my brother and i just received an offer to buy our mineral rights in Bienville Parish S32 T14 R06 from Areana Minerals. just wondering if anyone else has also gotten offers.
Wise decision, Ted. Magnetar Operating has no Louisiana wells as per SONRIS so this is their first well in the state. The company is registered with the LA Secretary of State.
Magnetar Operating may be "new" to many, but this group is doing some big time and very expensive drilling across a wide range of prospects and play types.
I would say that all these permits are tied to conventional reservoirs that are heavily based on seismic interpretation (and this may play into their focus on AI applications in the oilfield as per the Magnetar Capital website).
The attached PDF shows their spread of 12 permits in both Texas and Louisiana (yellow icons) - permitted depths ranging from 10,500' to 19,500'
Skip Peel - Mineral Consultant
Good to hear that the notice emails are working. Thanks.
Nov 7, 2025
Skip Peel - Mineral Consultant
Wise decision, Ted. Magnetar Operating has no Louisiana wells as per SONRIS so this is their first well in the state. The company is registered with the LA Secretary of State.
Jan 23
Rock Man
Magnetar Operating may be "new" to many, but this group is doing some big time and very expensive drilling across a wide range of prospects and play types.
I would say that all these permits are tied to conventional reservoirs that are heavily based on seismic interpretation (and this may play into their focus on AI applications in the oilfield as per the Magnetar Capital website).
The attached PDF shows their spread of 12 permits in both Texas and Louisiana (yellow icons) - permitted depths ranging from 10,500' to 19,500'
Presently running 4 rigs.
Magnetar%20Operating%20Permits%20and%20Rigs.pdf
Jan 23