CUTLASS MD
CUTLASS MD is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Blackbeard Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 2,451,785 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.3M, with roughly $1.0M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 25,056 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 200,387 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about CUTLASS MD
- Who operates CUTLASS MD?
- CUTLASS MD is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is CUTLASS MD?
- CUTLASS MD is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 295317.
- Is CUTLASS MD still producing?
- CUTLASS MD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUTLASS MD is August 2026.
- How much has CUTLASS MD produced?
- CUTLASS MD has reported 2,451,785 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is CUTLASS MD worth?
- The remaining production from CUTLASS MD is estimated to be worth about $4.3M in total as of 27 August 2026, within a range of $3.5M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUTLASS MD is a fraction of it. The estimate fits an Arps decline curve to the production CUTLASS MD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUTLASS MD is an estimate of value, not an offer and not an appraisal.
- How much income does CUTLASS MD generate in a year?
- CUTLASS MD is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CUTLASS MD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | West Park (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 295317 |
| Wellbores | 1 |
| Reported production | 2,451,785 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where CUTLASS MD sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.