Cutter Oil has a proven ability to get the most out of every well that we have produced.  This is especially apparent when compared to our competitors within the immediate vicinity of our wells.  Our wells will produce more in the beginning and have a much longer life then any competitor.  This all translates to more money for our landowners.

You can see just a few of the examples of where Cutter Oil has out produced the competition.  Ultimately, this translates into more money for our landowners.  All of the figures are based on the market prices today.


Franks #3 v Snoddy #1
Well Name Franks #3 Location Wayne County
Competition Belden Blake Corporation
Competition Well Name Snoddy #1 Gas Price $10.00
Distance 1000 feet Oil Price $110.00
Totals
Total Production (Oil and Gas) Landowner Royalties
Franks #3 $22,869,210.00 $2,858,651.25
Snoddy #1 $11,329,300.00 $1,416,162.50
Difference $11,539,910.00 $1,442,488.75

These two wells were drilled at almost the same time of each other as you can see, Cutter Oil more than double the production of the competition.  Franks #3 holds the record for the most gas produced in a single year in the state of Ohio; it produced 1,146,758,000 cubic feet of gas in a single year!
Total Production
This graph above displays the production of the two wells since they were drilled in 1997. As you can see, the Franks #3 well produced twice as much initially and continues to hold onto its production.
Total Production: Since 2000
This graph above removed the first couple years where the production is much larger.  This allows you to see more detail of the longevity of a Cutter Oil well as compared to the competition.  It also breaks down the dollar amount in terms of oil and gas production.  The Cutter Oil well beats the competition in all cases.
Production Summary
The first graph shows the total production of oil and gas for both wells. These two wells were drilled within a month of each other. The second graph displays the total landowner royalties in today’s prices. As you can see, our landowners received double what our competitor’s landowner did.
Source: All productions figures are based on data from the Ohio Department of Natural Resources

2010 Cutter Oil Company