Operations

Magna's focus is on oil and natural gas production in the Gulf Coast Basin of South Louisiana and Texas. Operational and engineering competency is paramount for the economic success of drilling and operating in southwest Louisiana. It is our practice to only partner or contract with operators and consultants with proven track records in the region. They must have the reputation for having the highest level of competency, integrity and open-book procedures.

Magna manages each component of its leasing, drilling and production operations to maximize the value of its reserves and minimize costs incurred. Operationally, Magna has demonstrated the ability to significantly improve production rates by 30% and cut operating costs by 60% at Edgerly Field.

Current projects

Magna is currently drilling the HBY RA SUA;WM LAWTON FAM LP 35 NO.1 in Calcasieu Parish, LA. Lauson Rig 1 spudded well January 29, 2022.