PIERCE

Operated by CORSICANA CRUDE HOLDINGS, LLC (P-5 179834) in the CORSICANA (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1720District 05Field 20823500OilCasinghead gasSaveExport
Value, all time
$153 k
Jan 1993 – May 2026
Value, last 12 filed months
$192
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 594 leases and 5,880 wells, and the rule below applies to all of them.

Discovered
1896-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2007-03-29.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 08/01/88.

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
OilDisposition5,660 bbl$153,218
Casinghead gasProduction21 Mcf$0
Total$153,218

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (58)

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 32.0964, -96.3582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles. 11 wells have no surveyed location and are left out of it.

32.09683, -96.35825 · centre of 47 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
77.6%
45 of 58 wells
With a plug date
65.5%
38 of 58 wells
Median depth
944 ft
43 wells filed one
Completion to plug
20.8 years
median over 12 wells

What the state filed about each well

On the RRC proration schedule
4577.6%
A plug date is filed
3865.5%
BothOn the schedule and plugged. Neither fact cancels the other.
3865.5%
NeitherNo plug date, and not on the schedule.
1322.4%

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

Total depth in feet, 43 of 58 wells. Median 944 ft, with the middle half between 894 and 995 ft; the shallowest is 848 ft and the deepest 1,744 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 19 of 58 wells, Oct 1966 – Jun 1971. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1966 – Jun 1971
19 of 58 wells; 39 filed none
Plug dates filed
Jun 1982 – Dec 2021
38 of 58 wells; 20 filed none

Last completion to plug: a median of 20.8 years across the 12 wells that filed both dates, with the middle half between 17.8 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

