SAN AMBROSIA F (SA28) STATE

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.

Oil lease lease 20408District 01Field 54928500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$51.6 M
Mar 2021 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
63
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition528,306 bbl$43,114,983
Casinghead gasProduction1,781,854 Mcf$8,487,267
Total$51,602,250

Every month this lease reported (63)

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

63 months

May 202600106.413.05$0
Apr 20262,10911,38998.932.87$241,327
Mar 20262,60013,65089.753.15$276,340
Feb 20262,18812,34863.503.75$185,247
Jan 20262,91014,06759.138.00$284,575
Dec 20252,58613,97556.664.41$208,199
Nov 20252,39513,41258.593.93$192,984
Oct 20252,83114,30959.383.30$215,394
Sep 20252,59412,06662.743.08$199,874
Aug 20252,49612,90763.933.01$198,481
Jul 20252,74315,13066.743.32$233,227
Jun 20253,00415,72566.483.13$248,905
May 20253,45218,29860.553.23$268,164
Apr 20251,9129,70262.363.54$153,608
Mar 20252,82514,66067.704.27$253,826
Feb 20253,02714,82170.884.34$278,889
Jan 20253,76917,18374.324.28$353,633
Dec 20243,55618,66768.993.12$303,595
Nov 20243,26717,61469.052.20$264,310
Oct 20243,66518,64271.372.28$304,101
Sep 20243,51917,48269.612.36$286,291
Aug 20243,66517,58875.632.06$313,479
Jul 20243,62216,51979.932.15$324,966
Jun 20244,15816,37178.082.63$367,778
May 20241,7337,95978.812.20$154,075
Apr 20243,64916,26584.451.66$335,145
Mar 20243,88918,63180.301.55$341,074
Feb 20243,97919,42476.091.78$337,408
Jan 20244,24320,52973.023.30$377,522
Dec 20234,85821,39371.262.61$402,032
Nov 20234,89221,35877.892.81$441,002
Oct 20234,94122,62085.443.09$491,993
Sep 20235,03322,33289.042.74$509,217
Aug 20234,84923,38280.522.67$452,939
Jul 20236,06125,57374.852.64$521,225
Jun 20234,06917,43168.962.26$319,966
May 20236,74728,73970.622.23$540,486
Apr 20237,23627,85078.122.24$627,598
Mar 20237,87630,42672.852.39$646,581
Feb 20237,10128,23975.112.47$602,984
Jan 20232,2516,12376.533.39$193,012
Dec 20224,98220,80276.415.73$499,851
Nov 20227,36836,52185.005.65$832,485
Oct 20229,96142,39787.185.86$1,117,006
Sep 202210,44843,85484.888.16$1,244,836
Aug 202211,85048,20794.529.13$1,560,055
Jul 202211,86250,711101.587.54$1,587,408
Jun 202213,24159,488115.097.98$1,998,454
May 202218,98074,251109.378.43$2,702,004
Apr 202218,62374,240104.226.84$2,448,512
Mar 202224,12694,124108.885.08$3,104,650
Feb 202220,71977,05291.054.86$2,260,848
Jan 202233,37779,71581.844.54$3,093,295
Dec 202135,95784,94471.323.90$2,895,660
Nov 202139,36479,89977.435.24$3,466,374
Oct 202145,57286,69079.795.71$4,131,525
Sep 202149,81987,66969.865.35$3,949,465
Aug 202119,75736,49166.024.22$1,458,371
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0

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
Oil                2,109 bbl  × $ 98.93 =   $208,643
Casinghead gas    11,389 Mcf  × $  2.87 =    $32,683

────────────────────────────────────────────────────
Month total                                 $241,327

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/O/20408 is the state's own key, not one this site invented.