Helix Exploration Discovers High Helium Concentrations at Rudyard Project in Montana
Key Ideas
  • Helix Exploration reports helium concentrations of 1.1% at the Darwin #1 well in the Rudyard project, Montana, with promising results.
  • Highly encouraging results from testing show the potential for multi-million-dollar revenues per year with low capital requirements.
  • The Rudyard project involves stacked reservoir horizons and the capacity for several production wells, positioning the company for rapid advancement.
Helix Exploration, a helium exploration and development company, revealed significant helium concentrations of 1.1% at the Darwin #1 well within the Rudyard project in Montana. The project, located on a large-scale domal anticline, demonstrated helium gas up to 1.3% in adjacent wells. Testing of target reservoirs at Darwin #1 yielded positive results, with the flow of 2,750 Mcf/d of raw gas, comprising 1.1% helium, 95% nitrogen, and minimal methane. Bo Sears, the company's CEO, highlighted the project's potential for generating substantial revenues annually with low capital investment. The Rudyard project's unique features, including multiple reservoir horizons and co-joined domed anticlinal structures, indicate promising prospects for Helix. Additionally, recent helium discoveries at the Ingomar Dome project further underscore the company's success in helium exploration. Bo Sears described the findings as encouraging, showcasing the company's positive momentum in the gas industry. The article also mentions the upcoming Specialty Gas Summit 2025, a significant event focusing on the specialty gas sector, where industry professionals will convene to discuss market trends and technological advancements in speciality gases.
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