SAN AMBROSIA F (SA35)

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 296390District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$26.3 M
Jul 2023 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
35
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
CondensateDisposition289,260 bbl$22,210,245
GasProduction1,407,977 Mcf$4,044,968
Total$26,255,213

Every month this lease reported (35)

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

35 months

May 202600106.413.05$0
Apr 20263,01823,27098.932.87$365,349
Mar 20263,29129,75489.753.15$389,076
Feb 20261,96815,70263.503.75$183,856
Jan 20263,07326,52859.138.00$393,875
Dec 20253,42426,52856.664.41$311,081
Nov 20253,16424,44158.593.93$281,345
Oct 20253,74227,54259.383.30$313,222
Sep 20253,44826,74262.743.08$298,611
Aug 20253,78429,25663.933.01$330,111
Jul 20253,72430,46466.743.32$349,534
Jun 20254,48532,44966.483.13$399,687
May 20255,04035,73960.553.23$420,692
Apr 20256,03439,03762.363.54$514,593
Mar 20255,42846,75467.704.27$567,037
Feb 202538070.884.34$2,693
Jan 20251,1226,60374.324.28$111,639
Dec 20245,41240,01968.993.12$498,288
Nov 20245,37941,07969.052.20$461,730
Oct 20246,10042,46271.372.28$532,230
Sep 20246,42144,31769.612.36$551,747
Aug 20247,71448,56475.632.06$683,628
Jul 20248,51549,52879.932.15$786,920
Jun 20248,22340,62078.082.63$749,044
May 20247,87836,90078.812.20$701,988
Apr 20248,98645,60584.451.66$834,536
Mar 202412,26863,47680.301.55$1,083,199
Feb 202412,48360,37076.091.78$1,057,510
Jan 202415,21769,34973.023.30$1,339,835
Dec 202319,67180,09171.262.61$1,610,851
Nov 202325,12083,65677.892.81$2,191,466
Oct 202329,66495,21485.443.09$2,828,444
Sep 202330,85784,49089.042.74$2,978,591
Aug 202322,88357,60180.522.67$1,996,500
Jul 20231,6863,82774.852.64$136,307

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         3,018 bbl  × $ 98.93 =   $298,571
Gas               23,270 Mcf  × $  2.87 =    $66,778

────────────────────────────────────────────────────
Month total                                 $365,349

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/296390 is the state's own key, not one this site invented.