OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Friday:
Sunoco Inc. — $92.25
Sunoco Inc. — $80.25
Oklahoma oil and gas drilling activity posted Jan. 23:
Canadian: Cimarex Energy Co.; Gray Wolf No. 1-5H Well; N1/2 S1/2 SW1/4 SW1/4 (SL) of 05-13N-08W; 529,000 cu-ft gas per day, 6.7 barrels oil per day; TD 13,272.
Carter: Bend Petroleum Corp.; Brady D No. 104 Well; SE1/4 SE1/4 SW1/4 SE1/4 of 32-01S-02W; 24 barrels oil per day; TD 2,400.
McClain: GLB Exploration Inc.; Bison No. 1 Well; SE1/4 SE1/4 NW1/4 SE1/4 of 24-08N-04W; TD 9,160.
Oklahoma: New Dominion LLC; OKC No. 2-25H Well; NW1/4 SW1/4 SW1/4 NW1/4 (SL) of 30-11N-02W; 52.2 barrels oil per day, 20,000 cu-ft gas per day; TD 8,392.
Pittsburg: PetroQuest Energy LLC; Clifton No. 1-17H Well; NW1/4 NE1/4 NE1/4 NE1/4 (SL) of 17-07N-13E; 3,186,000 cu-ft gas per day; TD 10,992.
PetroQuest Energy LLC; Clifton No. 2-17H Well; NW1/4 NE1/4 NE1/4 NE1/4 (SL) of 17-07N-13E; 3,846,000 cu-ft gas per day; TD 10,864.
Rogers: CEP Mid-Continent LLC; Smokerise No. 144 Well; SE1/4 NW1/4 SW1/4 NE1/4 of 06-24N-15E; 25 barrels oil per day, 11,000 cu-ft gas per day; TD 1,320.
Woods: SandRidge Exploration & Production LLC; Mabel SWD 2920 No. 1-34 Well; SE1/4 SE1/4 NW1/4 SW1/4 of 34-29N-20W; TD 8,450.
INTENT TO DRILL
Alfalfa: SandRidge Exploration & Production LLC; Guffy 2810 No. 3-27H Well; NE1/4 NE1/4 NE1/4 NW1/4 (SL) of 27-28N-10W; TD 10,705.
SandRidge Exploration & Production LLC; Holderby 2810 No. 4-17H Well; N1/2 N1/2 N1/2 NE1/4 (SL) of 17-28N-10W; TD 10,615.
SandRidge Exploration & Production LLC; Ruby Trust 2709 No. 3-6H Well; SE1/4 SW1/4 SE1/4 SW1/4 (SL) of 06-27N-09W; TD 10,639.
Beckham: SM Energy Co.; Burl Harman No. 3-30H Well; NW1/4 NW1/4 NW1/4 NW1/4 (SL) of 30-11N-26W; TD 16,121.
Canadian: Cimarex Energy Co.; Wedman No. 2-21H Well; NW1/4 NE1/4 NW1/4 NW1/4 (BHL) of 21-13N-09W; TD 17,612.
Cimarex Energy Co.; Wedman No. 3-21H Well; NW1/4 NW1/4 NE1/4 NW1/4 (BHL) of 21-13N-09W; TD 17,591.
Cimarex Energy Co.; Wedman No. 4-21H Well; NE1/4 NE1/4 NE1/4 NW1/4 (BHL) of 21-13N-09W; TD 17,648.
Ellis: Chesapeake Operating Inc.; Kenchar 2-19-25 No. 1H Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 02-19N-25W; TD 14,000.
Garfield: Cisco Operating LLC; Tortola No. 16-1H Well; S1/2 S1/2 SE1/4 SE1/4 (SL) of 16-24N-05W; TD 10,917.
Grant: Cisco Operating LLC; Shinnecock No. 25-1H Well; S1/2 S1/2 SE1/4 SW1/4 (SL) of 25-25N-06W; TD 10,617.
SandRidge Exploration & Production LLC; Breckenridge Trust 2506 No. 1-33H Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 33-25N-06W; TD 11,418.
SandRidge Exploration & Production LLC; Regier 2606 No. 1-17H Well; S1/2 S1/2 SW1/4 SE1/4 (SL) of 17-26N-06W; TD 10,740.
SandRidge Exploration & Production LLC; Wiens 2505 No. 2-27H Well; NE1/4 NW1/4 NE1/4 NE1/4 (SL) of 27-25N-05W; TD 11,212.
Kay: Yale Oil Association Inc.; Acton Ranch No. 2-10 Well; SE1/4 NE1/4 NE1/4 NW1/4 of 10-28N-05E; TD 3,550.
