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 270921District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.5 M
Nov 2012 – May 2026
Value, last 12 filed months
$157 k
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 Gas112014-05-14213032
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
CondensateDisposition332,968 bbl$25,836,520
GasProduction993,317 Mcf$3,685,488
Total$29,522,008

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 28.8729, -97.8011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87286, -97.80111 · 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
12,983 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 12,983 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-255323960204H12,983 ftNov 2012

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 202662106.413.05$645
Apr 20263059698.932.87$30,449
Mar 20261271989.753.15$11,458
Feb 20265911,24963.503.75$42,213
Jan 2026511059.138.00$3,096
Dec 20252619756.664.41$15,216
Nov 202519414758.593.93$11,944
Oct 202567234059.383.30$41,027
Sep 202521462.743.08$1,330
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20251066.483.13$66
May 202522,37460.553.23$7,795
Apr 202501,03962.363.54$3,681
Mar 202502167.704.27$90
Feb 20250070.884.34$0
Jan 202511810974.324.28$9,236
Dec 202416749268.993.12$13,057
Nov 20242951,17869.052.20$22,960
Oct 20243101,27871.372.28$25,040
Sep 20242901,32769.612.36$23,324
Aug 20243091,66875.632.06$26,812
Jul 202426950879.932.15$22,592
Jun 202431470378.082.63$26,369
May 202414819478.812.20$12,090
Apr 20243721,36184.451.66$33,674
Mar 20245832,05980.301.55$49,996
Feb 202416027276.091.78$12,660
Jan 202431873.023.30$278
Dec 202328091771.262.61$22,347
Nov 20234152,14377.892.81$38,341
Oct 20234431,78785.443.09$43,367
Sep 20234381,57889.042.74$43,315
Aug 20234631,78380.522.67$42,047
Jul 20235111,88074.852.64$43,215
Jun 20234981,87368.962.26$38,572
May 202349017870.622.23$35,000
Apr 202345036278.122.24$35,964
Mar 20234241,81272.852.39$35,225
Feb 202358284175.112.47$45,788
Jan 20239484,07276.533.39$86,345
Dec 20221,0214,73376.415.73$105,130
Nov 20221,53711,01485.005.65$192,832
Oct 20229484,04387.185.86$106,354
Sep 20229084.888.16$764
Aug 20221755,47494.529.13$66,503
Jul 20222487,164101.587.54$79,223
Jun 20223417,755115.097.98$101,109
May 20223334,196109.378.43$71,805
Apr 20226473,255104.226.84$89,687
Mar 20226423,085108.885.08$85,562
Feb 20224142,75791.054.86$51,091
Jan 20224543,26681.844.54$51,975
Dec 20214323,35671.323.90$43,896
Nov 20214213,13777.435.24$49,026
Oct 20214393,19679.795.71$53,289
Sep 20215983,08669.865.35$58,289
Aug 20217433,12866.024.22$62,255
Jul 20215352,45470.783.98$47,639
Jun 20216063,04669.493.38$52,408
May 20215633,19863.483.02$45,390
Apr 20217182,96160.362.76$51,506
Mar 20218413,53461.302.72$61,155
Feb 20215002,93957.805.55$45,205
Jan 20214781,81450.412.81$29,194
Dec 20205022,47444.642.68$29,028
Nov 20205843,39538.772.71$31,830
Oct 20206273,61936.972.48$32,150
Sep 202021867737.091.99$9,434
Aug 20202601,57839.982.39$14,158
Jul 20204772,41838.371.83$22,716
Jun 20205792,57034.901.69$24,551
May 20205762,90216.921.81$15,012
Apr 20204452,26414.751.80$10,649
Mar 20204562,80130.341.86$19,034
Feb 20206053,92349.881.98$37,948
Jan 20204232,36857.252.09$29,177
Dec 20193541,91659.012.30$25,305
Nov 20194212,92155.302.75$31,316
