SAN AMBROSIA D (SA11)

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 297088District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$16.9 M
May 2023 – May 2026
Value, last 12 filed months
$2.9 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
CondensateDisposition203,450 bbl$15,180,978
GasProduction616,217 Mcf$1,756,343
Total$16,937,321

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 20262,79010,24198.932.87$305,404
Mar 20263,26511,51789.753.15$329,306
Feb 20262,65010,32463.503.75$206,993
Jan 20263,47312,31959.138.00$303,885
Dec 20253,12013,23656.664.41$235,194
Nov 20253,02712,66658.593.93$227,084
Oct 20253,76212,81359.383.30$265,732
Sep 20253,00210,40062.743.08$220,345
Aug 20253,37211,29963.933.01$249,636
Jul 20253,55012,71566.743.32$279,080
Jun 20254,13714,01666.483.13$318,880
May 20255,48015,96460.553.23$383,415
Apr 20259,69125,36862.363.54$694,213
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025173074.324.28$12,857
Dec 20243,77813,33068.993.12$302,252
Nov 20243,96017,89469.052.20$312,777
Oct 20244,44019,75371.372.28$361,947
Sep 20244,42519,51369.612.36$354,160
Aug 20245,05120,23675.632.06$423,767
Jul 20244,72214,13579.932.15$407,772
Jun 20245,58817,44278.082.63$482,253
May 20247,85124,18778.812.20$671,911
Apr 20244,1309,88184.451.66$365,173
Mar 202416,12526,08480.301.55$1,335,141
Feb 20246,85122,66276.091.78$561,713
Jan 20249,21435,87273.023.30$791,100
Dec 202312,46238,75471.262.61$989,218
Nov 20239,08729,66477.892.81$791,070
Oct 202311,01329,13385.443.09$1,030,892
Sep 202312,70036,19989.042.74$1,229,814
Aug 202311,72929,13780.522.67$1,022,299
Jul 202312,45926,71174.852.64$1,003,121
Jun 20235,97011,65368.962.26$438,009
May 20234031,09970.622.23$30,908

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         2,790 bbl  × $ 98.93 =   $276,015
Gas               10,241 Mcf  × $  2.87 =    $29,389

────────────────────────────────────────────────────
Month total                                 $305,404

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/297088 is the state's own key, not one this site invented.