CUTLASS
CUTLASS is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Oxy USA WTP LP. It has 6 wellbores on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 569,980 barrels. 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 $3.3M, with roughly $679K 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 786 barrels a month, about 131 per wellbore. Its strongest month on the record we hold was December 2017, at 2,041 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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
- Who operates CUTLASS?
- CUTLASS is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is CUTLASS?
- CUTLASS is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37344.
- Is CUTLASS still producing?
- CUTLASS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUTLASS is August 2026.
- How much has CUTLASS produced?
- CUTLASS has reported 569,980 barrels of oil (bbl) to the Railroad Commission of Texas between March 2004 and August 2026, from 6 wellbores.
- How much is CUTLASS worth?
- The remaining production from CUTLASS is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.6M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUTLASS is a fraction of it. The estimate fits an Arps decline curve to the production CUTLASS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUTLASS is an estimate of value, not an offer and not an appraisal.
- How much income does CUTLASS generate in a year?
- CUTLASS is forecast to net about $679K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CUTLASS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Arbol De Nada (Devonian) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 37344 |
| Wellbores | 6 |
| Reported production | 569,980 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where CUTLASS 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.