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 270294District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$37.0 M
May 2011 – May 2026
Value, last 12 filed months
$224 k
at the published price for each month
Months reported
181
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 Gas112014-05-14212218
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
CondensateDisposition377,227 bbl$32,406,868
GasProduction1,261,700 Mcf$4,551,743
Total$36,958,611

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 28.8724, -97.7977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87242, -97.79770 · 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
13,021 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 13,021 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-255316860201H13,021 ftMay 2011

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 (181)

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

181 months

May 2026197732106.413.05$23,192
Apr 202624290598.932.87$26,538
Mar 20262551,01989.753.15$26,096
Feb 202620489863.503.75$16,322
Jan 20263021,37859.138.00$28,878
Dec 20252021,23056.664.41$16,874
Nov 20252461,20458.593.93$19,141
Oct 20253221,53259.383.30$24,183
Sep 202528456662.743.08$19,560
Aug 20250063.933.01$0
Jul 202571,07866.743.32$4,041
Jun 2025654,85866.483.13$19,521
May 20252235,73560.553.23$32,040
Apr 20251405,49962.363.54$28,214
Mar 20252425,86267.704.27$41,404
Feb 20251453,41270.884.34$25,089
Jan 20252223,84674.324.28$32,955
Dec 20242425,67768.993.12$34,416
Nov 20242194,13369.052.20$24,208
Oct 20242244,58871.372.28$26,454
Sep 20242123,47269.612.36$22,966
Aug 20242313,23175.632.06$24,138
Jul 20242162,47479.932.15$22,576
Jun 20241702,28278.082.63$19,284
May 20242327778.812.20$2,422
Apr 2024521984.451.66$4,423
Mar 2024833980.301.55$6,725
Feb 2024931,45576.091.78$9,672
Jan 20242666,49473.023.30$40,838
Dec 20232725,71871.262.61$34,311
Nov 20232624,38777.892.81$32,724
Oct 20232804,24385.443.09$37,023
Sep 20232905,27189.042.74$40,238
Aug 20232865,56480.522.67$37,901
Jul 20232785,45074.852.64$35,206
Jun 20232325,00468.962.26$27,300
May 20232463,07570.622.23$24,222
Apr 20232023,26278.122.24$23,080
Mar 202304,28872.852.39$10,262
Feb 20232842,87975.112.47$28,430
Jan 20232541,29476.533.39$23,822
Dec 20222561,48776.415.73$28,080
Nov 20222941,37785.005.65$32,765
Oct 20223682,07987.185.86$44,273
Sep 2022441284.888.16$3,833
Aug 20223321,72194.529.13$47,088
Jul 20223211,517101.587.54$44,049
Jun 20226432,204115.097.98$91,585
May 2022250771109.378.43$33,844
Apr 2022190546104.226.84$23,535
Mar 2022222451108.885.08$26,461
Feb 202215410991.054.86$14,551
Jan 20225661,93481.844.54$55,097
Dec 20214101,15971.323.90$33,760
Nov 202131531177.435.24$26,019
Oct 20214731,51179.795.71$46,374
Sep 20216543,60469.865.35$64,973
Aug 20214832,10566.024.22$40,772
Jul 20215934,26870.783.98$58,968
Jun 20215664,98069.493.38$56,167
May 20214585,02463.483.02$44,235
Apr 20215883,94560.362.76$46,374
Mar 20214882,26861.302.72$36,076
Feb 20213791,80957.805.55$31,942
Jan 20214251,92850.412.81$26,842
Dec 20204572,44544.642.68$26,942
Nov 20205302,15138.772.71$26,370
Oct 20204242,24736.972.48$21,244
Sep 20203461,97237.091.99$16,759
Aug 20203051,87739.982.39$16,671
Jul 20204022,15838.371.83$19,363
Jun 20204261,45934.901.69$17,334
May 20203532,25116.921.81$10,058
Apr 20203252,23114.751.80$8,819
Mar 20203531,99230.341.86$14,408
Feb 20204482,37849.881.98$27,056
Jan 20202191,16657.252.09$14,980
Dec 20192021,04159.012.30$14,319
Nov 20192301,72355.302.75$17,458
Oct 20193252,13253.472.42$22,534
Sep 20194462,27455.052.66$30,595
Aug 20194541,95153.112.30$28,608
Jul 20194592,07156.272.46$30,923
Jun 20194691,90952.782.49$29,510
May 20194852,07058.482.74$34,035
