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 271600District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$33.1 M
Oct 2013 – May 2026
Value, last 12 filed months
$467 k
at the published price for each month
Months reported
152
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 Gas112014-05-14213035
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
CondensateDisposition392,065 bbl$28,672,381
GasProduction1,190,415 Mcf$4,451,437
Total$33,123,818

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 28.8844, -97.7838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88435, -97.78383 · 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
12,863 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 12,863 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-255329820107H12,863 ftOct 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 (152)

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

152 months

May 2026240630106.413.05$27,457
Apr 20265171,67098.932.87$55,939
Mar 20265671,52289.753.15$55,682
Feb 20265561,48963.503.75$40,890
Jan 20260059.138.00$0
Dec 20253601,59656.664.41$27,441
Nov 20255252,22658.593.93$39,500
Oct 20255202,03759.383.30$37,610
Sep 20256742,15362.743.08$48,911
Aug 20255762,16563.933.01$43,351
Jul 20256542,14366.743.32$50,752
Jun 20255111,74766.483.13$39,437
May 20256021,46260.553.23$41,177
Apr 20255792,15362.363.54$43,735
Mar 20256602,00967.704.27$53,257
Feb 20255101,81370.884.34$44,019
Jan 20255582,28674.324.28$51,252
Dec 20246072,55168.993.12$49,840
Nov 20244851,80269.052.20$37,451
Oct 20248342,38271.372.28$64,957
Sep 20247632,68169.612.36$59,451
Aug 20248542,88175.632.06$70,533
Jul 20245392,25879.932.15$47,929
Jun 20243951,38978.082.63$34,500
May 20248112,65078.812.20$69,741
Apr 20247252,85584.451.66$65,963
Mar 20247762,90080.301.55$66,794
Feb 202418753976.091.78$15,190
Jan 20246121,91573.023.30$51,003
Dec 20236282,24971.262.61$50,623
Nov 20236232,47777.892.81$55,480
Oct 20236562,35585.443.09$63,319
Sep 20236262,42889.042.74$62,380
Aug 20236382,45280.522.67$57,926
Jul 20236652,57974.852.64$56,588
Jun 20236212,57968.962.26$48,649
May 20235902,73070.622.23$47,747
Apr 20235982,63378.122.24$52,608
Mar 20236592,02172.852.39$52,845
Feb 20237372,44775.112.47$61,390
Jan 20238612,93776.533.39$75,842
Dec 20227192,81376.415.73$71,055
Nov 20226652,66085.005.65$71,544
Oct 20227642,93387.185.86$83,804
Sep 20228052,96384.888.16$92,517
Aug 20228782,96694.529.13$110,060
Jul 20228452,779101.587.54$106,795
Jun 20221,0042,153115.097.98$132,725
May 20229152,992109.378.43$125,305
Apr 20228122,583104.226.84$102,288
Mar 20228363,105108.885.08$106,786
Feb 20226632,55991.054.86$72,800
Jan 20227202,83481.844.54$71,785
Dec 20218053,04371.323.90$69,278
Nov 20216632,88277.435.24$66,429
Oct 20216653,39179.795.71$72,436
Sep 20217823,16369.865.35$71,555
Aug 20211,0253,57966.024.22$82,776
Jul 20218273,57270.783.98$72,759
Jun 20218153,59569.493.38$68,788
May 20217823,90763.483.02$61,431
Apr 20218864,44760.362.76$65,746
Mar 20219303,94461.302.72$67,725
Feb 20216372,59157.805.55$51,193
Jan 20218713,91550.412.81$54,909
Dec 20208033,69444.642.68$45,729
Nov 20208063,99838.772.71$42,069
Oct 20208223,98536.972.48$40,266
Sep 20208283,92637.091.99$38,527
Aug 20208504,26039.982.39$44,144
Jul 20208734,13038.371.83$41,035
