OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Friday:
Sunoco Inc. — $83.50
Sunoco Inc. — $71.50
Oklahoma oil and gas drilling activity posted June 20:
Blaine: Cimarex Energy Co.; Cantrell No. 1-26H Well; NW1/4 NW1/4 NW1/4 NW1/4 (SL) of 26-13N-13W; 3,853,000 cu-ft gas per day; TD 19,618.
Canadian: Cimarex Energy Co.; Canada No. 1-17H Well; S1/2 SW1/4 SW1/4 SW1/4 (SL) of 17-14N-09W; 1,198,000 cu-ft gas per day, 61.5 barrels oil per day; TD 16,229.
Cimarex Energy Co.; Hansen No. 1-27H Well; SE1/4 SE1/4 SE1/4 SE1/4 (SL) of 27-14N-09W; 2,824,000 cu-ft gas per day, 85 barrels oil per day; TD 16,258.
Cimarex Energy Co.; Sandburr No. 1-10H Well; SE1/4 SW1/4 SE1/4 SW1/4 (SL) of 10-13N-08W; 156.9 barrels oil per day, 1,145,000 cu-ft gas per day; TD 15,852.
Hughes: Continental Resources Inc.; Dodson No. 1-10H Well; N1/2 NW1/4 NW1/4 NE1/4 (SL) of 10-04N-10E; 4,188,000 cu-ft gas per day; TD 12,017.
Kingfisher: BRG Petroleum LLC; Marvin Jones Trust No. 1-4 Well; E1/2 E1/2 NW1/4 NE1/4 of 04-19N-07W; 20 barrels oil per day, 41,000 cu-ft gas per day; TD 7,848.
Logan: Devon Energy Production Co. LP; Matthews No. 1-33H Well; NW1/4 NW1/4 NE1/4 NW1/4 (SL) of 04-18N-02W; 394 barrels oil per day, 746,000 cu-ft gas per day; TD 10,183.
Love: Mustang Fuel Corp.; Black No. 2-14 Well; C E1/2 SW1/4 SW1/4 of 14-07S-02W; 60 barrels oil per day; TD 8,795.
Mustang Fuel Corp.; Dept. of Wildlife No. 1-11 Well; NW1/4 SE1/4 NE1/4 NW1/4 of 11-07N-02W; 100 barrels oil per day; 8,500.
Noble: ORCA Operating Co. LLC; Carol No. 1-27 Well; SW1/4 SE1/4 NW1/4 NE1/4 of 27-20N-01W; Dry TD 5,350.
Nowata: CEP Mid-Continent LLC; D & G Taylor No. 4 Well; SW1/4 SE1/4 NW1/4 SW1/4 of 11-25N-14E; 6 barrels oil per day; TD 1,284.
Woods: Chesapeake Operating Inc.; Pinnacle 32-27-14 No. 1H Well; NE1/4 NW1/4 NE1/4 NE1/4 (SL) of 32-27N-14W; 1,518,000 cu-ft gas per day, 95 barrels oil per day; TD 10,540.
INTENT TO DRILL
Alfalfa: Chesapeake Operating Inc.; McMurtrey Trust 4-26-12 No. 1H Well; S1/2 S1/2 SW1/4 SE1/4 (SL) of 04-26N-12W; TD 10,833.
Chesapeake Operating Inc.; Roscoe 24-26-9 No. 1H Well; N1/2 N1/2 NE1/4 NE1/4 (SL) of 24-26N-09W; TD 10,750.
Blaine: Devon Energy Production Co. LP; Lawson 12-13-11 No. 1H Well; SW1/4 SW1/4 SW1/4 SE1/4 (SL) of 12-13N-11W; TD 18,137.
Garfield: Longfellow Energy LP; Beebe No. 24-01H Well; SE1/4 SE1/4 SE1/4 SE1/4 (SL) of 14-20N-05W; TD 10,300.
Garvin: Prime Operating Co.; Freeman No. 1 Well; S1/2 S1/2 NE1/4 SW1/4 of 10-01N-03W; TD 2,036.
Grant: SandRidge Exploration & Production LLC; Downing Farm 2705 No. 1-9H Well; S1/2 S1/2 SW1/4 SE1/4 (SL) of 09-27N-05W; TD 10,462.
Kay: Orion Exploration Partners LLC; Sneath No. 1-24H Well; SE1/4 SW1/4 SE1/4 SE1/4 (SL) of 24-27N-01E; TD 8,593.
Lincoln: SM Energy Co.; Bubba No. 1-24 Well; E1/2 E1/2 NE1/4 NE1/4 of 24-13N-04E; TD 5,100.
Okmulgee: Seminole Oil Productions LLC; Peavler No. 14 Well; NW1/4 NW1/4 SW1/4 NW1/4 of 35-15N-14E; TD 2,300.
