Business

Oil and gas, livestock prices for Aug. 4

Published: August 4, 2012

OIL AND GAS PRICES

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

Oklahoma Sweet:

Sunoco Inc. — $88.

Oklahoma Sour:

Sunoco Inc. — $76.

Oklahoma oil and gas drilling activity posted July 12:

INTENT TO DRILL

Alfalfa: Chesapeake Operating Inc.; Cook 3-27-12 No. 1H Well; S1/2 S1/2 SW1/4 SW1/4 (SL) of 03-27N-12W; TD 10,450.

Beaver: Unit Petroleum Co.; Sager Farms No. 1-22H Well; S1/2 SW1/4 SE1/4 SE1/4 (SL) of 22-01N-22E; TD 11,400.

Caddo: Kirkpatrick Oil Co. Inc.; Willis No. 1-3 Well; W1/2 E1/2 NW1/4 SW1/4 of 03-08N-09W; TD 10,600.

Ellis: Chaparral Energy LLC; Ann No. 4H-2 Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 02-20N-26W; TD 13,300.

EOG Resources Inc.; Johnston No. 32-1H Well; NE1/4 NW1/4 NE1/4 NE1/4 (SL) of 32-17N-24W; TD 14,287.

EOG Resources Inc.; Norma Lee No. 9-2H Well; SE1/4 SE1/4 SE1/4 SW1/4 (SL) of 09-17N-24W; TD 14,111.

EOG Resources Inc.; Norma Lee No. 9-3H Well; SW1/4 SW1/4 SE1/4 SE1/4 (SL) of 09-17N-24W; TD 14,133.

Grant: SandRidge Exploration & Production LLC; Halcomb 2506 No. 1-6H Well; N1/2 NW1/4 NW1/4 NE1/4 (SL) of 06-25N-06W; TD 11,007.

Pottawatomie: Titan Oil & Gas Corp.; Hunton No. 17-4 Well; SE1/4 NW1/4 NW1/4 NW1/4 (SL) of 17-08N-05E; TD 5,100.

SOURCE: OIL-LAW RECORDS CORP.

LIVESTOCK

Friday's closing cattle and hog quotations from the Oklahoma National Stockyards. Oklahoma Combined Weekly Auction Summary for the week of July 27 to Thursday.

Receipts: This week: 16,819; Last week: 20,047; Last year: 28,628

Combined weighted average report for Oklahoma auctions. Seven auctions reported this week Ada, Apache, El Reno, McAlester, Oklahoma City, Tulsa and Woodward. Feeder steers and heifers mostly steady to $2 higher. Calves were very lightly tested and because of the short numbers and the extreme heat were mostly $2-$3 lower. Record high temperatures across the state continue to slow the movement of cattle to market.

Feeder Steers: Medium and Large No. 1: Calves: 323 lbs. $180.24; 379 lbs. $166.82; 422 lbs. $160.48; 473 lbs. $148.91; 522 lbs. $141.91; 574 lbs. $137.39; 625 lbs. $131.88; 681 lbs. 130; 723 lbs. $126.01; Yearlings: 631 lbs. $140.09; 679 lbs. $138.03; 719 lbs. $138.46; 775 lbs. $136.93; 828 lbs. $136.96; 867 lbs. $133.60; 918 lbs. $133.39; 1008 lbs. $121.26.

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