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Royalty Clerk

Texas gas well

Producing

HANDY 02

Handy 02 is a gas well in Karnes County, Texas, operated by Marathon Oil Ef LLC in the Sugarkane (Eagle Ford) field.

1 well

8,296mcf gas, last 12 months−72% vs prior year
RRC lease
02-258773

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
1,998 bbl
Gas in Jul 2026
1,038 mcf

Production by month

Gas output fell 72% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 72% over the last 12 monthsMonthly gas production and oil for HANDY 02, Aug 2023 to Jul 2026. Gas output fell 72% over the last 12 months. 8,296 mcf in the 12 months through Jul 2026, against 29,196 mcf in the 12 months before.Last 12 months: 8,296 mcfmcf per monthbbl per month002,5002005,0004007,50060010k800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 72% over the last 12 monthsMonthly gas production and oil for HANDY 02, Aug 2023 to Jul 2026. Gas output fell 72% over the last 12 months. 8,296 mcf in the 12 months through Jul 2026, against 29,196 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,5002005,0004007,50060010k800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
86% 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. 86% 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
86% 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. 86% 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)

    86% · 10,822 mcf

  • Lease fuel (1)

    14% · 1,818 mcf

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeEnsign Operating LLC, Jan 2020 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Ensign Operating LLCJan 2020 to Feb 2023Marathon Oil Ef LLCMar 2023 to now
Operators of this lease over timeEnsign Operating LLC, Jan 2020 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Ensign Operating LLCJan 2020 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
42-255-316350101HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers50Mar 1, 2023–
Enterprise Crude Pipeline LLCCondensateGathers50Mar 1, 2023–
Marathon Oil Ef LLCGas-well gasBuys100Mar 1, 2023–
Marathon Oil Ef LLCGas-well gasGathers100Mar 1, 2023–
Gulfmark Energy, Inc.CondensateGathers100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCGas-well gasGathers100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCGas-well gasBuys100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCCondensateGathers50Oct 1, 2019Oct 2, 2019
Enterprise Crude Oil LLCCondensateGathers25Oct 1, 2019Oct 2, 2019
Enterprise Crude Pipeline LLCCondensateGathers25Oct 1, 2019Oct 2, 2019

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

1,550 acres on the newest permit

Permits for Handy 02
API numberWell no.Acreson the permit
42-255-316350101H1,550

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 Oil2652651,0388620$80.46$2.89
Jun 2026Marathon Oil2982981,0799000$84.81$3.15
May 2026Marathon Oil1151154714190$102.13$2.94
Apr 2026Marathon Oil2882889018210$100.32$2.77
Mar 2026Marathon Oil2632639858680$91.38$3.04
Feb 2026Marathon Oil5235232,3202,0410$64.51$3.62
Jan 2026Marathon Oil1212330$60.04$7.72
Dec 2025Marathon Oil1414440$57.97$4.26
Nov 2025Marathon Oil33110$60.06$3.79
Oct 2025Marathon Oil00000$60.89$3.19
Sep 2025Marathon Oil2172171,4941,3380$63.96$2.97
Aug 2025Marathon Oil00000$64.86$2.91
Jul 2025Marathon Oil2272272,4041,8080$68.39$3.20
Jun 2025Marathon Oil1951951,9401,7570$68.17$3.02
May 2025Marathon Oil2512511,9391,8240$62.17$3.12
Apr 2025Marathon Oil2332332,7052,5090$63.54$3.42
Mar 2025Marathon Oil3083083,1022,6960$68.24$4.12
Feb 2025Marathon Oil2412412,1711,8370$71.53$4.19
Jan 2025Marathon Oil1981981,5621,3750$75.74$4.13
Dec 2024Marathon Oil2012013,1302,8990$70.12$3.01
Nov 2024Marathon Oil2322322,3182,1600$69.95$2.12
Oct 2024Marathon Oil2432432,5002,3290$71.99$2.20
Sep 2024Marathon Oil2072072,4182,2340$70.24$2.28
Aug 2024Marathon Oil2452453,0072,7900$76.68$1.99
Jul 2024Marathon Oil2862863,1432,9320$81.80$2.07
Jun 2024Marathon Oil1961961,3061,2250$79.77$2.54
May 2024Marathon Oil3023022,1221,9780$80.02$2.12
Apr 2024Marathon Oil2612612,5772,4470$85.35$1.60
Mar 2024Marathon Oil71712,3722,2200$81.28$1.49
Feb 2024Marathon Oil41415023670$77.25$1.72
Jan 2024Marathon Oil1451453,4283,1600$74.15$3.18
Dec 2023Marathon Oil1971975,0684,8110$71.90$2.52
Nov 2023Marathon Oil1061068,3527,9850$77.69$2.71
Oct 2023Marathon Oil1081082,8542,7200$85.64$2.98
Sep 2023Marathon Oil53532,9852,8460$89.43$2.64
Aug 2023Marathon Oil1111113,0412,9100$81.39$2.58

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

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Marathon Oil Ef LLC in Karnes County

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