OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Friday:
Sunoco Inc. — $96.00
Sunoco Inc. — $84.00
Oklahoma oil and gas drilling activity posted March 4:
Beckham: Apache Corp.; Taylor 30-12-22 No. 1H Well; S1/2 S1/2 SW1/4 SW1/4 (SL) of 30-12N-22W; 1096 barrels oil per day, 1,017,000 cu-ft gas per day; TD 14,724.
Apache Corp.; Thomas No. 1-19H Well; S1/2 S1/2 SE1/4 SE1/4 (SL) of 19-12N-22W; 277 barrels oil per day, 234,000 cu-ft gas per day; TD 14,189.
Dewey: Mewbourne Oil Co.; Beau 17 No. 3HT Well; NE1/4 NE1/4 NE1/4 NW1/4 (SL) of 17-16N-19W; 261 barrels oil per day, 523,000 cu-ft gas per day; TD 12,664.
Ellis: Apache Corp.; Shahan No. 3-9H Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 09-16N-23W; 253 barrels oil per day; TD 12,825.
Grant: Union Valley Petroleum Corp.; State No. 1-16 Well; C SW1/4 NW1/4 of 16-28N-05W; 57 barrels oil per day, 155,000 cu-ft gas per day; TD 5,347.
Logan: Slawson Exploration Co., Inc.; Canvasback No. 1-25H Well; SE1/4 SE1/4 SE1/4 SW1/4 (SL) of 24-17N-03W; 72 barrels oil per day, 80,000 cu-ft gas per day; TD 10,735.
McClain: Charter Oak Production Co., LLC; Emerson No. 1-22 Well; C NW1/4 SE1/4 of 22-07N-03W; 50 barrels oil per day; TD 9,570.
Noble: Hulen Operating Co.; Barbara No. 26-2 Well; C NW1/4 NW1/4 NE1/4 of 26-24N-02W; 24 barrels oil per day, 10,000 cu-ft gas per day; TD 4,688.
Pawnee: Mid-Con Energy Operating, LLC; Miller No. 30 Well; SW1/4 SW1/4 NE1/4 NE1/4 of 19-21N-08E; 13 barrels oil per day; TD 2,390.
Payne: Calyx Energy, LLC; Katz No. 31-1WX Well; NE1/4 SW1/4 NE1/4 NE1/4 (BHL) of 30-19N-03E; 979 barrels oil per day, 1,191,000 cu-ft gas per day; TD 13,508.
Devon Energy Production Co., LP; Yost 16-20N-2E No. 1WH Well; NW1/4 SE1/4 SE1/4 SE1/4 (SL) of 16-20N-02E; 107 barrels oil per day, 69,000 cu-ft gas per day; TD 8,510.
Roger Mills: Apache Corp.; Chalfant No. 1-14H Well; SE1/4 SE1/4 SE1/4 SE1/4 (SL) of 11-13N-25W; 377 barrels oil per day, 575,000 cu-ft gas per day; TD 14,150.
Apache Corp.; Jaylei 34-16-23 No. 1H Well; NW1/4 SW1/4 SE1/4 SW1/4 (SL) of 34-16N-23W; 35 barrels oil per day, 227,000 cu-ft gas per day; TD 13,020.
Apache Corp.; Rounds 28-16-23 No. 1H Well; NW1/4 NE1/4 NW1/4 NE1/4 (BHL) of 28-16N-23W; 60 barrels oil per day, 297,000 cu-ft gas per day; TD 13,749.
Apache Corp.; Sophia 34-16-23 No. 1H Well; NW1/4 SW1/4 SE1/4 SW1/4 (SL) of 34-16N-23W; 53 barrels oil per day, 238,000 cu-ft gas per day; TD 12,935.
INTENT TO DRILL
Beaver: Chaparral Energy LLC; Karber No. 1H-16 Well; NE1/4 NW1/4 NE1/4 NE1/4 (BHL) of 16-02N-20E; TD 11,400.
Ellis: PPP Petroleum LP; Shrewder No. 1-20H Well; S1/2 S1/2 SW1/4 SW1/4 (SL) of 20-18N-23W; TD 13,974.
Grant: SandRidge Exploration & Production LLC; Conrady 2907 No. 5-14H Well; S1/2 S1/2 S1/2 SE1/4 of 14-29N-07W; TD 10,804.
Kingfisher: Hinkle Oil & Gas Inc.; Bollenbach No. 2-29H Well; SW1/4 SW1/4 SW1/4 SE1/4 (SL) of 29-17N-05W; TD 11,023.
Hinkle Oil & Gas Inc.; East Hennessey unit No. 217H Well; W1/2 E1/2 E1/2 SW1/4 (SL) of 13-19N-06W; TD 11,057.
