OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Friday:
Sunoco Inc. — $90.
Sunoco Inc. — $78.
Oklahoma oil and gas drilling activity posted Feb. 19:
INTENT TO DRILL
Alfalfa: SandRidge Exploration & Production LLC; Cottonwood SWD 2411 No. 1-19 Well; S1/2 SE1/4 SE1/4 SW1/4 of 19-24N-11W; TD 10,235.
Beaver: Chaparral Energy LLC; Lamaster No. 2H-23 Well; NE1/4 NE1/4 NE1/4 NW1/4 (BHL) of 23-01N-20E; TD 11,940.
Unit Petroleum Co.; Wilson No. 1-2H Well; S1/2 S1/2 S1/2 SE1/4 (SL) of 02-01N-20E; TD 10,939.
Beckham: Linn Operating Inc.; Tipton 28-11-25 No. 1H Well; NW1/4 NE1/4 NW1/4 NW1/4 (SL) of 28-11N-25W; TD 16,275.
Canadian: Devon Energy Production Co. LP; Leck 20-13N-9W No. 4H Well; NW1/4 NE1/4 NE1/4 NW1/4 (BHL) of 20-13N-09W; TD 17,823.
Devon Energy Production Co. LP; Leck 20-13N-9W No. 5H Well; NE1/4 NE1/4 NE1/4 NW1/4 (BHL) of 20-13N-09W; TD 17,831.
Devon Energy Production Co. LP; Reimers 19-13-9 No. 8H Well; NE1/4 NE1/4 NW1/4 NE1/4 (BHL) of 19-13N-09W; TD 17,882.
Carter: XTO Energy Inc.; Beckham No. 1-22H15 Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 15-03S-02E; TD 17,000.
Cimarron: Mid-Con Energy Operating Inc.; Appleby WSW No. 1 Well; C NE1/4 SE1/4 of 36-04N-09E; TD 6,200.
Mid-Con Energy Operating Inc.; Hanes WSW No. 1 Well; SW1/4 SW1/4 SW1/4 NE1/4 of 13-03N-09E; TD 6,100.
Ellis: EOG Resources Inc.; Knowles No. 2-1H Well; SE1/4 SE1/4 SW1/4 SW1/4 (SL) of 02-17N-24W; TD 14,140.
Garvin: Merit Energy Co.; Frankenburg Unit No. 1 Well; C NE1/4 SE1/4 of 06-04N-03W; TD 9,742.
Kay: International Energy Corp.; Fath No. 28-1 Well; S1/2 NW1/4 SW1/4 NW1/4 of 28-25N-01E; TD 5,000.
Lincoln: Bay Petroleum Corp.; Ester Cree No. 1-26 Well; C W1/2 SE1/4 SW1/4 of 26-17N-03E; TD 4,520.
Logan: Devon Energy Production Co. LP; Elaine 10-18N-2W No. 1 SWD Well; SE1/4 SE1/4 SE1/4 SW1/4 of 10-18N-02W; TD 8,508.
Noble: Chaparral Energy LLC; Hawk No. 1H-12 Well; N1/2 N1/2 NW1/4 NE1/4 (SL) of 12-21N-01W; TD 9602.
Pawnee: Enterprise Energy Exploration Inc.; Hudson No. 2 Well; C SE1/4 SE1/4 NE1/4 of 02-21N-05E; TD 2,957.
Roger Mills: Apache Corp.; Churchill No. 1-18HA Well; C S1/2 SW1/4 SW1/4 (SL) of 18-15N-25W; TD 13,200.
Woods: Chesapeake Operating Inc.; Neva 23-28-13 No. 1H Well; S1/2 S1/2 SW1/4 SE1/4 (SL) of 14-28N-13W; TD 10,339.
Samson Resources Co.; Shawna No. 2-34H Well; SE1/4 SE1/4 SE1/4 SW1/4 (SL) of 34-24N-13W; TD 12,000.
SOURCE: OIL-LAW RECORDS CORP.
