HANDY 02
HANDY 02 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 751,763 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $243K, with roughly $139K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 922 thousand cubic feet a month. Its strongest month on the record we hold was February 2025, at 5,224 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HANDY 02
- Who operates HANDY 02?
- HANDY 02 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is HANDY 02?
- HANDY 02 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 271809.
- Is HANDY 02 still producing?
- HANDY 02 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANDY 02 is August 2026.
- How much has HANDY 02 produced?
- HANDY 02 has reported 751,763 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is HANDY 02 worth?
- The remaining production from HANDY 02 is estimated to be worth about $243K in total as of 26 August 2026, within a range of $190K to $297K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANDY 02 is a fraction of it. The estimate fits an Arps decline curve to the production HANDY 02 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANDY 02 is an estimate of value, not an offer and not an appraisal.
- How much income does HANDY 02 generate in a year?
- HANDY 02 is forecast to net about $139K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HANDY 02 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 271809 |
| Wellbores | 1 |
| Reported production | 751,763 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $243K |
Where HANDY 02 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.