SAN AMBROSIA D (SA10)

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 297003District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.2 M
May 2023 – May 2026
Value, last 12 filed months
$2.1 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
CondensateDisposition148,338 bbl$10,992,625
GasProduction435,669 Mcf$1,195,946
Total$12,188,572

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 20261,9848,01998.932.87$219,289
Mar 20262,71710,01389.753.15$275,386
Feb 20262,1448,83563.503.75$169,278
Jan 20262,57810,37259.138.00$235,392
Dec 20252,0969,93356.664.41$162,597
Nov 20251,9659,09958.593.93$150,856
Oct 20252,3359,01559.383.30$168,445
Sep 20251,8797,42062.743.08$140,719
Aug 20252,2347,87863.933.01$166,570
Jul 20252,1988,23766.743.32$174,002
Jun 20252,5968,57866.483.13$199,420
May 20253,1828,35960.553.23$219,689
Apr 20254,3677,22962.363.54$297,939
Mar 20251,9991,00467.704.27$139,618
Feb 20250070.884.34$0
Jan 2025148074.324.28$10,999
Dec 20243,22211,86268.993.12$259,311
Nov 20243,63418,10869.052.20$290,737
Oct 20244,03819,97471.372.28$333,761
Sep 20244,21021,07169.612.36$342,878
Aug 20245,00022,62775.632.06$424,844
Jul 20244,71615,24379.932.15$409,670
Jun 20246,23519,12378.082.63$537,198
May 20248,50127,50678.812.20$730,434
Apr 20244,2199,27984.451.66$371,690
Mar 202418,20631,96480.301.55$1,511,330
Feb 20247,75222,82176.091.78$630,554
Jan 202410,77033,00073.023.30$895,248
Dec 202310,45827,55971.262.61$817,186
Nov 20231,6022,87277.892.81$132,843
Oct 20233,3316,53885.443.09$304,785
Sep 20233,2756,42089.042.74$309,165
Aug 20233,7864,42980.522.67$316,687
Jul 20235,22110,21974.852.64$417,788
Jun 20234,8369,25368.962.26$354,388
May 20239041,81070.622.23$67,872

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         1,984 bbl  × $ 98.93 =   $196,277
Gas                8,019 Mcf  × $  2.87 =    $23,012

────────────────────────────────────────────────────
Month total                                 $219,289

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/297003 is the state's own key, not one this site invented.