Oct 20195653,66653.472.42$39,077
Sep 20197483,88255.052.66$51,493
Aug 20197293,99253.112.30$47,916
Jul 20198204,36256.272.46$56,872
Jun 20196404,22852.782.49$44,312
May 20196964,04658.482.74$51,789
Apr 20197313,65562.632.75$55,836
Mar 20197303,55456.803.06$52,347
Feb 20196763,12250.852.79$43,092
Jan 20198523,51546.033.23$50,565
Dec 20187713,37946.594.19$50,063
Nov 20188184,02052.934.24$60,330
Oct 20189634,49961.443.40$74,455
Sep 20186102,41359.543.11$43,819
Aug 20188383,73459.403.07$61,228
Jul 20188764,20365.142.93$69,385
Jun 20189354,02760.183.08$68,659
May 20181,0904,49965.382.90$84,315
Apr 20189683,78063.842.90$72,762
Mar 20186572,42161.222.79$46,968
Feb 20187002,86961.782.77$51,182
Jan 20185843,53162.874.01$50,873
Dec 20178543,63757.272.92$59,534
Nov 20179814,12655.423.12$67,233
Oct 20177962,97949.292.98$48,123
Sep 20171,0033,80547.523.09$59,410
Aug 20171,0644,01045.373.00$60,321
Jul 20171,1234,26843.873.09$62,443
Jun 20171,1234,21642.493.09$60,732
May 20171,1674,32245.373.26$67,051
Apr 20171,1774,30947.933.21$70,252
Mar 20171,2834,64046.772.98$73,850
Feb 20171,2514,43150.452.95$76,196
Jan 20171,1644,31849.413.42$72,276
Dec 20161,3134,76248.763.72$81,750
Nov 20161,2914,87342.492.64$67,741
Oct 20161,3835,08946.193.09$79,607
Sep 20161,5515,00041.553.10$79,947
Aug 20161,6684,74241.442.92$82,989
Jul 20161,9225,35741.622.92$95,659
Jun 20161,3423,71945.352.69$70,848
May 20161,8045,68542.521.99$88,025
Apr 20161,9485,19236.561.99$81,556
Mar 20161,8164,80733.011.79$68,570
Feb 20162,2274,96226.472.06$69,188
Jan 20162,0425,05527.352.36$67,801
Dec 20152,3205,49132.362.00$86,065
Nov 20152,1575,61838.792.17$95,846
Oct 20153,1065,90043.552.43$149,583
Sep 20153,7846,08942.992.76$179,470
Aug 20154,9256,31640.162.87$215,931
Jul 20154,3466,41248.152.95$228,144
Jun 20153,5916,26956.152.88$219,707
May 20154,1656,97855.212.96$250,573
Apr 20154,1457,14149.822.71$225,832
Mar 20153,9548,68942.892.93$195,087
Feb 20153,2218,00644.662.98$167,677
Jan 20153,4267,87043.433.10$173,193
Dec 20142,8318,89954.693.59$186,787
Nov 20142,4537,83370.464.25$206,143
Oct 20143,1989,70078.303.90$288,243
Sep 20143,0638,94386.164.05$300,086
Aug 20143,4629,80889.394.04$349,045
Jul 20143,64410,12296.564.18$394,171
Jun 20143,74510,78998.164.74$418,715
May 20144,20011,84194.734.73$453,833
Apr 20144,65513,02795.944.81$509,249
Mar 20144,77613,46695.895.06$526,066
Feb 20144,22713,57797.406.19$495,779
Jan 20145,74713,78690.404.86$586,539
Dec 20137,00117,36491.824.35$718,443
Nov 20136,39017,92688.853.74$634,764
Oct 20137,46521,08797.423.78$806,936
Sep 20138,09222,801104.113.72$927,226
Aug 20139,57127,009104.253.52$1,092,919
Jul 201310,92630,428102.523.72$1,233,257
Jun 201311,55431,70694.403.93$1,215,410
May 201313,51936,62094.834.15$1,433,946
Apr 201312,84833,97693.964.28$1,352,703
Mar 201313,86335,88293.623.91$1,438,256
Feb 201314,63138,60391.233.42$1,466,805
Jan 201318,16148,38691.603.42$1,829,023
Dec 201221,53650,22386.773.42$2,040,449
Nov 20126,29914,82786.953.62$601,445

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             6 bbl  × $106.41 =       $638
Gas                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                     $645

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/270921 is the state's own key, not one this site invented.