58 wells

42-3490068716884 ftAug 1987Yes
42-349201478894 ftAug 1987Yes
42-349201489848 ftOct 1986Yes
42-3492015415863 ftMay 1988Yes
42-349201676I894 ftJul 1986Yes
42-3492017615I925 ftAug 1993Yes
42-3492017817966 ftYes
42-3492018120I985 ftYes
42-3492018221I960 ftJul 1982Yes
42-3492018322I963 ftMar 1993Yes
42-349828721A1,744 ftOct 1986Yes
42-349828731BYes
42-349828762Yes
42-349828783A1,678 ftSep 1986Yes
42-349828794I929 ftJul 1992Yes
42-349828805IYes
42-349828837A1,634 ftSep 1986Yes
42-349828847IAug 1986Yes
42-349828858A1,000 ftOct 1989Yes
42-349828879IAug 1986Yes
42-3498288810A1,716 ftMay 1988Yes
42-34982892121,699 ftAug 1987Yes
42-3498289514I933 ftJun 1988Yes
42-3498289615A1,638 ftSep 1986Yes
42-3498290017I921 ftAug 1986Yes
42-3498290118945 ftYes
42-3498290218IAug 1986Yes
42-3498290319I989 ftMar 1987Yes
42-3498290723I950 ftMar 1993Yes
42-3498290824I925 ftMay 1988Yes
42-3498290926I943 ftApr 1987Yes
42-3498291027I866 ftMay 1988Yes
42-3492015213
42-3492015314
42-3492015819
42-349828751R
42-349828772R
42-349828815R
42-349834143
42-3493009614A1,675 ftJun 1971
42-3493009113A1,718 ftJun 1971Sep 1986Yes
42-3493008512A1,699 ftApr 1971May 1988Yes
42-3498289011A1,702 ftOct 1968Sep 1986Yes
42-3492017312I925 ftDec 1966
42-3492017716I925 ftDec 1966Aug 1993Yes
42-349201698I894 ftDec 1966Jun 1982Yes
42-3492015516R884 ftNov 1966Yes
42-3498289413I949 ftNov 1966
42-3492017211I944 ftNov 1966Aug 1993Yes
42-3492017110I966 ftNov 1966Dec 1992Yes
42-3492015011884 ftNov 1966Aug 1987Yes
42-3492014910856 ftNov 1966Aug 1987Yes
42-349201632I872 ftNov 1966Nov 1985Yes
42-349828741I969 ftNov 1966
42-3492016122Nov 1966
42-3492016021Nov 1966
42-3492015920925 ftNov 1966Dec 2021Yes
42-349201456R884 ftOct 1966May 1988Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20253063.933.01$192
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201710047.933.21$479
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201613048.763.72$634
Nov 20160042.492.64$0
Oct 201611046.193.09$508
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201617045.352.69$771
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201623033.011.79$759
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201515038.792.17$582
Oct 20150043.552.43$0
Sep 201524042.992.76$1,032
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201518056.152.88$1,011
May 20150055.212.96$0
Apr 201524049.822.71$1,196
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201422054.693.59$1,203
Nov 20140070.464.25$0
Oct 201427078.303.90$2,114
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201422096.564.18$2,124
Jun 20140098.164.74$0
May 201427094.734.73$2,558
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201426097.406.19$2,532
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201328088.853.74$2,488
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201325094.403.93$2,360
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201326093.623.91$2,434
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201222086.773.42$1,909
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201225094.672.92$2,367
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201226079.822.52$2,075
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012220105.052.22$2,311
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201126096.873.24$2,519
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201123083.623.99$1,923
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201119092.904.64$1,765
May 20110098.134.40$0
Apr 2011230105.964.33$2,437
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201117086.504.59$1,471
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201024078.103.51$1,874
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201017072.554.74$1,233
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201019081.694.12$1,552
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201018074.365.96$1,338
Dec 20090071.445.48$0
Nov 200920074.593.75$1,492
Oct 20090072.544.11$0
Sep 200924065.543.06$1,573
Aug 20090067.423.22$0
Jul 200921061.133.46$1,284
Jun 20090066.163.90$0
May 200925054.743.93$1,369
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200923032.814.63$755
Jan 20090035.865.37$0
Dec 200820037.105.98$742
Nov 20080055.496.86$0
Oct 200818075.246.92$1,354
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008150131.0811.39$1,966
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008200110.3110.45$2,206
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200739082.856.92$3,231
Sep 20070075.846.24$0
Aug 200720069.066.39$1,381
Jul 200728070.906.39$1,985
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200719059.617.81$1,133
Mar 20070056.927.30$0
Feb 200726055.108.22$1,433
Jan 20070050.306.73$0
Dec 200616056.656.92$906
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 200613060.085.04$781
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200620066.286.38$1,326
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200417045.286.33$770
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200417042.375.55$720
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200413034.475.86$448
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200413032.036.30$416
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200317028.174.76$479
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200320029.415.17$588
Jun 20030028.565.98$0
May 200316026.595.97$425
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200316033.487.93$536
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200215024.664.14$370
Oct 20020026.464.23$0
Sep 200220027.443.64$549
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200214023.733.34$332
May 20020024.663.58$0
Apr 200216023.653.51$378
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200220017.172.38$343
Dec 200120016.932.36$339
Nov 20010018.072.41$0
Oct 200127019.782.53$534
Sep 20010024.262.25$0
Aug 200116024.873.05$398
Jul 200111023.933.20$263
Jun 200113024.563.82$319
May 200124025.524.31$612
Apr 200128024.685.34$691
Mar 200128024.545.38$687
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 19985909.201.77$543
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19978017.742.95$142
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 199693023.31$2,168
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996222018.73$4,158
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 199679017.07$1,349
Dec 1995150017.19$2,579
Nov 1995154016.00$2,464
Oct 19950015.43$0
Sep 199576016.18$1,230
Aug 19950015.92$0
Jul 1995123015.24$1,875
Jun 19950016.41$0
May 19950017.56$0
Apr 1995168017.73$2,979
Mar 1995123016.44$2,022
Feb 1995131016.58$2,172
Jan 1995150015.92$2,388
Dec 1994150015.03$2,255
Nov 199494015.90$1,495
Oct 199443115.58$670
Sep 199469115.29$1,055
Aug 199485116.13$1,371
Jul 199491117.56$1,598
Jun 199494117.09$1,606
May 1994155115.88$2,461
Apr 1994230114.14$3,252
Mar 1994102112.46$1,271
Feb 199438112.50$475
Jan 1994159112.66$2,013
Dec 1993174112.33$2,145
Nov 1993142114.49$2,058
Oct 1993110115.85$1,744
Sep 1993164115.03$2,465
Aug 1993101115.66$1,582
Jul 1993100115.46$1,546
Jun 1993103116.79$1,729
May 1993171117.68$3,023
Apr 1993113118.05$2,040
Mar 1993114118.14$2,068
Feb 1993132117.90$2,363
Jan 19930016.93$0

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.

Aug 2025 — as filed, then multipliedworked
Oil                    3 bbl  × $ 63.93 =       $192
Casinghead gas         0 Mcf  × $  3.01 =         $0

────────────────────────────────────────────────────
Month total                                     $192

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. 05/O/1720 is the state's own key, not one this site invented.