HANDY 02

Operated by ENSIGN OPERATING LLC (P-5 253102) 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 271400District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.5 M
Feb 2013 – Feb 2022
Value, last 12 filed months
$339 k
at the published price for each month
Months reported
109
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 Gas112014-08-22212769
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
CondensateDisposition337,564 bbl$26,018,892
GasProduction997,544 Mcf$3,524,951
Total$29,543,842

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 28.8788, -97.7952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87885, -97.79518 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,925 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
1100.0%
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.
00.0%

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 12,925 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-255325600102H12,925 ftDec 2017Yes

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 (109)

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

109 months

Feb 20221,0615,95191.054.86$125,519
Jan 202221571381.844.54$20,831
Dec 202124064871.323.90$19,643
Nov 202117353577.435.24$16,197
Oct 202114014179.795.71$11,976
Sep 20211172969.865.35$8,329
Aug 20212754566.024.22$18,345
Jul 202128851470.783.98$22,431
Jun 202132755869.493.38$24,610
May 202128161863.483.02$19,703
Apr 202122964360.362.76$15,596
Mar 20214782,36461.302.72$35,724
Feb 20213661,36257.805.55$28,711
Jan 20216793,57250.412.81$44,267
Dec 20204842,43044.642.68$28,107
Nov 20207573,70438.772.71$39,374
Oct 20208253,96336.972.48$40,322
Sep 20208453,82237.091.99$38,951
Aug 20208694,04839.982.39$44,398
Jul 20207693,98838.371.83$36,785
Jun 20206373,28434.901.69$27,782
May 20207533,77716.921.81$19,595
Apr 20206893,66314.751.80$16,772
Mar 20207203,98530.341.86$29,242
Feb 20208494,97549.881.98$52,202
Jan 20206026,64857.252.09$48,390
Dec 20194812,52959.012.30$34,212
Nov 20195764,13755.302.75$43,232
Oct 20197319,25253.472.42$61,463
Sep 20191,1774,44155.052.66$76,595
Aug 20198773,83153.112.30$55,405
Jul 20191,0444,30756.272.46$69,341
Jun 20191,0824,31252.782.49$67,850
May 20191,1664,63058.482.74$80,875
Apr 20191,1454,30562.632.75$83,553
Mar 20191,1933,49156.803.06$78,452
Feb 20191,1214,03950.852.79$68,281
Jan 20191,2593,83246.033.23$70,322
Dec 20181,0953,81346.594.19$66,975
Nov 20181,1784,45452.934.24$81,224
Oct 20181,2634,67561.443.40$93,485
Sep 20181,1714,05959.543.11$82,337
Aug 20181,2134,31259.403.07$85,275
Jul 20181,2925,43965.142.93$100,107
Jun 20181,5295,26460.183.08$108,212
May 20181,6705,31365.382.90$124,597
Apr 20181,5095,78363.842.90$113,110
Mar 20181,7595,58461.222.79$123,248
Feb 20181,4366,84061.782.77$107,636
Jan 20181,4714,33062.874.01$109,842
Dec 20171,2075,37857.272.92$84,837
Nov 20171,2984,76955.423.12$86,807
Oct 20171,4095,19849.292.98$84,959
Sep 20171,4395,25447.523.09$84,602
Aug 20171,3515,15045.373.00$76,768
Jul 20171,5465,70943.873.09$85,448
Jun 20171,5635,78942.493.09$84,284
May 20171,5535,69645.373.26$89,048
Apr 20171,5485,74647.933.21$92,649
Mar 20171,6466,14946.772.98$95,330
Feb 20171,5545,79750.452.95$95,516
Jan 20171,6656,37749.413.42$104,069
Dec 20161,7376,61148.763.72$109,308
Nov 20161,7716,70742.492.64$92,985
Oct 20161,9117,10046.193.09$110,210
Sep 20162,1637,31441.553.10$112,551
Aug 20162,3086,61141.442.92$114,976
Jul 20162,3906,85541.622.92$119,518
Jun 20162,3836,85845.352.69$126,488
May 20162,5367,28042.521.99$122,325
Apr 20162,6917,78136.561.99$113,875
Mar 20162,4437,42533.011.79$93,964
Feb 20162,8748,61826.472.06$93,859
Jan 20162,5978,14927.352.36$90,295
Dec 20153,33311,46532.362.00$130,802
Nov 20152,4278,10538.792.17$111,710
Oct 20153,0779,59243.552.43$157,279
Sep 20152,3687,30142.992.76$121,940
Aug 20152,7378,18740.162.87$133,435
Jul 20152,9118,62248.152.95$165,557
Jun 20152,8728,74956.152.88$186,485
May 20153,1439,35255.212.96$201,164
Apr 20153,2259,23049.822.71$185,651
Mar 20153,3789,92142.892.93$173,998
Feb 20153,1349,33744.662.98$167,753
Jan 20153,58111,16343.433.10$190,135
Dec 20143,57711,32654.693.59$236,302
Nov 20143,91811,35070.464.25$324,321
Oct 20144,18212,24178.303.90$375,202
Sep 20144,36812,67086.164.05$427,603
Aug 20144,79913,62489.394.04$483,957
Jul 20145,06714,24396.564.18$548,800
Jun 20145,22614,63598.164.74$582,308
May 20145,85516,03094.734.73$630,411
Apr 20146,17616,84895.944.81$673,549
Mar 20146,70217,70795.895.06$732,196
Feb 20146,28716,67197.406.19$715,581
Jan 20147,46519,15790.404.86$767,953
Dec 20139,50523,81191.824.35$976,434
Nov 201310,35227,50388.853.74$1,022,589
Oct 201311,67030,99597.423.78$1,254,033
Sep 201312,09832,190104.113.72$1,379,197
Aug 201313,72336,485104.253.52$1,559,145
Jul 201314,88338,672102.523.72$1,669,578
Jun 201315,93840,62894.403.93$1,664,354
May 201318,15945,18494.834.15$1,909,490
Apr 201318,49644,11493.964.28$1,926,806
Mar 201321,65948,37093.623.91$2,216,981
Feb 20133,5848,79391.233.42$357,040

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.

Feb 2022 — as filed, then multipliedworked
Condensate         1,061 bbl  × $ 91.05 =    $96,604
Gas                5,951 Mcf  × $  4.86 =    $28,915

────────────────────────────────────────────────────
Month total                                 $125,519

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/271400 is the state's own key, not one this site invented.