OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Friday:
Sunoco Inc. — $89.25
Sunoco Inc. — $77.25
Oklahoma oil and gas drilling activity posted Mar. 8:
INTENT TO DRILL
Canadian: Devon Energy Production Co. LP; Leck 20-13N-09W No. 9H Well; SE1/4 SE1/4 SE1/4 SE1/4 (SL) of 20-13N-09W; TD 17,283.
Devon Energy Production Co. LP; Leck 20-13N-9W No. 8H Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 20-13N-09W; TD 17,336.
Carter: Citation Oil & Gas Corp.; Wildcat Jim Unit No. 241 Well; SW1/4 NE1/4 SW1/4 NW1/4 of 16-02S-02W; TD 3,625.
Citation Oil & Gas Corp.; Wildcat Jim Unit No. 245 Well; SE1/4 SE1/4 SW1/4 SE1/4 of 08-02S-02W; TD 3,075.
Citation Oil & Gas Corp.; Wildcat Jim Unit No. 28A Well; SW1/4 NE1/4 NW1/4 SE1/4 of 08-02S-02W; TD 3,100.
Citation Oil & Gas Corp.; Wildcat Jim Unit No. 32A Well; NW1/4 NE1/4 NW1/4 SW1/4 of 08-02S-02W; TD 3,200.
XTO Energy Inc.; Powers No. 1-28H21 Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 21-04S-03E; TD 20,400.
Custer: Overflow Energy LLC; Hammon SWD No. 1 Well; SE1/4 NE1/4 NE1/4 NW1/4 of 06-13N-20W; TD 6,080.
Ellis: EOG Resources Inc.; Robin Lea No. 34-2H Well; SE1/4 SE1/4 SW1/4 SE1/4 (SL) of 34-18N-24W; TD 14,083.
Grant: Overflow Energy LLC; Medford West SWD No. 1 Well; SW1/4 NE1/4 NE1/4 NE1/4 of 19-27N-06W; TD 7,500.
Overflow Energy LLC; Wakita South SWD No. 1 Well; SE1/4 NW1/4 NW1/4 NW1/4 of 11-27N-07W; TD 7,350.
Kay: Territory Resources LLC; School No. 1-16 Well; SE1/4 NE1/4 SW1/4 SE1/4 of 16-25N-02W; TD 4,250.
Logan: Slawson Exploration Co. Inc.; Witt No. 1-15H Well; N1/2 NW1/4 NW1/4 NW1/4 (SL) of 15-17N-03W; TD 10,800.
Marshall: XTO Energy Inc.; Veronica No. 8-16H9 Well; NW1/4 NE1/4 NE1/4 NW1/4 (BHL) of 09-05S-06E; TD 13,190.
Noble: Mustang Fuel Corp.; Case No. 1-9H Well; SW1/4 SW1/4 SE1/4 SW1/4 (BHL) of 04-24N-03E; TD 8,838.
Pawnee: Cimarron River Operating Co.; Mary B No. 7 Well; C NW1/4 SW1/4 NW1/4 of 07-20N-06E; TD 3,431.
Payne: Devon Energy Production Co. LP; Leigh 17-19N-3E No. 1MH Well; NE1/4 SW1/4 SE1/4 SE1/4 (SL) of 08-19N-03E; TD 9,655.
Devon Energy Production Co. LP; Thomason 15-20N-3E No. 1MH Well; NW1/4 SW1/4 SW1/4 SW1/4 (SL) of 15-20N-03E; TD 9,217.
Devon Energy Production Co. LP; Thomason 22-20N-3E No. 1MH Well; NW1/4 SW1/4 SW1/4 SW1/4 (SL) of 15-20N-03E; TD 9,248.
Roger Mills: Apache Corp.; Broadbent No. 1-3H Well; NE1/4 NW1/4 NW1/4 NE1/4 (SL) of 03-15N-22W; TD 13,200.
Tulsa: Grand Resources Inc.; Bird Creek Unit: F Keith Tract 22 No. 29 Well; SE1/4 NW1/4 SW1/4 SE1/4 (SL) of 17-21N-13E; TD 2,309.
SOURCE: OIL-LAW RECORDS CORP.