Hinkle Oil & Gas Inc.; East Hennessey Unit No. 218H Well; W1/2 E1/2 E1/2 SW1/4 (SL) of 13-19N-06W; TD 11,208.
Hinkle Oil & Gas Inc.; Lincoln North Unit No. 15-4H Well; N1/2 N1/2 N1/2 NE1/4 (BHL) of 29-18N-05W; TD 12,245.
Logan: Osage Exploration & Development Inc.; Osage Whitten No. 1-3MH Well; N1/2 N1/2 NE1/4 NE1/4 (BHL) of 03-16N-03W; TD 10,712.
Noble: Davidson Energy Inc.; Olva Feken No. 1-23 Well; C NW1/4 SE1/4 NE1/4 of 23-22N-02W; TD 5,050.
SOURCE: OIL-LAW RECORDS CORP.
Friday's livestock report from the Oklahoma City Stockyards:
Receipts: 31,502 Last Week 34,597 Last Year 31,746
Combined weighted average report for Oklahoma auctions. 7 Auctions reported this week: Ada, Apache, Mcalester, OKC West, Oklahoma National Stockyards, Tulsa, and Woodward. Feeder steers sold steady to $2 higher in the early part of the week but by midweek had rallied to $3-$5 higher. Feeder heifers steady to $2 higher. Low numbers for steer and heifer calves this week with no trend available. However, some steadiness was noted. Weather continues to be very dry and very windy placing much of the state in high fire danger.
Steers: Medium and Large 1: (weighted average): Calves: 332 lbs. $245.67; 372 lbs. $245.48; 428 lbs. $236.19; 474 lbs. $230.45; 524 lbs. $218.66; 575 lbs. $204.20; 644 lbs. $185.88; 686 lbs. $177; Yearlings: 627 lbs. $195.82; 677 lbs. $187.30; 726 lbs. $178.97; 770 lbs. $172.51; 822 lbs. $164.93; 866 lbs. $160.97; 918 lbs. $156.64; 978 lbs. $152.16; 1021 lbs. $149.99; 1061 lbs. $148.91.
Heifers: Medium and Large 1: (weighted average): Calves: 325 lbs. $222; 378 lbs. $215.64; 427 lbs. $207.96; 478 lbs. $197.97; 529 lbs. $191.58; 571 lbs. $185.01; 635 lbs. $168.07; Yearlings: 620 lbs. $174.44; 672 lbs. $169.34; 723 lbs. $163.57; 772 lbs. $157.38; 819 lbs. $154.90; 873 lbs. $151.57; 922 lbs. $149.33; 969 lbs. $147.45.
Slaughter Cows: Average dressing Boners and Breakers $103-$111.50; Lean cows $93-$100. Slaughter bulls Average dressing $117-$124.
Slaughter cattle $2-$2.50 higher in Texas and Kansas. Nebraska live trade was steady; no trades reported for dressed as of Friday afternoon. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled about 32,000 head. Last week's total head count was 103,326 head.
Nebraska Feed yards Live Basis: Steers and Heifers: $152.
Dressed Basis: Steers and Heifers: N/A.
Texas and Kansas Feed Yards Live Basis: $150-$150.50.
Live Cattle: APRIL $144; June $136.12; August $133.50; October $137.52.
Feeder Cattle: March $175.02; April $175.27; May $176.50; August $177.90.
Federally Inspected Cattle: 575,000 head down 4.8 percent from a year ago.
Oklahoma National Stockyards Hog Buying Station. 220 head this week.
Barrows and Gilts: mostly $10 higher. Sows $2-$5 higher
US 1-3 220-270 lbs. $70-$72
US 1-3 300-500 lbs. $62-$70
US 1-3 500-700 lbs. $71-$75
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 128.15.
Dressed Basis (74% yield): APR $125.67; MAY $126.27; JUN $130.32; JUL $126.60.
Federally Inspected Hogs: 2.042 million down 6.3 percent from a year ago.
Federally Inspected Sheep/Lambs: 42,000 down 8.7 from a year ago.
Estimated Composite Boxed Beef Cutout Values:
Friday Box beef cut-out values: $1.56 lower than last Friday.
Choice 600-900 lbs. $240.16 Select 600-900 lbs. $233.66.
Beef: 458.3 million lbs. down 4.1 percent from a year ago.
Pork: 435.6 million lbs. down 3.5 percent from a year ago.
Lamb: 2.9 million lbs. down 3.9 percent from a year ago.
Cattle Carcass Weights — National Average: This week estimate: 799 lbs.; Last week estimate: 800 lbs.; Last year's actual: 793 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE