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 271809District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.8 M
Oct 2013 – May 2026
Value, last 12 filed months
$306 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 Gas112014-07-23213267
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
CondensateDisposition296,372 bbl$22,896,569
GasProduction751,763 Mcf$2,881,252
Total$25,777,821

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 28.8840, -97.7859. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88398, -97.78593 · 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
12,785 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 12,785 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-255329830106H12,785 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 2026547106.413.05$5,767
Apr 202634492298.932.87$36,678
Mar 20264161,09089.753.15$40,769
Feb 202633275563.503.75$23,913
Jan 202613278759.138.00$14,100
Dec 202537173456.664.41$24,260
Nov 20253031,05258.593.93$21,883
Oct 20253741,41959.383.30$26,898
Sep 20252931,73562.743.08$23,721
Aug 20254651,70363.933.01$34,862
Jul 202548782066.743.32$35,221
Jun 20252664966.483.13$17,837
May 20250060.553.23$0
Apr 2025531362.363.54$3,351
Mar 202536688567.704.27$28,556
Feb 20253315,22470.884.34$46,138
Jan 20254001,14174.324.28$34,610
Dec 20243321,15668.993.12$26,513
Nov 202434487669.052.20$25,679
Oct 20243251,42171.372.28$26,437
Sep 20242821,32069.612.36$22,751
Aug 20242061,56175.632.06$18,801
Jul 20243111,04679.932.15$27,104
Jun 202420255778.082.63$17,239
May 20243741,21378.812.20$32,142
Apr 20243891,40884.451.66$35,187
Mar 20243622,04780.301.55$32,231
Feb 202410341876.091.78$8,583
Jan 20243881,60373.023.30$33,618
Dec 20234121,64571.262.61$33,654
Nov 20238402,04477.892.81$71,166
Oct 20236421,53285.443.09$59,582
Sep 20232,5081,82189.042.74$228,293
Aug 20232,6992,18980.522.67$223,174
Jul 20231,6242,55874.852.64$128,314
Jun 20230068.962.26$0
May 2023406670.622.23$2,972
Apr 202319474778.122.24$16,827
Mar 20234121,63272.852.39$33,920
Feb 20234461,37175.112.47$36,880
Jan 202354798876.533.39$45,209
Dec 202246350676.415.73$38,277
Nov 202245098085.005.65$43,783
Oct 20224821,57087.185.86$51,227
Sep 20225881,39484.888.16$61,290
Aug 20226781,40794.529.13$76,926
Jul 20226421,388101.587.54$75,683
Jun 20226041,147115.097.98$78,664
May 20227202,689109.378.43$101,423
Apr 20226592,202104.226.84$83,737
Mar 20226762,349108.885.08$85,527
Feb 20224071,96391.054.86$46,595
Jan 20223792,39281.844.54$41,871
Dec 20215422,64271.323.90$48,957
Nov 20213902,37577.435.24$42,635
Oct 20213942,32279.795.71$44,705
Sep 20214052,22569.865.35$40,199
Aug 20214792,20966.024.22$40,947
Jul 20214582,21970.783.98$41,253
Jun 20214572,17869.493.38$39,120
May 20214232,24063.483.02$33,612
Apr 202158013960.362.76$35,392
Mar 202160197261.302.72$39,482
Feb 202140539857.805.55$25,617
Jan 20215701,11950.412.81$31,878
Dec 20205191,65144.642.68$27,585
Nov 20205202,29338.772.71$26,367
Oct 20205652,56936.972.48$27,255
Sep 20205702,95337.091.99$27,021
Aug 20205933,19939.982.39$31,338
Jul 20205662,12638.371.83$25,598
Jun 20204702,10534.901.69$19,961
May 20205142,07416.921.81$12,461
