Oklahoma oil and gas prices: March 7, 2013

Oklahoman Published: March 7, 2013
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Slawson Exploration Co. Inc.; Ruffed Grouse No. 1-20H Well; SE1/4 SE1/4 SE1/4 SW1/4 (SL) of 20-17N-03W; TD 10,900.

Noble: Range Production Co.; Yearling No. 32-4N Well; SW1/4 SE1/4 SE1/4 SW1/4 (SL) of 32-24N-02W; TD 9,600.

Range Production Co.; Yearling No. 5-4S Well; S1/2 SE1/4 SE1/4 SW1/4 (BHL) of 05-23N-02W; TD 9,600.

Okfuskee: Chaparral Energy LLC; Adkins No. 2-14 Well; C NE1/4 SE1/4 SW1/4 of 14-10N-11E; TD 2,150.

Chaparral Energy LLC; Burden No. A4-14 Well; N1/2 SW1/4 NW1/4 SE1/4 of 14-10N-11E; TD 2,150.

J & J Production Co.; Larry Chumley No. 2-8B Well; N1/2 NE1/4 SE1/4 NE1/4 of 02-10N-09E; TD 3,800.

Stephens: Banner Oil & Gas LLC; Johnson No. J-19 Well; E1/2 W1/2 NE1/4 NE1/4 of 14-03S-05W; TD 1,200.

Banner Oil & Gas LLC; Johnson No. J-20 Well; E1/2 NW1/4 NE1/4 NE1/4 of 14-03S-05W; TD 1,200.

SOURCE: OIL-LAW RECORDS CORP.

LIVESTOCK

Tuesday's livestock report from the Oklahoma City Stockyards:

Receipts: 698; Two weeks ago: 528; Year ago: 791

Compared to two weeks ago: Slaughter cows sold steady to $1 higher. Slaughter bulls mostly steady. Packer demand remains good. Total of 361 cows and bulls sold with 68 percent going to packers.

Slaughter Cows: Average dressing Boners and Breakers $83.75-$91.50; Lean cows $76.50 $82.50; High dressing $83.50-$97; Low dressing Boners and Breakers $77-$84; Lean cows $70-$75.50. 800-950 lbs. Light weight cows Average dressing $72-$75; High dressing $77.50-$78; Low dressing $66.50.

Slaughter Bulls: 1,300-2,450 lbs. Average dressing $101-$105.50; High dressing $106-$112, Very high dressing $118-$123; Low dressing $95.50-$98, Very low dressing $84. The estimated dressed cost at the Oklahoma National Stockyards; Lean $172.05; Boners $176.85; Breakers $164.95; Light weight cows $172.05. Bulls $183.10.

Replacement Cows: Pretested for pregnancy and age. Medium and Large No. 1-2: 2 year old 975 lb. cows 6 months bred average quality $1,125/head; 4 year old 1,250 lb. cows 8 months bred high quality black $1,450/head; 5 year old 1,000-1,250 lb cows 3-7 months bred average quality black $1,035-$1,075/head; 7 year old 1,375 lb. cows 6 months bred high quality black $1,260/head; 7-8 year old cows 1,050-1,300 lb. cows 6-7 months bred average quality black $1,025- $1,175/head.

Pairs: Medium and Large No. 1-2: 5 year old 900-1,200 lb. cows with 200-250 lb. calves high quality black $1,400-$1,575/pair; 9 year old 950-1,025 lb. cows with 150-300 lb. calves high quality black $1,335-$1,400/ pair.

HOGS

Receipts: 250

Compared to Tuesday:

Barrows and Gilts: $2 higher

U.S. Nos. 1-3 220-270 lbs., $44

Sows: Steady to $2 lower

U.S. Nos. 1-3 300-500 lbs., $44-$52

U.S. Nos. 1-3 500-700 lbs., $54

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

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE



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