Pawnee: Petroquest Energy LLC; Laird No. 1-34H Well; NE1/4 NE1/4 NW1/4 NE1/4 (SL) of 34-23N-03E; TD 8,235.
Pottawatomie: Titan Oil & Gas Corp.; Hunton No. 17-3 Well; SW1/4 NW1/4 NE1/4 SE1/4 (SL) of 17-08N-05E; TD 5,000.
Seminole: Boone Operating Inc.; Posey SWD No. 11 Well; C NE1/4 NE1/4 SW1/4 of 11-07N-05E; TD 3,100.
Woods: Chaparral Energy LLC; Murrow No. 2H-4WE Well; S1/2 S1/2 S1/2 SE1/4 (SL) of 04-27N-16W; TD 10,800.
SOURCE: OIL-LAW RECORDS CORP.
Friday's livestock report from the Oklahoma City Stockyards:
Oklahoma Combined Weekly Auction Summary. Feeder Cattle Weighted Average Report for week of July 6 to Thursday.
Receipts: This Week: 22,263; Last week: 3,258; Last year: 41,385
Combined weighted average report for Oklahoma auctions. Seven auctions reported this week Ada, Apache, El Reno, McAlester, Oklahoma City, Tulsa and Woodward (cows only). Feeder steers and heifers $2-$6 lower compared to a very light test last week. Steer and heifer calves $8-$13 lower compared to a light test last week. Demand moderate as corn futures continue to climb. Weather remains hot and dry across the state with a few scattered showers finally showing up this week.
Feeder Steers: Medium and Large No. 1: Calves: 329 lbs. $181.34; 379 lbs. $173.86; 426 lbs. $163.74; 472 lbs. $157.61; 516 lbs. $152.52; 569 lbs. $147.03; 618 lbs. $141.30; 673 lbs. 138.05; 720 lbs. $138.74; 766 lbs. $133.72; 813 lbs. $125; Yearlings: 623 lbs. $146.94; 673 lbs. $144.74; 732 lbs. $141.85; 784 lbs. $141.02; 818 lbs. $139.56; 871 lbs. $135.72; 913 lbs. $136.01; 976 lbs. $127.67; 1019 lbs. $122.95; 1061 lbs. $125.50.
Feeder Heifers: Medium and Large No. 1: Calves: 317 lbs. $162.49; 377 lbs. 154.61; 423 lbs. $149.58; 474 lbs. $143.96; 518 lbs. $139.72; 578 lbs. $135.75; 634 lbs. $136.05; 676 lbs. $125.28; 723 lbs. $129.52; Yearlings: 618 lbs. $138.24; 676 lbs. $138.71; 724 lbs. $136.62; 777 lbs. $128.88; 811 lbs. $128.28.
Slaughter Cows: Average dressing Breakers and Boners $77.00-$86.50;
Lean Cows: $78-$81. Slaughter bulls Average dressing $105-$111.
Slaughter steers and heifers lightly tested few sale steady to $1 higher. Sales confirmed so far this week totaled 101,902 head; last week 36,801.
Nebraska Feed yards
Live Basis: Steers and Heifers: Few $115.
Dressed Basis: Steers and Heifers: Few $182-$183.
Texas and Kansas Feed Yards
Live Basis: $115.
Live Cattle: Aug. $117.20; Oct. $121.45; Dec. $124.90; Feb. $128.45.
Feeder Cattle: Aug. $139; Sept. $142.15; Oct. $144.30; Nov. $145.55.
Federally Inspected Cattle: 641,000 head down 4.4 percent from a year ago.
Oklahoma City Direct Hogs Receipts: 370 head this week.
Compared to Tuesday:
Barrows and Gilts: Steady.
U.S. Nos. 1-3 220-270 lbs., $55.
U.S. Nos. 1-3 300-500 lbs., $36-$44.
U.S. Nos. 1-3 500-700 lbs., $46-$48.
Boars: 200-250 lbs., $20; over 250 lbs., $10.
Western Cornbelt Direct Lean Hog Base Price: weighted average price of packers bids on a carcass basis delivered to packing plants Friday afternoon was $91.86.
Dressed Basis: (74% yield): July $97.22; Aug. $90.40; Oct. $79.47; Dec. $77.
Federally Inspected Hogs: 1.959 million head up 1.4 percent from a year ago.
Federally Inspected Sheep/Lambs: 38,000 head down 3.5 percent from a year ago.
Estimated Composite Boxed Beef Cutout Values: Friday afternoon close. Boxed Beef prices $5.42 lower than last Friday. Choice 600-900 lbs., $183.94; Select 600-900 lbs., $172.57.
Beef: 505.9 million lbs. down 2.5 percent from a year ago.
Pork: 400.1 million lbs. down 2.5 percent from a year ago.
Lamb: 2.9 million lbs. up 16 percent from a year ago.
Cattle Carcass Weights - National Average: This week estimate: 791 lbs.; Last week estimate: 787 lbs.; Last year actual: 775 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE