SAN AMBROSIA D

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 296992District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.3 M
May 2023 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
37
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
CondensateDisposition150,321 bbl$11,304,402
GasProduction691,801 Mcf$1,966,479
Total$13,270,881

Every month this lease reported (37)

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

37 months

May 202600106.413.05$0
Apr 20261,3949,00198.932.87$163,739
Mar 20261,65710,31389.753.15$181,196
Feb 20261,3939,36463.503.75$123,574
Jan 20261,91511,14959.138.00$202,403
Dec 20251,77212,19256.664.41$154,209
Nov 20251,76611,38058.593.93$148,153
Oct 20252,11611,56459.383.30$163,865
Sep 20251,4158,90362.743.08$116,171
Aug 20251,5129,73463.933.01$126,008
Jul 20251,75711,08666.743.32$154,014
Jun 20252,18812,27266.483.13$183,854
May 20252,53513,19460.553.23$196,141
Apr 20252,68813,76462.363.54$216,391
Mar 20251,3929,90867.704.27$136,529
Feb 20259093,87170.884.34$81,233
Jan 20252,55513,32074.324.28$246,880
Dec 20242,70915,23568.993.12$234,448
Nov 20242,56216,76469.052.20$213,761
Oct 20242,83719,65771.372.28$247,322
Sep 20242,81019,42169.612.36$241,522
Aug 20243,19719,54475.632.06$282,121
Jul 20242,57613,72079.932.15$235,351
Jun 20243,74516,95178.082.63$337,058
May 20244,39123,51378.812.20$397,747
Apr 20242,41810,69384.451.66$221,942
Mar 20249,93424,93280.301.55$836,223
Feb 20243,64220,09676.091.78$312,964
Jan 20245,38932,27773.023.30$499,943
Dec 20237,52536,41671.262.61$631,303
Nov 20236,27229,93877.892.81$572,579
Oct 20238,50841,07585.443.09$853,734
Sep 202311,46653,09389.042.74$1,166,144
Aug 202312,71942,41880.522.67$1,137,512
Jul 202312,09730,25774.852.64$985,393
Jun 202314,15646,79968.962.26$1,081,892
May 20232,4047,98770.622.23$187,561

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         1,394 bbl  × $ 98.93 =   $137,908
Gas                9,001 Mcf  × $  2.87 =    $25,830

────────────────────────────────────────────────────
Month total                                 $163,739

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/296992 is the state's own key, not one this site invented.