Oil and gas, livestock prices for Oct. 13
INTENT TO DRILL
Alfalfa: SandRidge Exploration & Production LLC; Stephen J 2910 No. 3-28H Well; NE1/4 NW1/4 NE1/4 NW1/4 (BHL) of 28-29N-10W; TD 10,855.
Creek: Leg Up Operating Co. LLC; Jack No. 1 Well; W1/2 NE1/4 SE1/4 SW1/4 of 35-19N-08E; TD 3,300.
Ellis: Chesapeake Operating Inc.; Patricia Ann 7-18-24 No. 1H Well; SW1/4 SE1/4 SW1/4 SE1/4 (SL) of 07-18N-24W; TD 14,381.
Grant: SandRidge Exploration & Production LLC; Rickabaugh 2606 No. 3-2H Well; N1/2 N1/2 NE1/4 NW1/4 (SL) of 02-26N-06W; TD 10,587.
SandRidge Exploration & Production LLC; Rickabaugh 2606 No. 4-2H Well; N1/2 N1/2 NE1/4 NE1/4 (SL) of 02-26N-06W; TD 10,619.
Love: Jones L E Operating Inc.; Brown No. 1-22 Well; C S1/2 NE1/4 NE1/4 of 22-06S-01E; TD 7,000.
Okfuskee: Natural Resources OP LLC; King No. 2-1 Well; E1/2 SW1/4 SE1/4 NE1/4 of 01-10N-08E; TD 4,500.
Pittsburg: XTO Energy Inc.; Churchill No. 2-26H Well; NW1/4 SE1/4 SW1/4 SW1/4 (SL) of 26-06N-14E; TD 14,500.
XTO Energy Inc.; Churchill No. 3-26H Well; NW1/4 SE1/4 SW1/4 SW1/4 (SL) of 26-06N-14E; TD 14,500.
Roger Mills: Panther Energy Co. LLC; Riley No. 6-3H Well; C N1/2 NE1/4 NW1/4 (BHL) of 06-17N-21W; TD 12,831.
Texas: Whiting Oil & Gas Corp.; West Hough Morrow Unit No. 240 Well; NW1/4 SE1/4 SW1/4 NE1/4 of 01-04N-13E; TD 7,600.
Tillman: Fulcrum Exploration LLC; Mary H No. 1 Well; C N1/2 NW1/4 SE1/4 of 12-03S-19W; TD 5,500.
Fulcrum Exploration LLC; Taylor-Osborne-Sears No. 1 Well; E1/2 W1/2 SE1/4 NW1/4 of 31-02S-17W; TD 5,000.
SOURCE: OIL-LAW RECORDS CORP.
LIVESTOCK
Friday's livestock report from the Oklahoma City Stockyards: Feeder Cattle Weighted Average Report for week of Oct. 5 to Thursday.
Receipts: This week: 26,830; Last week: 21,893; Last year: 29,917
Combined weighted average report for Oklahoma auctions. Seven auctions reported this week: Ada, Apache, El Reno, Mcalester, Oklahoma City, Tulsa, and Woodward. Feeder steers and heifers sold steady to $2 higher. Steer and heifer calves $4-$10 higher. Demand good for feeder cattle. Demand improved for calves as recent rains has improved the newly planted wheat pastures.
Feeder Steers: Medium and Large No. 1: Calves: 320 lbs. $205.81; 376 lbs. $193.72; 426 lbs. $181.81; 477 lbs. $170.89; 527 lbs. $160.59; 575 lbs. $153.04; 620 lbs. $144.14; 670 lbs. $142.16; Yearlings: 628 lbs. $147.55; 670 lbs. $147.22; 723 lbs. $144.83; 775 lbs. $142.70; 817 lbs. $142.36; 870 lbs. $135.36; 925 lbs. $129.36; 1010 lbs. $127.
Feeder Heifers: Medium and Large No. 1: Calves: 333 lbs. $170.55; 374 lbs. $168.93; 429 lbs. $153.26; 473 lbs. $145.20; 527 lbs. $139.75; 575 lbs. $136.68; 620 lbs. $133.21; 673 lbs. $131.90; Yearlings: 619 lbs. $139.16; 678 lbs. $136.19; 717 lbs. $132.02; 770 lbs. $133.64; 831 lbs. $129.51; 866 lbs. $122.92; 909 lbs. $122.78; 974 lbs. $118.36.
Slaughter Cows: Average dressing all grades $73-$80. Slaughter bulls Average dressing $92 $96
SLAUGHTER CATTLE
Slaughter cattle $1-$2 higher. Dressed basis $3 higher. Sales confirmed so far this week totaled about 81,250. Last week 104,181.
Nebraska Feed yards
Live Basis: Steers and Heifers: $124-$125.75
Dressed Basis: Steers and Heifers: $193.
Texas and Kansas Feed Yards
Live Basis: $125-$126
CATTLE FUTURES
Friday's Close.
Live Cattle: Oct. $123.70; Dec. $125.42; Feb. $129.35; April $133.25.
Feeder Cattle: Oct. $143.20; Nov. $144.15; Jan. $146.20; March $149.
CATTLE SLAUGHTER
Federally Inspected Cattle: 628,000 head down 3.4 percent from a year ago.
HOGS
Oklahoma City Direct Hogs- Receipts: 500 head this week.
Barrows and Gilts:
U.S. Nos. 1-3 220-270 lbs., $45
Sows:
U.S. Nos. 1-3 300-500 lbs., $28-$32.
U.S. Nos. 1-3 500-700 lbs., $34-$36.
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 afternoon was $81.68
HOG FUTURES
Friday's close.
Dressed Basis: (74% yield): Oct. $82.70; Dec. $78.42; Feb. $84.42; April $90.20.
HOG SLAUGHTER
Federally Inspected Hogs: 2.396 million head up 3.4 percent from a year ago.
SHEEP
Federally Inspected Sheep/Lambs: 39,000 head up 5.4 percent from a year ago.
BOXED BEEF
Estimated Composite Boxed Beef Cutout Values: Friday afternoon. Box beef cutout values up $1.54 from last Friday. Choice 600-900 lbs. $191.67; Select 600-900 lbs. $177.04.
MEAT PRODUCTION
Beef: 500.0 million lbs. down 1.3 percent from a year ago.
Pork: 484.5 million lbs. up 1.9 percent from a year ago.
Lamb: 2.8 million lbs. up 7.7 percent from a year ago.
Cattle Carcass Weights - National Average: This week estimate: 798 lbs.; Last week estimate: 797 lbs.; Last year actual: 781 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE
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