Skip to content
Royalty Clerk

Texas oil lease

Producing

HANDY 02

Handy 02 is an oil lease in Karnes County, Texas, operated by Marathon Oil Ef LLC in the Sugarkane (Eagle Ford) field.

1 well

6,116bbl oil, last 12 months+36% vs prior year
RRC lease
02-12387

Is your check right?

Check my statement

Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
29,467 mcf
Oil in Jul 2026
402 bbl

Production by month

Oil output rose 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 36% over the last 12 monthsMonthly oil production and gas for HANDY 02, Aug 2023 to Jul 2026. Oil output rose 36% over the last 12 months. 6,116 bbl in the 12 months through Jul 2026, against 4,500 bbl in the 12 months before.Last 12 months: 6,116 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 36% over the last 12 monthsMonthly oil production and gas for HANDY 02, Aug 2023 to Jul 2026. Oil output rose 36% over the last 12 months. 6,116 bbl in the 12 months through Jul 2026, against 4,500 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

87% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
87% of the gas went to a processing plant in the last 12 monthsShare of HANDY 02 gas by disposition code each month, Aug 2023 to Jul 2026. 87% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
87% of the gas went to a processing plant in the last 12 monthsShare of HANDY 02 gas by disposition code each month, Aug 2023 to Jul 2026. 87% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    87% · 25,710 mcf

  • Lease fuel (1)

    13% · 3,757 mcf

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeEnsign Operating LLC, Feb 2022 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262023202420252026Changed Mar 2023Ensign Operating LLCFeb 2022 to Feb 2023Marathon Oil Ef LLCMar 2023 to now
Operators of this lease over timeEnsign Operating LLC, Feb 2022 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262023202420252026Changed Mar 2023Ensign Operating LLCFeb 2022 to Feb 2023Marathon Oil Ef LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on HANDY 02
API numberWell no.Status
42-255-325600102HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers50Mar 1, 2023–
Enterprise Crude Pipeline LLCOilGathers50Mar 1, 2023–
Marathon Oil Ef LLCCasinghead gasBuys100Mar 1, 2023–
Marathon Oil Ef LLCCasinghead gasGathers100Mar 1, 2023–
Ensign Operating LLCCasinghead gasGathers50Feb 18, 2022Mar 1, 2023
Enterprise Products Operating LLCCasinghead gasGathers50Feb 18, 2022Mar 1, 2023
Enterprise Products Operating LLCCasinghead gasBuys100Feb 18, 2022Mar 1, 2023
Ensign Operating LLCOilGathers50Feb 18, 2022Mar 1, 2023
Enterprise Crude Oil LLCOilGathers25Feb 18, 2022Mar 1, 2023
Enterprise Crude Pipeline LLCOilGathers25Feb 18, 2022Mar 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,313 acres on the newest permit

Permits for Handy 02
API numberWell no.Acreson the permit
42-255-325600102H1,313

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What ConocoPhillips told investors it received

Marathon Oil Ef LLC is linked to ConocoPhillips (MRO).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for HANDY 02
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Marathon Oil4024022,6292,1800$80.46$2.89
Jun 2026Marathon Oil5225222,3971,9980$84.81$3.15
May 2026Marathon Oil4164161,8571,6530$102.13$2.94
Apr 2026Marathon Oil5565562,4412,2250$100.32$2.77
Mar 2026Marathon Oil4294292,4652,1720$91.38$3.04
Feb 2026Marathon Oil4094092,2902,0150$64.51$3.62
Jan 2026Marathon Oil1771772,6222,3190$60.04$7.72
Dec 2025Marathon Oil6816812,7922,4910$57.97$4.26
Nov 2025Marathon Oil4714712,2151,9140$60.06$3.79
Oct 2025Marathon Oil7097092,7002,3570$60.89$3.19
Sep 2025Marathon Oil7507503,2852,9430$63.96$2.97
Aug 2025Marathon Oil5945941,7741,4430$64.86$2.91
Jul 2025Marathon Oil77110$68.39$3.20
Jun 2025Marathon Oil19719747430$68.17$3.02
May 2025Marathon Oil6406402,9442,7700$62.17$3.12
Apr 2025Marathon Oil1281282,0511,9030$63.54$3.42
Mar 2025Marathon Oil32321090$68.24$4.12
Feb 2025Marathon Oil808037320$71.53$4.19
Jan 2025Marathon Oil3863861,5961,4070$75.74$4.13
Dec 2024Marathon Oil6316312,8932,6800$70.12$3.01
Nov 2024Marathon Oil6036036,3645,9310$69.95$2.12
Oct 2024Marathon Oil6706702,9712,7680$71.99$2.20
Sep 2024Marathon Oil5995992,7892,5770$70.24$2.28
Aug 2024Marathon Oil5275272,4902,3110$76.68$1.99
Jul 2024Marathon Oil5585582,7962,6090$81.80$2.07
Jun 2024Marathon Oil6456453,0242,8380$79.77$2.54
May 2024Marathon Oil3723723,3383,1110$80.02$2.12
Apr 2024Marathon Oil5955952,3262,2090$85.35$1.60
Mar 2024Marathon Oil5185182,6332,4830$81.28$1.49
Feb 2024Marathon Oil4424423,0182,2400$77.25$1.72
Jan 2024Marathon Oil2542541,5491,4360$74.15$3.18
Dec 2023Marathon Oil2552551,5021,4240$71.90$2.52
Nov 2023Marathon Oil2962962,0191,9350$77.69$2.71
Oct 2023Marathon Oil4924923,1963,0510$85.64$2.98
Sep 2023Marathon Oil6226223,3063,1580$89.43$2.64
Aug 2023Marathon Oil6516513,5363,3880$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Marathon Oil Ef LLC in Karnes County

All Marathon Oil Ef LLC leases →

Leases within 10 km

Drilling permits within 10 km