Innovative Helium Extraction Achieved by Desert Mountain Energy Corp
Key Ideas
- Desert Mountain Energy Corp has successfully extracted commercial volumes of helium from a natural gas stream, overcoming initial challenges.
- The facility is now operational with plans for increased sales volumes and revenue growth, focusing on well optimization and reducing water production.
- An AI component has been integrated into the processing plant, undergoing training for improved efficiency with minimal human intervention required.
- Geological analysis is ongoing to identify wells with higher helium grades, with some wells showing increased levels of hydrogen requiring further investigation.
Desert Mountain Energy Corp has achieved a significant milestone by successfully extracting commercial volumes of helium from a complex natural gas stream. The processing plant, after overcoming initial challenges during the start-up phase, is now operational and producing helium that is being transferred to end users. The company anticipates a gradual rise in sales volumes and revenue, with a focus on optimizing wells and reducing water production. An AI component has been integrated into the facility to enhance efficiency, with ongoing training through data collection. The geological team is actively reviewing data to identify wells suitable for increased helium production and exploring regional data to locate areas with potential for higher helium grades. However, certain wells are showing elevated hydrogen levels, necessitating further investigation. Desert Mountain Energy Corp's innovative approach and continuous improvement efforts indicate a positive outlook for the future of helium extraction.