Member Info for dai2belts

Too complex, I am just going accept it now :)
Helium doesn't mix easily with nitrogen because of the great difference in their densities. But once mixed, the gas molecules are close together and they move around quite a bit with kinetic energy so they stay mixed and don't separate out into layers.

Its a good find, and backs up its mixed, but I cant find a trusted source for reference, but I dont know the correct lingo for the subject to search effectively.. and I got suckered into that helium beer which at first I doubted simply because helium would escape the can, and would go into your belly not lungs.. but I then watched how its was added to the beer at a craft brewer. fool :(

@inthevoid, if it was not for the other guys providing facts over plausible guestimates I would have sold long ago..
mind you I am guesstimating that helium is still mixed with the nitrogen in the gas cap, struggling to find a plain english simple explanation...

My reasoning..
I think if it was at the top you would sample/extract helium first, then eventually nitrogen from/at the crest
In the article the diagram shows one gas cap, not helium above nitrogen.
The its used "-" to combine the components of the gas phase, and only mention one gas phase

Our studies indicate that once helium and nitrogen are released from the source rock, they interact with groundwater in overlying strata (see figure above). Once enough helium and nitrogen are dissolved in the groundwater, they are able to form a separate "nitrogen- and-helium-rich" gas phase as the groundwater ascends to the surface and becomes depressurized. We think this is the mechanism for the near-pure nitrogen-helium gas fields found in North America.

@Phantom25, I might be wrong but I believe it is mixed with the nitrogen..

https://physicsworld.com/a/on-the-hunt-for-helium/

Maybe I am missing something..
Page 19..
https://mcusercontent.com/110d0aa5f5d9bf9478796664e/files/58194820-d910-4c75-b085-a151b97344ee/Helium_One_Initiation_note_Final_14_Dec_2020_RB2.pdf?utm_source=H%26P+Master+Contact+List+%28Sements+and+Tags%29&utm_campaign=78f95cbff0-EMAIL_CAMPAIGN_2019_05_20_02_05_COPY_01&utm_medium=email&utm_term=0_dd4f91613c-78f95cbff0-371771967

Thats what the H&P report suggests but I don't have a clue how they come to that figure but have not attempted to looked into it.
Must be a multiplier in their equation....

Each production module cost about $50m, and takes about 1 year to pay back producing 350mmcf/year
After each module is paid back there is a healthy FCF to pay dividends to attract investment funds/pensions
With just 3 production modules they can produce 1bcf/year for 100 years, and that is just Rukwa
Thats selling about $390m/year at $375mcf and 10-15% of the global market
Add a production module at one of the other 2 fields or both, .....

If its a 100 years resource, i think £3 is cheap

This I dont understand...
H&P P10 unrisked resource is >500bcf, @4.9% Helium about $200bn @$375/mcf(could be $250)
We are hoping for 8-10% to double the resource or so I thought...?

@SeagullsFan, Thanks,
I dont have profits here, so since I have the time have taken advantage of every bit of info I can gather, and posted/shared to see if its any good... and studied my replies as best I can... Too confident now... almost thought I had a dud at 1 point...

Its a great BB, the guys here have helped me out a lot, and asking good questions adds too..
Once the excitement is over here I will be looking at TA on my steady shares, been plenty posted here

Wondering where SeisProcessor is, got a bottle of beer waiting for his post?

ST, I did not realise Zaks mistake, lack of effort , not sketching enough lines ;)

bumping for the guys who are coming in from work
A fantastic indication of reservoir seal and trap..
https://www.youtube.com/watch?v=Oi4gNFekfrQ

@ST I was thinking of de-risking when we got to 23p, but zak said 30p, and I bought it..
Mind you if he says 40p when we get to 28p, I will be taken in by that too :)

Full and with the higher concentration
I thought 8-10% would double the bcf, but after reading page 15 H&P Initiation note
"In terms of the gas in place, it is assumed between 61% (P90 case) and 72% (P10) will be recoverable, which is reasonable compared to gas discoveries globally which have high recovery rates.
In aggregate across all the prospects, the helium content is assumed to be 3% in the P90 case, 4.2% in the P50 case and 4.9% in the P10 case.."

"The prospects have a total unrisked base case recoverable helium potential of 138bcf or 14bcf on a risked basis (average 10% geological chance of success). The high or P10 case is almost four times higher at >500bcf gross unrisked"

@chennowitz, keep asking those questions :)

Worth watching this, and there is transcript to read if you select it..
https://www.youtube.com/watch?v=jqU0GhmCEhM&t=688s

Just seen the interview and read skittish's post, really excited now :)

Zak also said 30p end of next month, last month...
looks like he will be wrong again
Its going to be this month :)