Apr 20204902,15114.751.80$11,109
Mar 20204522,81330.341.86$18,935
Feb 20206213,85949.881.98$38,619
Jan 20204893,42157.252.09$35,161
Dec 20193502,75559.012.30$27,002
Nov 20194333,96655.302.75$34,854
Oct 20195213,78753.472.42$37,017
Sep 20197313,69755.052.66$50,066
Aug 20196793,23953.112.30$43,526
Jul 20197113,73156.272.46$49,186
Jun 20196933,78552.782.49$46,006
May 20197513,10458.482.74$52,424
Apr 20197372,99462.632.75$54,394
Mar 20199592,61656.803.06$62,482
Feb 20197412,26050.852.79$43,990
Jan 20199072,00246.033.23$48,212
Dec 20187772,08046.594.19$44,906
Nov 20187391,56752.934.24$45,755
Oct 20188862,43261.443.40$62,700
Sep 20188172,55259.543.11$56,576
Aug 20188282,72559.403.07$57,540
Jul 20189662,91065.142.93$71,457
Jun 20189023,06260.183.08$63,704
May 20189632,74065.382.90$70,909
Apr 20181,0413,50263.842.90$76,616
Mar 20181,1413,46761.222.79$79,514
Feb 20189571,73061.782.77$63,909
Jan 20181,1042,34562.874.01$78,810
Dec 20174921,39457.272.92$32,249
Nov 20177682,71055.423.12$51,013
Oct 20178692,84749.292.98$51,328
Sep 20171,1102,93947.523.09$61,821
Aug 20171,0552,93145.373.00$56,671
Jul 20171,0683,04243.873.09$56,245
Jun 20171,2123,28542.493.09$61,640
May 20171,0403,10845.373.26$57,327
Apr 20171,1113,74347.933.21$65,271
Mar 20171,0662,90046.772.98$58,509
Feb 20171,0272,41250.452.95$58,934
Jan 20171,3313,58649.413.42$78,025
Dec 20161,2663,74848.763.72$75,683
Nov 20161,4783,85442.492.64$72,992
Oct 20161,2953,72946.193.09$71,340
Sep 20161,3343,88941.553.10$67,486
Aug 20161,3013,40841.442.92$63,880
Jul 20161,5683,47441.622.92$75,419
Jun 20161,2383,40445.352.69$65,286
May 20161,6144,07242.521.99$76,735
Apr 20161,6143,83436.561.99$66,641
Mar 20161,5994,09933.011.79$60,137
Feb 20161,7284,44026.472.06$54,903
Jan 20161,6944,65127.352.36$57,328
Dec 20152,2634,90732.362.00$83,052
Nov 20152,4144,90438.792.17$104,268
Oct 20152,7805,15543.552.43$133,578
Sep 20152,0705,14842.992.76$103,190
Aug 20152,5786,74340.162.87$122,902
Jul 20152,3165,74148.152.95$128,423
Jun 20152,4246,53756.152.88$154,953
May 20152,2305,65955.212.96$139,843
Apr 20152,7067,24049.822.71$154,408
Mar 20153,0437,29342.892.93$151,917
Feb 20152,1495,59844.662.98$112,635
Jan 20153,96910,40943.433.10$204,648
Dec 20142,5547,30154.693.59$165,899
Nov 20143,7799,92970.464.25$308,485
Oct 20144,28110,56478.303.90$376,412
Sep 20144,90011,99786.164.05$470,717
Aug 20145,81314,10689.394.04$576,543
Jul 20146,56414,55296.564.18$694,641
Jun 20147,30816,40198.164.74$795,043
May 20149,49017,36694.734.73$981,069
Apr 201411,23021,50195.944.81$1,180,807
Mar 201414,80129,79595.895.06$1,569,935
Feb 201416,14736,13697.406.19$1,796,472
Jan 201420,96949,18690.404.86$2,134,677
Dec 201324,94458,59391.824.35$2,545,500
Nov 201327,21063,59088.853.74$2,655,326
Oct 201318,43843,07197.423.78$1,959,011

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            54 bbl  × $106.41 =     $5,746
Gas                    7 Mcf  × $  3.05 =        $21

────────────────────────────────────────────────────
Month total                                   $5,767

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/271809 is the state's own key, not one this site invented.