Payne: Devon Energy Production Co. LP; Aldridge 27-19W-1W No. 1MH Well; NE1/4 SE1/4 SE1/4 SE1/4 (SL) of 22-19N-01W; TD 10,542.
Pottawatomie: Sharber Billy Jack Operating LLC; Jones No. 1-9A Well; NE1/4 SW1/4 SE1/4 NE1/4 of 09-09N-04E; TD 4,850.
Washita: SM Energy Co.; Bullitt No. 2-25H Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 25-11N-18W; TD 17,350.
Woods: SandRidge Exploration & Production LLC; Skyhawk 2814 No. 4-36H Well; NW1/4 NW1/4 NE1/4 NE1/4 (SL) of 36-28N-14W; TD 10,920.
SOURCE: OIL-LAW RECORDS CORP.
Friday's livestock report from the Oklahoma City Stockyards: Feeder Cattle Weighted Average Report and Cow and Bull Report for Week of Feb. 8 to Thursday.
Receipts: 19,243; Last Week 24,079; Last Year 14,692
Combined weighted average report for Oklahoma auctions. Seven auctions reported this week: Apache; El Reno; McAlester; Oklahoma City; Tulsa and Woodward. Ada not included this week due to limited receipts. Feeder steers traded $4-$8 lower. Feeder heifers sold $3-$6 lower. Feeder cattle demand moderate following a heavy downturn of future contracts. Steer and heifer calves sold $3-$7 lower. Heavy snowfall this past week has brought some much needed moisture to area pastures.
Feeder Steers: Medium and Large No. 1: Calves: 323 lbs. $209.67; 372 lbs. $204.37; 430 lbs. $196.97; 471 lbs. $179.17; 522 lbs. $176.96; 569 lbs. $164.88; 629 lbs. $151.90; 686 lbs. $144.75; Yearlings: 622 lbs. $160.29; 673 lbs. $150.10; 717 lbs. $144.35; 777 lbs. $139.21; 824 lbs. $137.50; 871 lbs. $135.13; 921 lbs. $131.85; 972 lbs. $129.99; 1,021 lbs. $127.31.
Feeder Heifers: Medium and Large No. 1: Calves: 376 lbs. $176.91; 429 lbs. $166.57; 476 lbs. $161.74; 517 lbs. $158.23; 575 lbs. $145.72; 630 lbs. $137.26; 679 lbs. $135.41; Yearlings: 621 lbs. $140.73; 676 lbs. $136.66; 722 lbs. $134.50; 760 lbs. $131.81; 821 lbs. $129.92; 858 lbs. $129.78; 914 lbs. $124.39.
Slaughter Cows: Average dressing Boners and Breakers $82-$88; Lean cows $77-$82.50. Slaughter bulls Average dressing $98-$103.50.
Slaughter cattle $2 lower. Dressed sales $4 lower. Sales confirmed so far this week totaled about 63,540 head through Friday afternoon. Last week 88,930.
Nebraska Feed Yards
Live Basis: Steers and Heifers: $123
Dressed Basis: Steers and Heifers: $196
Texas and Kansas Feed Yards
Live Basis: $123
Live Cattle: Feb. $126.50; April $130.45; June $126.27; Aug. $126.72
Feeder Cattle: March $143.37; April $146.62; May $150; Aug. $156.90.
Federally Inspected Cattle: 596,000 head down 2.3 percent from a year ago.
Receipts: 215 head this week.
Barrows and Gilts:
U.S. Nos. 1-3 220-270 lbs., $50.
U.S. Nos. 1-3 300-500 lbs., $38-$40.
U.S. Nos. 1-3 500-700 lbs., $44-$46.
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 $81.70.
Dressed Basis: (74% yield): April $84.25; May $91.62; June $92.95; July $92.85.
Federally Inspected Hogs: 2.145 million head down 0.3 percent from a year ago.
Federally Inspected Sheep/Lambs: 39,000 head up 8.3 percent from a year ago.
Estimated Composite Boxed Beef Cutout Values: Friday. Box beef cutout values $.31 higher than last Friday. Choice 600-900 lbs. $181.18; Select 600-900 lbs. $180.87.
Beef: 476.7 million lbs. down 0.7 percent from a year ago.
Pork: 444.6 million lbs. down 0.8 percent from a year ago.
Lamb: 2.8 million lbs. up 3.7 percent from a year ago.
Cattle Carcass Weights — National Average; This week estimate: 802 lbs.; Last week estimate: 799 lbs.; Last years actual: 788 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE