SAN AMBROSIA C (SA3)

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 295723District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$23.0 M
Mar 2022 – May 2026
Value, last 12 filed months
$1.1 M
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
CondensateDisposition224,765 bbl$19,528,945
GasProduction733,151 Mcf$3,497,058
Total$23,026,002

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 20268512,40398.932.87$91,085
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202632059.138.00$1,892
Dec 20255271,75156.664.41$37,588
Nov 20251,1933,03158.593.93$81,799
Oct 20251,9286,03659.383.30$134,433
Sep 20253,86512,71962.743.08$281,625
Aug 20255,74712,83263.933.01$406,091
Jul 202558339766.743.32$40,226
Jun 20258622,82566.483.13$66,144
May 20251,7526,10960.553.23$125,830
Apr 20251,5404,95962.363.54$113,605
Mar 20255912,23967.704.27$49,567
Feb 202532287270.884.34$26,609
Jan 20252,0938,44674.324.28$191,689
Dec 20242,64711,03868.993.12$217,070
Nov 20242,2599,89769.052.20$177,742
Oct 20242,46410,48371.372.28$199,772
Sep 20242,43911,60469.612.36$197,215
Aug 20242,63111,33475.632.06$222,372
Jul 20242,68111,36479.932.15$238,686
Jun 20242,59210,02178.082.63$228,778
May 20242,58310,77678.812.20$227,257
Apr 20242,90111,54784.451.66$264,148
Mar 20243,06612,76080.301.55$265,916
Feb 20243,32013,83576.091.78$277,295
Jan 20243,65119,30173.023.30$330,244
Dec 20234,76416,93371.262.61$383,690
Nov 20231,2384,17377.892.81$108,144
Oct 20233,93116,66285.443.09$387,305
Sep 20234,15917,20189.042.74$417,363
Aug 20233,85017,94980.522.67$357,978
Jul 20234,78918,17774.852.64$406,477
Jun 20234,17116,16168.962.26$324,131
May 20235,52219,04270.622.23$432,378
Apr 20236,35921,09278.122.24$543,964
Mar 20235,16617,40172.852.39$417,986
Feb 20236,70324,01775.112.47$562,681
Jan 20238,08421,85376.533.39$692,700
Dec 20228,99926,11176.415.73$837,206
Nov 20224,65512,12285.005.65$464,118
Oct 20223,1318,31587.185.86$321,718
Sep 202210,62932,28684.888.16$1,165,762
Aug 202213,00738,21894.529.13$1,578,243
Jul 202213,55939,781101.587.54$1,677,355
Jun 202217,75045,945115.097.98$2,409,360
May 202221,16156,622109.378.43$2,791,874
Apr 202217,05052,138104.226.84$2,133,450
Mar 20229682,373108.885.08$117,442

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           851 bbl  × $ 98.93 =    $84,189
Gas                2,403 Mcf  × $  2.87 =     $6,896

────────────────────────────────────────────────────
Month total                                  $91,085

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/295723 is the state's own key, not one this site invented.