Jun 20208393,76434.901.69$35,643
May 20208583,96616.921.81$21,715
Apr 20208304,12514.751.80$19,686
Mar 20208794,10930.341.86$34,296
Feb 20209613,21049.881.98$54,293
Jan 20208263,67657.252.09$54,989
Dec 20196962,36759.012.30$46,525
Nov 20197944,25955.302.75$55,623
Oct 20198986,07553.472.42$62,709
Sep 20191,1654,21455.052.66$75,331
Aug 20191,1363,79653.112.30$69,080
Jul 20191,1794,24856.272.46$76,793
Jun 20191,1404,00752.782.49$70,151
May 20191,1914,20258.482.74$81,165
Apr 20191,2314,14462.632.75$88,496
Mar 20191,3694,32956.803.06$91,015
Feb 20191,2743,98550.852.79$75,910
Jan 20191,4703,95146.033.23$80,419
Dec 20181,4033,79746.594.19$81,258
Nov 20181,1253,82752.934.24$75,762
Oct 20181,4215,07161.443.40$104,538
Sep 20181,3714,62059.543.11$95,988
Aug 20181,4124,84459.403.07$98,727
Jul 20181,6886,60565.142.93$129,321
Jun 20189223,36460.183.08$65,837
May 20181,5855,34265.382.90$119,123
Apr 20181,5615,68663.842.90$116,148
Mar 20181,8935,61261.222.79$131,529
Feb 20181,7054,63161.782.77$118,145
Jan 201887574662.874.01$58,002
Dec 20171,2745,43957.272.92$88,852
Nov 20171,4725,39955.423.12$98,414
Oct 20171,7115,83249.292.98$101,736
Sep 20171,7375,86847.523.09$100,658
Aug 20171,6545,73945.373.00$92,284
Jul 20171,8206,13843.873.09$98,793
Jun 20171,7895,78342.493.09$93,868
May 20171,9036,65145.373.26$108,044
Apr 20172,1928,05847.933.21$130,942
Mar 20171,8475,69146.772.98$103,364
Feb 20171,5094,93050.452.95$90,685
Jan 20172,1946,66749.413.42$131,199
Dec 20162,1366,92148.763.72$129,917
Nov 20162,1537,09042.492.64$110,229
Oct 20162,2857,49546.193.09$128,706
Sep 20162,4217,69241.553.10$124,443
Aug 20162,5547,18741.442.92$126,855
Jul 20162,6857,17941.622.92$132,744
Jun 20162,5297,25445.352.69$134,173
May 20162,8018,13742.521.99$135,300
Apr 20162,9588,61436.561.99$125,295
Mar 20162,6057,97633.011.79$100,300
Feb 20162,9579,02126.472.06$96,888
Jan 20162,9108,83327.352.36$100,473
Dec 20153,61010,57932.362.00$137,993
Nov 20153,47210,27438.792.17$156,946
Oct 20153,1998,98443.552.43$161,117
Sep 20153,3759,23842.992.76$170,574
Aug 20153,6589,88140.162.87$175,288
Jul 20153,85910,74348.152.95$217,450
Jun 20154,07411,42356.152.88$261,686
May 20154,36212,78255.212.96$278,603
Apr 20155,12414,15949.822.71$293,600
Mar 20154,57314,32042.892.93$238,161
Feb 20154,80914,26244.662.98$257,216
Jan 20155,85817,37943.433.10$308,299
Dec 20146,45418,79154.693.59$420,455
Nov 20146,99220,14470.464.25$578,305
Oct 20147,82423,60978.303.90$704,717
Sep 20145,84324,44086.164.05$602,303
Aug 20148,01226,55089.394.04$823,325
Jul 20149,72128,24196.564.18$1,056,696
Jun 20149,77526,84298.164.74$1,086,661
May 201411,73934,42394.734.73$1,274,738
Apr 201412,93837,85595.944.81$1,423,321
Mar 201415,85444,12595.895.06$1,743,371
Feb 201417,82947,64897.406.19$2,031,581
Jan 201423,22762,42990.404.86$2,403,171
Dec 201326,28267,31491.824.35$2,706,331
Nov 201324,95461,63488.853.74$2,447,568
Oct 201318,46045,02797.423.78$1,968,546

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           240 bbl  × $106.41 =    $25,538
Gas                  630 Mcf  × $  3.05 =     $1,919

────────────────────────────────────────────────────
Month total                                  $27,457

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/271600 is the state's own key, not one this site invented.