OIL AND GAS PRICES
Oklahoma crude oil prices as of 5 p.m. Friday:
Sunoco Inc. — $92.50
Sunoco Inc. — $80.50
Oklahoma oil and gas drilling activity posted April 19:
Beaver: Latigo Oil & Gas Inc.; Maggie No. 1-13 Well; NE1/4 SE1/4 NW1/4 NW1/4 of 13-04N-26E; 30 barrels oil per day, 190,000 cu-ft gas per day; TD 9,345.
Caddo: Duncan Oil Properties Inc.; John Dugger No. 1-3H Well; NW1/4 SW1/4 SW1/4 SE1/4 (SL) of 03-08N-11W; 202 barrels oil per day, 286,000 cu-ft gas per day; TD 14,395.
Carter: Citation Oil & Gas Corp.; Wilcat Jim Unit No. 229 Well; E1/2 E1/2 NE1/4 SE1/4 of 07-02S-02W; 10 barrels oil per day; TD 3,055.
Dewey: Duncan Oil Properties Inc.; Arlita No. 1-20H Well; SW1/4 SE1/4 SW1/4 SE1/4 (SL) of 20-16N-19W; 234.63 barrels oil per day, 315,000 cu-ft gas per day; TD 12,550.
Duncan Oil Properties Inc.; Smith T No. 1-31H Well; SE1/4 SW1/4 SW1/4 SE1/4 (SL) of 31-16N-20W; 11.67 barrels oil per day, 16,000 cu-ft gas per day; TD 12,740.
Ellis: Chesapeake Operating Inc.; Miller 35-19-25 No. 1H Well; SE1/4 SW1/4 SE1/4 SW1/4 (SL) of 35-19N-25W; 112 barrels oil per day, 532,000 cu-ft gas per day; TD 13,650.
Nowata: CEP Mid-Continent LLC; Taylor No. 6 Well; NE1/4 SW1/4 NW1/4 NW1/4 of 11-25N-14E; 6 barrels oil per day, 6,000 cu-ft gas per day; TD 1,374.
Roger Mills: Chesapeake Operating Inc.; Jordan 5-15-24 No. 1H Well; SW1/4 SE1/4 SE1/4 SW1/4 (SL) of 05-15N-24W; 35 barrels oil per day, 282,000 cu-ft gas per day; TD 14,980.
Chesapeake Operating Inc.; Shockey 33-16-22 No. 1H Well; SW1/4 SE1/4 SW1/4 SE1/4 (SL) of 33-16N-22W; 208 barrels oil per day, 265,000 cu-ft gas per day; TD 13,046.
Seminole: New Dominion LLC; Arnold No. 1-26H Well; NW1/4 NW1/4 NW1/4 NW1/4 (SL) of 26-10N-07E; 342,000 cu-ft gas per day; TD 9,826.
INTENT TO DRILL
Ellis: Mewbourne Oil Co.; Jazz 22 No. 2H Well; N1/2 SW1/4 SW1/4 SE1/4 (SL) of 22-17N-22W; TD 12,393.
Garvin: Ranken Energy Corp.; Guthrie No. 1-17 Well; NE1/4 SW1/4 NE1/4 NW1/4 (SL) of 17-03N-02W; TD 7,830.
Grant: SandRidge Exploration & Production LLC; Cindy No. 1-20H Well; S1/2 S1/2 SE1/4 SW1/4 (SL) of 20-26N-05W; TD 10,742.
SandRidge Exploration & Production LLC; Reid No. 1-14H Well; N1/2 N1/2 NW1/4 SE1/4 (BHL) of 11-26N-08W; TD 13,495.
Kay: G A W Oil Co., LLC; Gray No. 2-4 Well; C E1/2 NE1/4 NW1/4 of 04-27N-02E; TD 4,000.
PetroQuest Energy LLC; Blackwell No. 1-34 SWD Well; SE1/4 SE1/4 SE1/4 SE1/4 of 34-29N-02W; TD 7,900.
Love: Mid-Con Energy Operating Inc.; HDSU Tom No. 4-2 Well; W1/2 SW1/4 SE1/4 SE1/4 of 02-06S-02W; TD 8,100.
Roger Mills: Chesapeake Operating Inc.; Mike 11-15-22 No. 1H Well; SW1/4 SE1/4 SW1/4 SW1/4 (SL) of 11-15N-22W; TD 13,400.
