Oklahoma oil and gas prices: June 20, 2013

Oklahoman Published: June 20, 2013
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INTENT TO DRILL

Alfalfa: SandRidge Exploration & Production LLC; Gaytha 2709 No. 2-35H Well; SE1/4 SE1/4 SE1/4 SW1/4 (SL) of 35-27N-09W; TD 11,000.

SandRidge Exploration & Production LLC; Jane 2810 No. 1-23H Well; NW1/4 SE1/4 SW1/4 SE1/4 (SL) of 14-28N-10W; TD 11,299.

Garfield: SandRidge Exploration & Production LLC; RG 2407 No. 2-22H Well; SW1/4 SW1/4 SE1/4 SW1/4 (SL) of 22-24N-07W; TD 11,711.

Kingfisher: Longfellow Energy LP; Shimanek No. 2 M1H Well; NW1/4 NE1/4 NW1/4 NW1/4 (BHL) of 02-19N-05W; TD 11,110.

Love: Bosque Disposal Systems LLC; Roman SWD No. 2 Well; SW1/4 SE1/4 SE1/4 SW1/4 of 13-06S-01E; TD 8,100.

Major: BRG Petroleum LLC; McKee No. 1-8 Well; C NW1/4 SE1/4 of 08-21N-13W; TD 8,900.

Stephens: Vitruvian II Woodford LLC; Turner Trust 2N5W No. 1-12H Well; SE1/4 SW1/4 SE1/4 SW1/4 (SL) of 12-02N-05W; TD 21,000.

Woods: Midstates Petroleum Co. LLC; Hughes 2613 No. 2H-24 Well; NW1/4 NE1/4 NW1/4 NE1/4 (SL) of 24-26N-13W; TD 11,350.

Midstates Petroleum Co. LLC; Hughes 2613 No. 3H-24 Well; NW1/4 NE1/4 NW1/4 NE1/4 (SL) of 24-26N-13W; TD 11,350.

SOURCE: OIL-LAW RECORDS CORP.

LIVESTOCK

Wednesday's livestock report from the Oklahoma City Stockyards.

Cow and Bull Auction Report for Tuesday:

Receipts: 787; Last Week: 895; Last Year: 684

Compared to last week: Slaughter cows and bulls sold steady to weak. Packer demand moderate to good. Total of 403 cows and bulls sold with 73 percent going to packers.

Slaughter Cows: 1,000-1,675 lbs. Breakers and Boners average dressing $78-$86; High dressing $86.50-$88; Low dressing $73-$79; Lean cows average dressing $73-78.50; High dressing $79.50; Low dressing $66.50-$72.50; Light weight cows avgerage dressing $71-$75.50; High dressing $77.50; Low dressing $62.50-$68.

Slaughter Bulls: 1,300-2,145 lbs. Average dressing $96-$102.50; High dressing $103.50; Low dressing $90-$95.50, Very Low dressing $82.00-$86.50.

The estimated dressed cost at the Oklahoma National Stockyards:

Lean Cows: $162.55; Boners $166.35; Breakers $153.55; Light weight cows $161.50. Bulls $178.30.

Replacement Cows: Pre-tested for pregnancy and age.

Medium and Large Nos. 1-2: 6 year old 1,475 lb. cows 6 months bred average quality $1,075/head.

Pairs: Medium and Large Nos. 1-2: 6-7 year old 600-1,100 lb. cows 150-200 lb. calves average black $800-$1360/head.

HOGS

Receipts: 150

Compared to most recent market Monday:

Barrows and Gilts: Steady-2.00 higher

U.S. Nos. 1-3 220-270 lbs $56-$58

Sows: Steady

U.S. Nos. 1-3 300-500 lbs $46-$48

U.S. Nos. 1-3 500-700 lbs $50-$52

Boars: 200-250 lbs $20; over 250 lbs $5

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE



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