OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Wednesday:
Sunoco Inc. — $94.50
Sunoco Inc. — $82.50
Oklahoma oil and gas drilling activity posted Jan. 7:
Alfalfa: SandRidge Exploration & Production LLC; Rose SWD 2810 No. 1-26 Well; SW1/4 NE1/4 SE1/4 NE1/4 of 26-28N-10W; TD 7,093.
Carter: Citation Oil & Gas Corp.; Wildcat Jim Unit No. 158A Well; SE1/4 NE1/4 NE1/4 NE1/4 of 17-02S-02W; 21 barrels oil per day; TD 3,200.
Grant: Omimex Petroleum Inc.; Numa West Red Fork Sand Unit No. 10-8 Well; SE1/4 SW1/4 NW1/4 NW1/4 of 20-27N-04W; 31 barrels oil per day; TD 5,070.
SandRidge Exploration & Production LLC; Boyle 2808 No. 1-20H Well; N1/2 N1/2 NW1/4 NW1/4 (SL) of 20-28N-08W; 3,684,000 cu-ft gas per day, 54 barrels oil per day; TD 9,667.
SandRidge Exploration & Production LLC; Halcomb 2506 No. 1-6H Well; N1/2 NW1/4 NW1/4 NE1/4 (SL) of 06-25N-06W; 99 barrels oil per day, 433,000 cu-ft gas per day; TD 9,905.
SandRidge Exploration & Production LLC; Livestock 2706 No. 2-25H Well; NE1/4 NE1/4 NE1/4 NW1/4 (SL) of 25-27N-06W; 952 barrels oil per day, 748,000 cu-ft gas per day; TD 9,616.
INTENT TO DRILL
Alfalfa: Chesapeake Operating Inc.; Kasparek Trust 21-27-12 No. 1H Well; N1/2 N1/2 NE1/4 NE1/4 (SL) of 21-27N-12W; TD 10,575.
Beaver: Cabot Oil & Gas Corp.; Naylor Farms No. 1-28SWD Well; NW1/4 NW1/4 NW1/4 NE1/4 of 28-01N-22E; TD 4,400.
Coal: Gulf Exploration LLC; Wallace No. 2-17 Well; NE1/4 NE1/4 NE1/4 SW1/4 of 17-01N-08E; TD 5,970.
Ellis: Primary Natural Resources III LLC; Shrewder No. 4-19H Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 19-18N-23W; TD 13,881.
Grant: ARP Oklahoma LLC; Terrier No. 2-21H Well; SW1/4 SW1/4 SW1/4 SW1/4 (SL) of 16-25N-08W; TD 10,727.
Kay: International Energy Corp.; ETU No. 14-8 Well; C SE1/4 SE1/4 SW1/4 of 29-25N-01E; TD 5,000.
Payne: Devon Energy Production Co. LP; Chlouber 35-19N-3E No. 1 SWD Well; SW1/4 SE1/4 SW1/4 SE1/4 of 35-19N-03E; TD 7,500.
Pottawatomie: Bridon Energy LLC; OK State No. 1-16 Well; S1/2 NW1/4 NW1/4 SW1/4 of 16-08N-05E; TD 4,400.
Stephens: Lewis Oil Operations LLC; School Land 36NE No. 1 Well; S1/2 N1/2 NW1/4 NE1/4 of 36-01N-09W; TD 3,499.
Lewis Oil Operations LLC; School Land 36NE No. 2 Well; C N1/2 NE1/4 of 36-01N-09W; TD 2,499.
Lewis Oil Operations LLC; School Land 36NE No. 3 Well; C NE1/4 NE1/4 of 36-01N-09W; TD 2,499.
SOURCE: OIL-LAW RECORDS CORP.
Wednesday's livestock report from the Oklahoma City Stockyards:
Receipts: 648; Last Tuesday: 851; Year Ago: 734
Compared to the last week: Slaughter cows sold $4-$6 higher. Breaker cows $1-$2 higher in a light test. Slaughter bulls $1-$2 higher. Packer demand very good for lighter receipts. Total of 280 cows and bulls sold with 53 percent going to packers.
Slaughter Cows: 1,000-1,650 lbs. Average dressing Boners and Breakers $83-$88.50; Lean cows $77.50-$82.50; High dressing $83.50-$94; Low dressing $70-$81.50. 850-1,000 lb. Light weight cows Average dressing $79; High dressing $80-$84; Low dressing $65-$71.50, Very low dressing $57.50-$61.50.
Slaughter Bulls: 1,300-2,250 lbs. Average dressing $95-$100; High dressing $103-$111.50, Very high dressing $117; Low dressing $88.50-$94.
The estimated dressed cost at the Oklahoma National Stockyards; Lean $172.75; Boners $173.55; Breakers $158.90; Light weight cows $164.20. Bulls $177.40.
Replacement Cows: Pre-tested for pregnancy and age.
Medium and Large No. 1-2: 2-4 year old 1,100-1,125 lb. cows 3-5 months bred average to high quality black $1,275-$1,350/head; 3-6 year old 1,075-1,350 lb. cows 6-8 months bred high quality black $1,375-$1,575/head; 3-6 year old 950-1,175 lb. cows 2-6 months bred average quality black $1,000-$1,150/head; 5-6 year old 1,150-1,200 lb. cows 2-8 months bred average quality black $985-$1,125/head; 7-8 year old 1,125-1,250 lb. cows 3-7 months bred average to high quality black $940-$1,185/head.
Compared to Tuesday:
Barrows and Gilts: Steady.
U.S. Nos. 1-3, 220-270 lbs. $52
U.S. Nos. 1-3, 300-500 lbs. $35-$38
U.S. Nos. 1-3, 500-700 lbs. $43-$45
Boars: 200-250 lbs. $20; over 250 lbs. $5
SOURCE: USDA-OKLAHOMA DEPARTMENT MARKET NEWS SERVICE