Apr 20194882,09062.632.75$36,312
Mar 20195271,82256.803.06$35,513
Feb 20194801,73950.852.79$29,264
Jan 20196072,14346.033.23$34,858
Dec 20183741,12046.594.19$22,112
Nov 20185081,81152.934.24$34,562
Oct 20184741,73161.443.40$35,005
Sep 20185922,20559.543.11$42,101
Aug 20186611,86559.403.07$44,983
Jul 201831935165.142.93$21,809
Jun 20186532,13860.183.08$45,876
May 20181,0703,21565.382.90$79,283
Apr 20187523063.842.90$5,455
Mar 20188111,94561.222.79$55,070
Feb 20184591,34861.782.77$32,086
Jan 201816850662.874.01$12,591
Dec 20175831,86557.272.92$38,837
Nov 20174001,77155.423.12$27,691
Oct 20176042,63449.292.98$37,630
Sep 20176172,65647.523.09$37,520
Aug 20176172,67045.373.00$36,015
Jul 20177292,96943.873.09$41,147
Jun 20177012,87342.493.09$38,655
May 20173021,40045.373.26$18,271
Apr 20175092,21447.933.21$31,507
Mar 20177512,98046.772.98$44,016
Feb 20176942,73650.452.95$43,091
Jan 20177553,32149.413.42$48,658
Dec 20167933,39248.763.72$51,295
Nov 20168033,47842.492.64$43,317
Oct 20168723,80346.193.09$52,030
Sep 20169753,77841.553.10$52,225
Aug 20167962,42341.442.92$40,072
Jul 20167902,31241.622.92$39,641
Jun 20161,0583,08545.352.69$56,266
May 20161,0363,32042.521.99$50,661
Apr 20161,2093,05036.561.99$50,274
Mar 20161,0433,12133.011.79$40,029
Feb 20169703,19126.472.06$32,261
Jan 20161,0103,18927.352.36$35,163
Dec 20151,1553,89132.362.00$45,163
Nov 20151,1554,06538.792.17$53,613
Oct 20151,2783,69743.552.43$64,628
Sep 20157612,17442.992.76$38,712
Aug 20151,0543,21240.162.87$51,555
Jul 20151,2023,65248.152.95$68,632
Jun 20151,1973,41356.152.88$77,051
May 20159092,65155.212.96$58,021
Apr 20151,1213,80449.822.71$66,144
Mar 20158222,59342.892.93$42,865
Feb 20151,3864,68344.662.98$75,836
Jan 20151,3494,05443.433.10$71,157
Dec 20149472,91354.693.59$62,253
Nov 20141,3443,85070.464.25$111,068
Oct 20141,3973,72278.303.90$123,904
Sep 20141,9505,04386.164.05$188,413
Aug 20141,3663,26189.394.04$135,265
Jul 20141,9105,03896.564.18$205,486
Jun 20142,0255,29998.164.74$223,875
May 20142,2455,83294.734.73$240,234
Apr 20142,3896,09995.944.81$258,531
Mar 20142,5736,87395.895.06$281,480
Feb 20142,5546,64397.406.19$289,893
Jan 20143,0967,97190.404.86$318,623
Dec 20133,2638,45991.824.35$336,443
Nov 20133,0128,28088.853.74$298,569
Oct 20133,96010,48297.423.78$425,398
Sep 20134,17311,284104.113.72$476,402
Aug 20134,89413,464104.253.52$557,628
Jul 20135,35814,704102.523.72$603,968
Jun 20135,74415,82994.403.93$604,496
May 20136,30217,20994.834.15$669,020
Apr 20137,25219,95693.964.28$766,861
Mar 20139,67025,10493.623.91$1,003,534
Feb 20131,0712,57591.233.42$106,514
Jan 20134,75111,71291.603.42$475,246
Dec 20127,36118,69386.773.42$702,647
Nov 20126761,40386.953.62$63,864
Oct 20120089.383.40$0
Sep 20123,87110,82394.672.92$398,053
Aug 20125,43515,43392.662.91$548,489
Jul 20125,98916,95385.133.02$561,055
Jun 20125,93016,50979.822.52$514,919
May 20125,69616,33591.612.49$562,457
Apr 20126,98821,669101.652.00$753,599
Mar 20127,78024,345105.052.22$871,386
Feb 20128,18527,688101.102.57$898,668
Jan 20129,99332,42698.092.73$1,068,869
Dec 201111,65337,59096.873.24$1,250,608
Nov 201113,14541,64795.723.31$1,396,144
Oct 201115,63047,91184.983.65$1,503,043
Sep 201117,86154,44683.623.99$1,710,548
Aug 201121,31762,87783.404.15$2,038,735
Jul 201129,51690,98894.144.52$3,189,651
Jun 201141,123120,32092.904.64$4,378,597
May 201110,21534,71598.134.40$1,155,311

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           197 bbl  × $106.41 =    $20,963
Gas                  732 Mcf  × $  3.05 =     $2,230

────────────────────────────────────────────────────
Month total                                  $23,192

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/270294 is the state's own key, not one this site invented.