SAN AMBROSIA C (SA2)

Operated by SM ENERGY COMPANY (P-5 788997) in the LORENZO (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 292682District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.4 M
Mar 2022 – May 2026
Value, last 12 filed months
$418 k
at the published price for each month
Months reported
51
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 484 leases and 599 wells, and the rule below applies to all of them.

Discovered
2009-10-26
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 40 acres. The field rule took effect on 2023-08-22.

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: A UFT FIELD. FIELD GETS UFT ALLOWABLE, EFFECTIVE 08-22-2023

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
CondensateDisposition81,871 bbl$7,145,993
GasProduction448,198 Mcf$2,274,052
Total$9,420,044

Every month this lease reported (51)

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

51 months

May 202600106.413.05$0
Apr 20264133,17098.932.87$49,955
Mar 20266543,12389.753.15$68,532
Feb 20265302,13663.503.75$41,666
Jan 20268332,82359.138.00$71,833
Dec 20256333,65856.664.41$52,010
Nov 20255282,31558.593.93$40,025
Oct 20254351,23059.383.30$29,895
Sep 202525039162.743.08$16,888
Aug 202513927163.933.01$9,703
Jul 202531217666.743.32$21,406
Jun 202520472266.483.13$15,821
May 202521063960.553.23$14,781
Apr 20251,21879562.363.54$78,771
Mar 20251,10942367.704.27$76,885
Feb 202545070.884.34$3,190
Jan 20251,0343,64174.324.28$92,426
Dec 20241,3805,73468.993.12$113,104
Nov 20241,0804,80669.052.20$85,140
Oct 20241,2475,16771.372.28$100,786
Sep 20241,2645,10269.612.36$100,050
Aug 20241,1023,83475.632.06$91,256
Jul 20241,0704,25079.932.15$94,648
Jun 20247884,20778.082.63$72,608
May 20248845,31978.812.20$81,362
Apr 20241,1006,16184.451.66$103,117
Mar 20241,1776,41880.301.55$104,430
Feb 20241,4847,51376.091.78$126,318
Jan 20242,33512,68573.023.30$212,333
Dec 20237405,22371.262.61$66,368
Nov 20235142,39777.892.81$46,765
Oct 20231,6149,95485.443.09$168,631
Sep 20231,73911,56689.042.74$186,474
Aug 20231,37211,42180.522.67$141,000
Jul 20231,79512,61374.852.64$167,677
Jun 20231,40011,70968.962.26$122,989
May 20231,99513,74870.622.23$171,509
Apr 20232,18615,37478.122.24$205,174
Mar 20232,34920,17472.852.39$219,404
Feb 20234,74029,35875.112.47$428,409
Jan 202316111976.533.39$12,724
Dec 20226462,59676.415.73$64,234
Nov 20227843,65685.005.65$87,283
Oct 20221,5158,39887.185.86$181,322
Sep 20223,72123,74684.888.16$509,693
Aug 20224,18726,28194.529.13$635,626
Jul 20225,00128,068101.587.54$719,693
Jun 20226,43934,740115.097.98$1,018,192
May 20229,02953,823109.378.43$1,441,393
Apr 20226,42625,916104.226.84$846,921
Mar 202260609108.885.08$9,624

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.

Apr 2026 — as filed, then multipliedworked
Condensate           413 bbl  × $ 98.93 =    $40,858
Gas                3,170 Mcf  × $  2.87 =     $9,097

────────────────────────────────────────────────────
Month total                                  $49,955

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. 01/G/292682 is the state's own key, not one this site invented.