Proven Production

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. Here 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 Gas Price: $10.00
Competition Well Name: Snoddy #1 Oil Price: $110.00
Distance: 1000 feet
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

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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

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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

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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

Franks #2 v Mowrer #2
Well Name: Franks #2 Location: Wayne County
Competition: Belden Blake Corporation Gas Price: $10.00
Competition Well Name: Mowrer #2 Oil Price: $110.00
Distance: 1100 feet
Totals
Total Production (Oil and Gas) Landowner Royalties
Franks #2 $24,137,750.00 $3,019,332.50
Mowrer #2 $11,016,910.00 $1,377,113.75
Difference $13,137,750.00 $1,642,218.75

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.

Total Production

prod_franks2_lg1

This graph above displays the production of the two wells since they were drilled in 1997. As you can see, the Franks #2 well produced twice as much initially and continues to hold onto its production.

Total Production: Since 2000

prod_franks2_lg2

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

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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

Macey #1 v JB Preston #1
Well Name: Macey #1 Location: Summit County
Competition: Pine Top Inc Gas Price: $10.00
Competition Well Name: JB Preston #1 Oil Price: $110.00
Distance: 1200 feet
Totals
Total Production (Oil and Gas) Landowner Royalties
Franks #2 $4,734,520.00 $591,815.00
Mowrer #2 $3,004,660.00 $375,582.50
Difference $1,729,860.00 $216,232.50

This wells production is more comparable to the kind of production that is currently being pursued by Cutter Oil Company in urban areas.

Total Production

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This graph above displays the first 13 years of each of these wells.  As you can see, the Macey #1 well produced more initial and has held onto more production over time.

Total Production: Since 2000

prod_macey1_lg2

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

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prod_macey1_sml2

The first graph really shows the ability of our production capabilities.  The JB Preston #1 well was drilled seven (7) years earlier and Macey #1 has more than out produced the competition.  The second graph displays the total landowner royalties in today’s prices. As you can see, our landowners fair much better than our competition’s do.

Source: All productions figures are based on data from the Ohio Department of Natural Resources

Cutter Oil has a proven ability to get the most out of our wells. Our wells produce more in the beginning and have a much longer life than any competitor, ultimately translating into more money for our landowners.

 
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