Stephens: Zephyr SWD LLC; A.C. Webb No. 1 Well; N1/2 SW1/4 NW1/4 NE1/4 of 20-02N-05W; TD 4,550.
Woods: Chesapeake Operating Inc.; Little 4-28-15 No. 1H Well; SE1/4 SE1/4 SE1/4 SW1/4 (SL) of 04-28N-15W; TD 10,400.
SandRidge Exploration & Production LLC; Jessica SWD No. 2-12 Well; NW1/4 SW1/4 SE1/4 SW1/4 of 12-27N-14W; TD 8,700.
Friday's livestock report from the Oklahoma City Stockyards:
Oklahoma Combined Weekly Auction Summary. Feeder Cattle Weighted Average Report and Cow and Bull Report for week of May 4 through Thursday.
Receipts: 33,635; Last week 28,322; Last year 30,981
Combined weighted average report for Oklahoma auctions. Seven auctions reported this week including Ada, Apache, El Reno, Oklahoma City, McAlester, Tulsa, and Woodward. Feeder steers and heifers mostly steady to $3 higher. Majority of cattle weighing over 600 lbs. Stocker steers and steer calves mostly steady to $3 higher for the week on a limited test. Heifer calves mostly steady to $3 higher on a light test.
Feeder Steers: Medium and Large No. 1: Calves: 326 lbs. $218.72; 384 lbs. $193.40; 427 lbs. $185.99; 466 lbs. $194.58; 525 lbs. $174.45; 569 lbs. $172.03; 624 lbs. $162.78; Yearlings: 620 lbs. $166.31; 674 lbs. $158.09; 722 lbs. $151.22; 774 lbs. $148.14; 824 lbs. $143.96; 868 lbs. $140.04; 922 lbs. $133.20; 976 lbs. $128.95; 1028 lbs. $125.49; 1073 lbs. $124.98.
Feeder Heifers: Medium and Large No. 1: Calves: 325 lbs. $185.55; 373 lbs. $180.55; 426 lbs. $175.21; 482 lbs. $166.33; 521 lbs. $164.15; 573 lbs. $154.62; Yearlings: 618 lbs. $147.90; 669 lbs. $143.86; 728 lbs. $140.42; 769 lbs. $136.53; 828 lbs. $131.62; 870 lbs. $128.26; 923 lbs. $124.10; 960 lbs. $121.99.
Slaughter Cows: Average dressing Breakers and Boners $88-$93;
Lean Cows: $87-$90. Slaughter bulls Average dressing $108-$113.
Slaughter cattle live sales none traded in Nebraska; Nebraska dressed sales $193-$194. Texas and Kansas no trade reported. Sales confirmed so far this week totaled 45,488 head; last week 68,752.
Nebraska Feed yards
Live Basis: Steers and Heifers: Few $119-$120.
Dressed Basis: Steers and Heifers: $193-$194.
Kansas Feed yards
Live Basis: Few $119.
Texas Feed yards: No trade.
Live Cattle: June 115.15; Aug. 117.70; Oct. 122.60; Dec. 125.50.
Feeder Cattle: May 149.70: Aug. 157.47; Sept. 158.62; Oct. 160.00.
Federally Inspected Cattle: 639,000 head down 4.9 percent from a year ago.
Oklahoma City Direct Hogs - Wednesday report: 200 head.
Barrows and Gilts: 220-270 lbs. Scarce.
Sows: 300-500 lbs. Scarce; 500-600 lbs. Scarce.
Western Cornbelt Direct Lean Hog Base Price weighted average price of packers bids on a carcass basis delivered to packing plants Friday afternoon was $78.09.
Dressed Basis: (74% yield): May 79.80; June 83.72: July 85.35; Aug. 86.10.
Federally Inspected Hogs: 2.089 million head up 1.5 percent from a year ago.
Federally Inspected Sheep/Lambs: 37,000 head down 3.7 percent from a year ago.
Estimated Composite Boxed Beef Cutout Values: Friday afternoon close. Boxed Beef prices $2.12 lower than last Friday. Choice 600-900 lbs. $189.10; Select 600-900 lbs. $183.05.
Beef: 495.6 million lbs. up .5 percent from a year ago.
Pork: 436.5 million lbs. up 4.5 percent from a year ago.
Lamb: 2.8 million lbs. down 3.4 percent from a year ago.
Cattle Carcass Weights - National Average: This week estimate: 777 lbs.; Last week estimate: 780 lbs.; Last year actual: 761 lbs.