OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Wednesday:
Sunoco Inc. — $100.25
Sunoco Inc. — $88.25
Oklahoma oil and gas drilling activity posted May 5:
Alfalfa: Chesapeake Operating Inc.; Big Beef 16-27-11 No. 1H Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 16-27N-11W; 452 barrels oil per day, 2,401,000 cu-ft gas per day; TD 9,876.
Chesapeake Operating Inc.; Coffman 26-27-11 No. 1H Well; SW1/4 SW1/4 SE1/4 SW1/4 (SL) of 26-27N-11W; 366 barrels oil per day, 1,201,000 cu-ft gas per day; TD 10,379.
Kingfisher: Husky Ventures Inc.; Leibhart No. 1-31H Well; S1/2 SW1/4 SE1/4 SW1/4 (SL) of 31-20N-07W; 17 barrels oil per day; TD 12,645.
Okfuskee: Lu-Ray Petroleum LLC; Pettigrew No. 1A Well; SW1/4 SW1/4 NW1/4 SW1/4 of 13-12N-08E; 13 barrels oil per day, 10,000 cu-ft gas per day; TD 4,437.
Payne: Challenge Operating, Inc.; Foster No. 1 Well; SW1/4 NE1/4 of 01-17N-05E; TD 3,210.
Woods: Chesapeake Operating Inc.; Cattle 13-28-18 No. 1H Well; SW1/4 NW1/4 SE1/4 SW1/4 of 12-28N-18W; 472 barrels oil per day, 2,119,000 cu-ft gas per day; TD 11,132.
INTENT TO DRILL
Canadian: Newfield Exploration Mid-Con Inc.; Annuschat No. 1H-6X Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 06-14N-06W; TD 18,688.
Creek: Gibson Les; Lobo Lease No. 3 Well; C SW1/4 NE1/4 SW1/4 of 10-14N-08E; TD 2,500.
Custer: Sanguine Gas Exploration LLC; Anita No. 1-14H Well; NE1/4 NE1/4 NW1/4 NW1/4 of 14-15N-16W; TD 13,300.
Ellis: Apache Corp.; Inselman 10-16-23 No. 4H Well; N1/2 N1/2 NE1/4 NE1/4 of 10-16N-23W; TD 13,200.
Garvin: Newfield Exploration Mid-Con Inc.; Mashburn No. 4H-33X Well; NE1/4 NW1/4 NW1/4 NE1/4 (BHL) of 33-03N-04W; TD 22,625.
Newfield Exploration Mid-Con Inc.; Mashburn No. 6H-33X Well; NW1/4 NE1/4 NE1/4 NE1/4 (BHL) of 33-03N-04W; TD 23,200.
Grady: Continental Resources Inc.; Anne No. 1-11H Well; SE1/4 SE1/4 SW1/4 SE1/4 of 11-03N-05W; TD 18,154.
Hughes: Petroquest Energy LLC; Wanda No. 2-4H Well; S1/2 S1/2 S1/2 S1/2 (BHL) of 04-06N-11E; TD 11,468.
Petroquest Energy LLC; Wanda No. 3-4H Well; SE1/4 SE1/4 SW1/4 SE1/4 (BHL) of 04-06N-11E; TD 11,271.
Petroquest Energy LLC; Wanda No. 4-4H Well; SW1/4 SE1/4 SE1/4 SE1/4 (BHL) of 04-06N-11E; TD 11,452.
Kingfisher: Chaparral Energy LLC; Dover Unit No. 1MH-23 Well; SW1/4 SW1/4 SE1/4 SE1/4 (SL) of 14-18N-07W; TD 12,978.
Logan: Devon Energy Production Co. LP; Lacys Girl 12-18N-2W No. 1WH Well; NW1/4 NE1/4 NE1/4 NE1/4 of 12-18N-02W; TD 10,216.
Devon Energy Production Co. LP; Lacys Girl 7-18N-1W No. 1WH Well; NW1/4 NE1/4 NE1/4 NE1/4 (SL) of 12-18N-02W; TD 10,285.
Seminole: Koby Oil Co. LLC; Carter No. 2 Well; S1/2 NE1/4 SE1/4 SE1/4 of 23-08N-06E; TD 5,000.
Stephens: Continental Resources Inc.; Oceana No. 1-17-8XH Well; N1/2 NE1/4 NE1/4 NE1/4 (BHL) of 08-01N-05W; TD 25,331.
XTO Energy Inc.; Goins No. 1-9H Well; SW1/4 SE1/4 SE1/4 SW1/4 of 09-01N-05W; TD 21,000.
Woods: Chaparral Energy LLC; Phillips No. 3H-9 Well; SW1/4 SE1/4 SW1/4 SW1/4 of 09-28N-16W; TD 10,000.
Linn Operating Inc.; Hull No. 1-3 Well; C SW1/4 NE1/4 of 03-26N-16W; Gas.
SOURCE: OIL-LAW RECORDS CORP.
Wednesday's livestock report from the Oklahoma City Stockyards:
Receipts: 898; Last week: 621; Last year: 874
Compared to last week: Slaughter cows and bulls sold steady to $1 lower. Packer demand moderate. Total of 353 cows and bulls sold with 79 percent going to packers.
Slaughter Cows: 1,000-1,625 lbs. Average dressing Boners and Breakers $104-$111.50; Lean cows $93.50-$100.50; High dressing $102-$118; Low dressing $85.50-$104; 800-1,000 lbs. Light weight cows Average dressing $86-$89.50; High dressing $93-$96; Low dressing $78.50-$80.50.
Slaughter Bulls: 1300-2150 lbs. Average dressing $122-$129; High dressing $131-$133; Low dressing $114-$121.50, Very Low dressing $108-$112. The estimated dressed cost at the Oklahoma National Stockyards; Lean $208.25; Boners $217.60; Breakers $205.80; Light Leans $205. Bulls $226.25.
Replacement Cows: Pre-tested for pregnancy and age. Medium and Large No. 1-2: 2-5 year old 900 1,450 lb. cows 3-7 months bred average quality black $1,400-$1,600/head; 5 year old 1,150-1,425 lb. cows 4-7 months bred high quality black $1,657-$1,710/head; 6-8 year old 1,275-1,375 lb. cows 3-7 months bred average quality black $1,375-$1,625/head; 6-9 year old 1,200-1,400 lb. cows 6-7 months bred average quality $1,200-$1,400/head; 9-10 year old 1,100-1,300 lb. cows 4-6 months bred average quality black $1,125-$1,200/head.
Pairs: Medium and Large No. 1-2: 4-6 year old 900-1,375 lb. cows with 50-300 lb. calves average quality $1,525-$1,875/pair; 5-7 year old 1,000-1,250 lb. cows with 50-300 lb. calves average quality black $1,500-$1,750/pair; 8-10 year old 1,175-1,350 lb. cows with 50-250 lb. calves average quality $1,485-$1,800/pair.
The Hog Buying Station will be Closed on Monday for Memorial Day, but will be open Tuesday and Wednesday.
Compared to Tuesday
Barrows and Gilts: Steady
U.S. Nos. 1-3 220-270 lbs. $75
U.S. Nos. 1-3 under 350 lbs., $60
U.S. Nos. 1-3 350-500 lbs., $68-$70
U.S. Nos. 1-3 500-600 lbs., $74-$76
Boars: 200-250 lbs., $25; over 250 lbs., $7
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE