OPERATORS · TEXAS · P-5 NUMBER 195763

Cutbow Operating, LLC

P-5 status
Active (A)
P-5 last filed
Dec 10, 2025
Based in
Midland, TX
Most permits, 12 months
Martin County

Cutbow Operating, LLC was issued 12 drilling permits in the past 12 months, versus 6 in the prior year, all in Martin County. 100% were horizontal.

12 were issued in the past 90 days, after a quiet prior quarter. 6 were issued in the past week.

The RRC wellbore file lists 128 wells under its operatorship (81 producing, 4 shut in).

Lease reports credit it with 2.64M barrels of oil and 6.08M mcf of gas in the 12 months reported through April 2026, down 27% on the year before.

66 drilling permits have been issued to this operator number since 2021; its P-5 organization report was last filed December 10, 2025.

12
permits, last 12 months
+100%
vs prior 12 months (6)
1
counties, 12 months
81
producing wells, of 128 of record
102
leases it reports
100%
horizontal, 12 months

WINDOWS ON THE RRC ISSUE DATE · COMPUTED NOV 5, 2026

From permit to spud

FROM THE DATES ON ITS W-1 PERMITS · ALL TIME

A permit is a plan, not a well. These figures count only permits old enough to have spudded, six months and more, and read the spud, cancel, and expiry dates the RRC records on each one.

96%
spud rate · 52 of 54 mature permits
27
median days permit to spud · middle half 14–58
0
spuds, last 180 days
0%
canceled · 0 permits
14
expired undrilled
11
permits a year over 6 active years

Permits issued by month

LAST 60 MONTHS · BY ISSUE DATE

Last 12 months 12 · prior 12 6(+100%)

051020222023202420252026

Counties

Counties by permits in the last 12 months, with all-time permits and current wells of record there.

County12 moAll timeWellsLast
Martin county →126691Oct 29, 2026

All 66 permits, searchable → · Leases it reports → · On the map →

Formations in its completed wells

Tops reported on completion filings for wells it operates. RRC wellbore file. About tops →

FormationWellsPermitted last 3 yrs
San Andres446
Spraberry436
Queen386
Clear Fork376
Yates376
Santa Rosa376
Grayburg296
Dean213
Wolfcamp183
Glorieta70
Jo Mill60
Rustler10

Production by month

PDQ LEASE REPORTS · REPORTED THROUGH APR 2026

Barrels on leases where this operator filed the production report. Lease-level by design; the latest months are revised upward as late reports arrive. How production is reported →

2.64M
bbl oil, last 12 reported months
-27%
vs the 12 months before
6.08M
mcf gas incl. casinghead, last 12
11.7M
bbl oil since reporting began

Last 12 months 2,635,302 · prior 12 3,596,331(-27%)

0200K400K600K202120222023202420252026

Cutbow Operating, LLC: Oil by month.

Beyond the permit record

RRC wellbore file

Wells of record

128
in the wellbore file, 85 on schedule
81
producing
4
shut in
0
injection
0
temp. abandoned
41
plugged

How it got them

44
permitted itself
80
acquired from others
1
permitted, now run by others

Each count opens the wells it counts. Acquired means the well's permit names a different operator than the schedule does today; wells it permitted that others now run are in its permit history, marked with who runs them now. Transfers and operator numbers →

Permit types

Last 12 months against the prior 12, and all time. A type opens the permit history filtered to it. What the types mean →

Type12 moPrior 12All time
Drill12666

Fields

RRC regulatory fields with the most wells of record under this operator. The field opens its page; the count opens this operator's wells in it.

FieldWellsProducing
Spraberry (Trend Area)8528030012881

P-5 organization report

As registered with the RRC. About the P-5 →

Registration
Status Active (A)
Last filed Dec 10, 2025
Oil operator
Address
3209 Bluebird LN
Midland, TX 79705
(432) 410-4321
Officers and agents
Fritschen, Keith Herman · Manager
Daly, Kyle · Filing Agent
Gartner, Emily · Filing Agent
Waters, Weldon · Filing Agent

Latest permits

NEWEST FIRST BY ISSUE DATE · FILED OR ON WELLS IT NOW OPERATES

PermitSeenIssuedOperatorCountyLease / wellDepthAPI
919029Oct 31, 2026Oct 29, 2026Cutbow Operating, LLCMartinGunnison 8-5-F #23WAH9,03031747540
919027Oct 31, 2026Oct 29, 2026Cutbow Operating, LLCMartinGunnison 8-5-F #23LSH8,58031747538
919026Oct 31, 2026Oct 29, 2026Cutbow Operating, LLCMartinGunnison 8-5-E #20MSH7,81731747537
919023Oct 31, 2026Oct 29, 2026Cutbow Operating, LLCMartinGunnison 8-5-D #17JMH8,44531747532
919025Oct 31, 2026Oct 29, 2026Cutbow Operating, LLCMartinGunnison 8-5-D #17DNH8,37931747534
919024Oct 31, 2026Oct 29, 2026Cutbow Operating, LLCMartinGunnison 8-5-D #16WBH9,21931747533
918318Oct 2, 2026Sep 30, 2026Cutbow Operating, LLCMartinGunnison 8-5-C #10WAH9,03631747457
918317Oct 2, 2026Sep 30, 2026Cutbow Operating, LLCMartinGunnison 8-5-C #10LSH8,58631747456
918310Oct 2, 2026Sep 30, 2026Cutbow Operating, LLCMartinGunnison 8-5-B #05WBH9,22531747454
918311Oct 2, 2026Sep 30, 2026Cutbow Operating, LLCMartinGunnison 8-5-B #05MSH7,82731747455
918307Oct 2, 2026Sep 30, 2026Cutbow Operating, LLCMartinGunnison 8-5-A #03JMH8,44931747452
918308Oct 2, 2026Sep 30, 2026Cutbow Operating, LLCMartinGunnison 8-5-A #03DNH8,93631747453
904627Dec 13, 2024Dec 13, 2024Cutbow Operating, LLCMartinMadison 35-26-F #13WAH9,07331746551
904626Dec 13, 2024Dec 13, 2024Cutbow Operating, LLCMartinMadison 35-26-E #U 07LSH8,54031746550
904624Dec 13, 2024Dec 13, 2024Cutbow Operating, LLCMartinMadison 35-26-D #U 07MSH7,68631746549

Full permit history →

About this data

Registration from the RRC P-5 organization report, refreshed weekly. Permits from the OGA049M master and daily daf420 files; wells of record from the EWA wellbore schedule; production from PDQ lease reports by the operator that filed them, through the statewide reported-through month; disposal from UIC permits and H-10 reports. Summary figures are rebuilt nightly. Nothing is estimated.

Developers: this page as JSON is GET /v1/data/operators/tx/195763, documented in the API reference.