
Nov 20214627,99877.435.24$77,657
Oct 20212757,10279.795.71$62,522
Sep 20213308,65769.865.35$69,377
Aug 20216828,87766.024.22$82,492
Jul 20215458,17970.783.98$71,145
Jun 20214707,59269.493.38$58,326
May 20215058,43863.483.02$57,521
Apr 20215716,00260.362.76$51,022
Mar 20216565,72661.302.72$55,770
Feb 20214731,86957.805.55$37,709
Jan 20216342,90450.412.81$40,121
Dec 20206512,61444.642.68$36,054
Nov 20206423,21438.772.71$33,589
Oct 20207043,52336.972.48$34,758
Sep 20207533,61837.091.99$35,132
Aug 20208444,25339.982.39$43,887
Jul 20205784,36338.371.83$30,141
Jun 20201901,02234.901.69$8,359
May 20203141,43216.921.81$7,912
Apr 20205933,93214.751.80$15,842
Mar 20204984,04430.341.86$22,616
Feb 20207535,97549.881.98$49,394
Jan 20205804,13357.252.09$41,863
Dec 20195323,89359.012.30$40,364
Nov 20193022,97555.302.75$24,884
Oct 20199948,25853.472.42$73,121
Sep 20191641,37555.052.66$12,682
Aug 20193332,20153.112.30$22,758
Jul 20191,1296,38056.272.46$79,224
Jun 20194491,90252.782.49$28,436
May 20193912,03658.482.74$28,445
Apr 20193981,59762.632.75$29,320
Mar 20199782,97456.803.06$64,657
Feb 20198931,50150.852.79$49,600
Jan 20191,0193,25146.033.23$57,399
Dec 20189813,41746.594.19$60,006
Nov 20188993,56852.934.24$62,703
Oct 20189233,77261.443.40$69,527
Sep 20189083,96859.543.11$66,395
Aug 20189814,00359.403.07$70,547
Jul 20181,0164,59365.142.93$79,648
Jun 20181,0304,28260.183.08$75,161
May 20181,1154,20865.382.90$85,105
Apr 20181,3225,19463.842.90$99,463
Mar 20181,0773,43361.222.79$75,501
Feb 20181,0283,92761.782.77$74,372
Jan 20181,2824,14362.874.01$97,210
Dec 20171,1795,30057.272.92$83,005
Nov 20171,3005,72655.423.12$89,902
Oct 20171,0174,51549.292.98$63,599
Sep 20175422,63947.523.09$33,903
Aug 20171,0194,18845.373.00$58,814
Jul 20171,2935,00043.873.09$72,160
Jun 20171,2824,83042.493.09$69,384
May 20171,3684,47545.373.26$76,670
Apr 20171,3584,47547.933.21$79,461
Mar 20171,4084,58646.772.98$79,535
Feb 20171,3355,05350.452.95$82,270
Jan 20171,4965,48149.413.42$92,656
Dec 20161,4925,69548.763.72$93,951
Nov 20161,4475,83342.492.64$76,908
Oct 20161,5626,10946.193.09$91,027
Sep 20161,7806,25041.553.10$93,338
Aug 20161,8595,63741.442.92$93,521
Jul 20162,0695,84641.622.92$103,207
Jun 20161,8915,84845.352.69$101,464
May 20162,0606,41842.521.99$100,370
Apr 20162,0666,06336.561.99$87,605
Mar 20161,8925,76333.011.79$72,794
Feb 20162,0966,36526.472.06$68,616
Jan 20161,6696,36827.352.36$60,703
Dec 20152,1987,28532.362.00$85,708
Nov 20152,4197,73538.792.17$110,597
Oct 20152,0036,65443.552.43$103,377
Sep 20152,7288,19742.992.76$139,887
Aug 20152,3387,71840.162.87$116,064
Jul 20151,9206,32448.152.95$111,073
Jun 20152,4277,84256.152.88$158,883
May 20152,6418,56055.212.96$171,108
Apr 20152,6428,48549.822.71$154,590
Mar 20152,8839,27542.892.93$150,871
Feb 20152,2797,11544.662.98$122,956
Jan 20153,03910,26443.433.10$163,809
Dec 20143,1549,95554.693.59$208,244
Nov 20142,9768,90770.464.25$247,560
Oct 20143,39510,93378.303.90$308,478
Sep 20143,63011,64386.164.05$359,862
Aug 20143,85512,07089.394.04$393,302
Jul 20144,21213,10296.564.18$461,472
Jun 20144,19413,00798.164.74$473,296
May 20144,59913,90694.734.73$501,391
Apr 20144,94915,00395.944.81$546,958
Mar 20145,25215,87195.895.06$583,871
Feb 20145,63317,32297.406.19$655,912
Jan 20146,37019,68490.404.86$671,526
Dec 20137,71022,03291.824.35$803,870
Nov 20137,85422,64188.853.74$782,466
Oct 20139,52727,55097.423.78$1,032,242
Sep 201310,11529,367104.113.72$1,162,252
Aug 201311,93834,682104.253.52$1,366,708
Jul 201313,12737,636102.523.72$1,485,701
Jun 201313,97439,69994.403.93$1,475,298
May 201316,31246,15394.834.15$1,738,359
Apr 201316,59846,71593.964.28$1,759,609
Mar 201318,74352,66993.623.91$1,960,807
Feb 201317,74349,82591.233.42$1,789,091
Jan 201319,74557,44991.603.42$2,005,112
Dec 201220,11159,01186.773.42$1,946,859
Nov 20125,03016,91086.953.62$498,657

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         2,104 bbl  × $106.41 =   $223,887
Gas               15,206 Mcf  × $  3.05 =    $46,315

────────────────────────────────────────────────────
Month total                                 $270,202

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/269682 is the state's own key, not one this site invented.