Friday's livestock report from the Oklahoma City Stockyards: Oklahoma Combined Weekly Auction Summary. Feeder Cattle Weighted Average Report and Cow and Bull Report for week of March 29 to Thursday.
Receipts: 15,925; Last week 20,473; Last year 15,230
Combined weighted average report for Oklahoma auctions. Six auctions reported this week: Apache, El Reno, McAlester, Oklahoma City and Woodward. Feeder cattle traded $2-$6 higher. Calves steady to $4 higher. Wheat and grass pastures should be looking very good this spring with the two inches of rain this week and another two inches of rain expected next week. Demand was good this week.
Feeder Steers: Medium and Large No. 1: Calves: 332 lbs. thin fleshed $221; 383 lbs. $202.37; 429 lbs. $184.30; 477 lbs. $180.58; 519 lbs. $171.95, thin fleshed 534 lbs. $181.89; 576 lbs. $163.00, thin fleshed 570 lbs 182.25. Yearlings: 638 lbs. $156.95, thin fleshed 630 lbs 164.13; 660 lbs. $152.96; 718 lbs. $144.78; 767 lbs. $140.25; 827 lbs. $136.14; 868 lbs. 129.43; 914 lbs. $125.97; 980 lbs. $123.20; 1014 lbs. $122.48; 1095 lbs. $119.50.
Feeder Heifers: Medium and Large No. 1: Calves: 312 lbs. $178.96; 370 lbs. $169.51; 424 lbs. $163.44; 481 lbs. $157.58; 515 lbs. $153.73; 565 lbs. $146.53; Yearlings: 630 lbs. $141.37, thin fleshed 612 lbs. $144.75; 676 lbs. $138.42;; 722 lbs. $130.76; 771 lbs. $125.90; 818 lbs. $123.01; 873 lbs. $121.60; 921 lbs. $119.29; 959 lbs. $116.25.
Slaughter Cows: Average dressing Breakers $80.50-85; Boners $85-$90.50; Lean cows $78.50 $83.50. Slaughter bulls Average dressing $99-$104.50.
Slaughter cattle mostly steady. Dressed sales steady. Sales confirmed so far this week totaled about 111,350 head thru Friday afternoon. Last week 115,525.
Nebraska Feed yards
Live Basis: Steers and Heifers: $129
Dressed Basis: Steers and Heifers: $204-$205
Texas and Kansas Feed Yards
Live Basis: $128-$128.50.
Thursday's Close. Closed Good Friday.
Live Cattle: April $126.02; June $121.50; Aug. $122.25; Oct. $126.70.
Feeder Cattle: April $142.57; May $144.30; Aug. $151.20; Sept. $152.70.
Federally Inspected Cattle: 593,000 head down 3.2 percent from a year ago.
Receipts: 450 head this week
Barrows and Gilts:
U.S. Nos. 1-3 220-270 lbs., $45
U.S. Nos. 1-3 300-500 lbs., $50-$54
U.S. Nos. 1-3 500-700 lbs., $56-$58
Boars: 200-250 lbs., $20; over 250 lbs., $5.
Western Cornbelt Direct Lean Hog Base Price weighted average price of packers bids on a carcass basis delivered to packing plants Friday was $80.72.
Thursday's close. Closed Good Friday
Dressed Basis: (74% yield): April $80.02; May $86.90; June $89.70; July $89.55.
Federally Inspected Hogs: 2.088 million head down 0.9 percent from a year ago.
Federally Inspected Sheep/Lambs: 36,000 head down 1.0 percent from a year ago.
Estimated Composite Boxed Beef Cutout Values: Friday. Box beef cut-out values: $.45 higher than last Friday. Choice: 600-900 lbs. $191.32; Select: 600-900 lbs. $187.01.
Beef: 469.5 million lbs. down 3.2 percent from a year ago.
Pork: 433.3 million lbs. down 2.4 percent from a year ago.
Lamb: 2.6 million lbs. down 10.3 percent from a year ago.
Cattle Carcass Weights - National Average: This week estimate: 794 lbs.; Last week estimate: 794 lbs.; Last year's actual: 783 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE