Helium Worth5 Jul 2024 23:32
The global helium market has experienced four shortages since 2006, says Phil Kornbluth, a helium consultant. And the price of helium has nearly doubled since 2020, from $7.57 per cubic meter to a historic high of $14 in 2023, according to the United States Geological.
HE1 had 0.5 million cubic Ft flowing on free flow . 0.5 million cubic feet is 14158.4233 cubic meters work that out in dollars over a day a week a year, and this extended well test is trying to improve the flow I would say it looks commercial now never mind if they get it flowing more the deeper they go. If they also get the first well flowing and use pumps what do you guys and gals think they could be making on a weekly basis.