Friday's report from the Oklahoma City Stockyards:
Receipts: 32,201; Last Week 29,678; Last Year 25,793.
Combined weighted average report for Oklahoma auctions. Seven auctions reported this week: Ada, Apache, El Reno, McAlester, Oklahoma City and Woodward. Feeder steers traded 2.00-4.00 lower. Feeder heifers traded steady to 2.00 lower. Steer calves sold steady to 2.00 lower. Heifer calves sold steady to 2.00 higher. Demand moderate to good. As calves move off the wheat pastures and on to the grass, producers are in high spirits with warmer weather returning and recent moisture.
Feeder Steers: Medium and Large No. 1: Calves: 332 lbs. $208.79; 377 lbs. $202.42; 430 lbs. $186.80; 473 lbs. $182.45, thin fleshed $187; 521 lbs. $179.74; 567 lbs. $166.78, fleshy $154.91; 633 lbs. $151.03; 677 lbs. $144.79; 718 lbs. $138.40. Yearlings: 621 lbs. $154.54; 670 lbs. $148.48; 724 lbs. $140.64, thin fleshed $149.21; 772 lbs. $136.15; 824 lbs. $132.36; 871 lbs. $128.15; 921 lbs. $124.91; 967 lbs. $123.15, fleshy $121.12, value added $124.78; 1,022 lbs. $121.83.
Feeder Heifers: Medium and Large No. 1: Calves: 326 lbs. $175.30; 369 lbs. $173.60; 421 lbs. $166.10, fleshy $147.33; 482 lbs. $158.68, fleshy $142.75; 525 lbs. $155.10, fancy 159.22; 574 lbs. $146.50; 633 lbs. $133.47; 677 lbs. $131.83. Yearlings: 621 lbs. $140.56; 674 lbs. $134.53; 725 lbs. $130.29, fleshy $127.80; 778 lbs. $126.65, fleshy 121.47; 819 lbs. $124.18; 869 lbs. $122.33; 915 lbs. $118.81.
Slaughter Cows: Average dressing Boners and Breakers $83-$89.50; Lean cows $78-$83.50; Slaughter bulls Average dressing $100.50-$106.
Slaughter cattle steady-$1 lower. Dressed sales steady-$1 lower. Sales confirmed so far this week totaled about 29,500 head through Friday afternoon. Last week 85,761.
Nebraska Feed Yards
Live Basis: Steers and Heifers: $127-$128
Dressed Basis: Steers and Heifers: $202-$204
Texas and Kansas Feed Yards
Live Basis: $127-128
Live Cattle: April $125.77; June $121.30; Aug $122.52; Oct $126.82.
Feeder Cattle: March $136.67; April $139.10; May $141.07; Aug $148.02.
Federally Inspected Cattle: 606,000 head down 1.9 percent from a year ago.
Oklahoma City Direct Hogs
Receipts: 80 head this week
Barrows and Gilts:
U.S. Nos. 1-3 220-270 lbs., not established
U.S. Nos. 1-3 300-500 lbs., $45-$50
U.S. Nos. 1-3 500-700 lbs., $55-$57
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 at noon was not reported due to confidentiality.
Dressed Basis: (74% yield): April $79.67; May $89.20; June $89.32; July $90.
Federally Inspected Hogs: 2.203 million head down 1.1 percent from a year ago.
Federally Inspected Sheep/Lambs: 43,000 head unchanged from a year ago.
Estimated Composite Boxed Beef Cutout Values: Friday. Box beef cut-out values: $1.06 lower than last Friday. Choice 600-900 lbs. $195.76; Select 600-900 lbs. $193.93.
Beef: 482.3 million lbs. down 1.2 percent from a year ago.
Pork: 457 million lbs. up .3 percent from a year ago.
Lamb: 3.1 million lbs. down 6.1 percent from a year ago.
Cattle Carcass Weights – National Average: This week estimate: 798 lbs.; Last week estimate: 800 lbs.; Last year's actual: 792 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURAL DEPARTMENT MARKET NEWS SERVICE