Drilling reports and oil and gas prices, March 24, 2012

Oklahoman Published: March 24, 2012
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OIL AND GAS PRICES

Oklahoma crude oil prices as of 5 p.m. Friday:

Oklahoma Sweet:

Sunoco Inc. — $103.25

Oklahoma Sour:

Sunoco Inc. — $91.25

Oklahoma oil and gas drilling activity posted March 1:

COMPLETION

Dewey: Duncan Oil Properties Inc.; Sherman No. 1-35H Well; E1/2 SW1/4 SE1/4 SW1/4 (SL) of 35-16N-20W; 1053 cu-ft gas per day, 35 barrels oil per day; TD 14,330.

Garfield: Plymouth Exploration LLC; Hendrick No. 1-29H Well; E1/2 NE1/4 NW1/4 NE1/4 (SL) of 29-24N-04W; 171 barrels oil per day, 371,000 cu-ft gas per day; TD 9,707.

Noble: Territory Resources LLC; Rush No. 1-17H Well; SE1/4 SE1/4 SE1/4 SE1/4 (SL) of 17-23N-02E; 174 barrels oil per day, 313,000 cu-ft gas per day; TD 8,661.

INTENT TO DRILL

Alfalfa: Chesapeake Operating Inc.; Shirley 18-28-12 No. 1H Well; SE1/4 SW1/4 SW1/4 SW1/4 (SL) of 18-28N-12W; TD 10,235.

Beaver: Cabot Oil & Gas Corp.; Reddick No. 1-24H Well; SW1/4 SW1/4 SE1/4 SE1/4 (SL) of 24-03N-22E; TD 10,800.

Blaine: Devon Energy Production Co. LP; Marcia No. 1-11H Well; SW1/4 SW1/4 SW1/4 SW1/4 (SL) of 11-13N-11W; TD 18,466.

Carter: XTO Energy Inc.; Tyer No. 4-12H Well; W1/2 SW1/4 NW1/4 NW1/4 (SL) of 12-03S-02E; TD 17,300.

Dewey: Mewbourne Oil Co.; Ferrell 5 No. 1H Well; S1/2 S1/2 SE1/4 SE1/4 (SL) of 05-16N-19W; TD 12,517.

Ellis: Crawley Petroleum Corp.; Berryman No. 2-11H Well; NW1/4 NE1/4 NE1/4 NE1/4 (SL) of 11-16N-23W; TD 12,500.

Noble: Highmount Operating LLC; Mace No. 1H-15 Well; C S1/2 SE1/4 SW1/4 (SL) of 15-21N-02E; TD 8,581.

Highmount Operating LLC; Shiever No. 1H-3 Well; SE1/4 SW1/4 SW1/4 SW1/4 (SL) of 03-21N-03E; TD 8,535.

Three Sands Oil Inc.; Lisa Gay No. 1 Well; SE1/4 NE1/4 NW1/4 SE1/4 of 29-23N-02W; TD 4,658.

Three Sands Oil Inc.; Rochelle No. 1 Well; SE1/4 NW1/4 NE1/4 SW1/4 of 28-23N-02W; TD 4,600.

Pawnee: Highmount Operating LLC; Wolf No. 1H-21 Well; C S1/2 SW1/4 SE1/4 (SL) of 21-22N-03E; TD 8,415.

Payne: Calyx Energy LLC; Wilson No. 11-2SWD Well; NE1/4 NE1/4 NE1/4 NE1/4 of 11-17N-04E; TD 6,000.

Calyx Energy LLC; Wilson No. 11-2SWD Well; NE1/4 NE1/4 NE1/4 NE1/4 of 11-17N-04E; TD 6,000.

Pittsburg: Petroquest Energy LLC; Charles No. 1-23 SWD Well; NE1/4 SW1/4 NE1/4 NE1/4 of 23-07N-12E; TD 9,320.

Pottawatomie: Titan Oil & Gas Corp.; Hunton No. 1 Well; SE1/4 NW1/4 NW1/4 SE1/4 (SL) of 17-08N-05E; TD 5,000.

Titan Oil & Gas Corp.; Hunton No. 2 Well; NW1/4 NE1/4 NE1/4 NW1/4 (SL) of 17-08N-05E; TD 4,900.

Woods: Stephens Production Co.; T-Rex No. 3H-5 Well; SE1/4 SE1/4 SW1/4 SW1/4 (SL) of 05-28N-14W; TD 9,450.

Woodward: Chesapeake Operating Inc.; Applebee No. 1-20 Well; C S1/2 N1/2 NE1/4 of 20-22N-17W; TD 8,560.

SOURCE: OIL-LAW RECORDS CORP.

LIVESTOCK

Friday's livestock report from the Oklahoma City Stockyards:

Receipts: 21,730; Last week 25,793; Last year 26,460

Combined weighted average report for Oklahoma auctions. 6 auctions reported this week including Apache, El Reno, Oklahoma City, McAlester, Tulsa, and Woodward. Ada not reported due to heavy rain in area. Feeder steers steady to 2.00 higher. Feeder heifers steady to$2 lower. Steer calves steady to $10 higher on a wide spread. Heifer calves mostly steady to $3 lower.



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