# Magnetar Operating | Slater #1 | A-743
**URL:** https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241
**Category:** Houston County, TX
**Created:** [October 15, 2025, 6:50pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241 "2025-10-15T18:50:32Z")
**Posts on this page:** 13
**Page:** 1
### Author:  [@Recon](https://www.mineralrightsforum.com/u/Recon)
#### Post date: [October 15, 2025, 6:50pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/1 "2025-10-15T18:50:32Z")
Lease sign posted. Rig should be there within a couple weeks.
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### Author:  [@Alan\_Herrington](https://www.mineralrightsforum.com/u/Alan_Herrington)
#### Post date: [October 15, 2025, 9:49pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/2 "2025-10-15T21:49:15Z")
[https://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?name=SLATER&fromPublicQuery=Y&univDocNo=498554062](https://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?name=SLATER&fromPublicQuery=Y&univDocNo=498554062)
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### Author:  [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [November 13, 2025, 4:05pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/3 "2025-11-13T16:05:35Z")
A rig is being moved in on this location north of Latexo today.
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### Author:  [@Recon](https://www.mineralrightsforum.com/u/Recon)
#### Post date: [November 14, 2025, 11:57pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/4 "2025-11-14T23:57:40Z")
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### Author:  [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [November 15, 2025, 2:45am UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/5 "2025-11-15T02:45:52Z")
The Big E website shows their Rig #2 is capable of drilling 20,000 ft.
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### Author:  [@Allikat](https://www.mineralrightsforum.com/u/Allikat)
#### Post date: [November 18, 2025, 4:34pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/6 "2025-11-18T16:34:56Z")
Went by this site yesterday. Rig up and clearly visible from Hwy 287. Site for sore eyes in this neck of the woods! Trucks, materials, and people going in and out.
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### Author:  [@Akranch](https://www.mineralrightsforum.com/u/Akranch)
#### Post date: [November 18, 2025, 10:48pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/7 "2025-11-18T22:48:39Z")
I sure hope they jump the river and go SW.
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### Author:  [@Allikat](https://www.mineralrightsforum.com/u/Allikat)
#### Post date: [December 2, 2025, 2:22am UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/8 "2025-12-02T02:22:50Z")
Heard well plugged today at 9,800 ft with no hit.
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### Author:  [@r.cook75835](https://www.mineralrightsforum.com/u/r.cook75835)
#### Post date: [December 5, 2025, 5:13am UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/9 "2025-12-05T05:13:03Z")
I heard same thing: rig is gone. We signed our surface lease today. Tillie #1 going in within a couple months.
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### Author:  [@Allikat](https://www.mineralrightsforum.com/u/Allikat)
#### Post date: [December 5, 2025, 5:36am UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/10 "2025-12-05T05:36:13Z")
What location is this and near what roads?
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### Author:  [@r.cook75835](https://www.mineralrightsforum.com/u/r.cook75835)
#### Post date: [December 8, 2025, 6:20am UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/11 "2025-12-08T06:20:46Z")
It down CR 2125 Ramon De La Garza survey A-33
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### Author:  [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [December 11, 2025, 2:35pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/12 "2025-12-11T14:35:33Z")
Expand/Chesapeake’s leasing in Houston County is filing its leases with the address for the Southwestern Office in Spring, Texas for the most part. Supposedly Drake was “forced” to fire about 80% of their landmen. Drake and the other brokers were trying to “force” 3-year - 3-year options on lessors. Also, they try to not allow “cost free royalty.” This Magnatar Slater well #1 supposedly to be plugged I think is a “smoke screen.” This location was a big well-built location. I don’t believe that a company such as Magnatar would build a location like that unless a lot larger company was not behind it. Expand had lease brokers around that location when the leasing in that area started.
I expect that Expand will come and drill another well on that location.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [March 11, 2026, 2:36pm UTC](https://www.mineralrightsforum.com/t/magnetar-operating-slater-1-a-743/84241/13 "2026-03-11T14:36:18Z")
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