Avanti Energy has completed the initial open hole logging and drill system testing on the first helium well located on its Greater Knappen property in Montana, US.
Dubbed Rankin 01-17, the well was successfully drilled to a depth of 5,860 feet and encountered all the target zones for helium potential.
Drill tests were performed to high-grade zones for completions and two of the targeted zones showed economic helium potential.
Subject to further analysis and lab results, the preliminary drill stem testing information encourages completing the zones identified for helium.
Completions and production testing will determine the economic viability of the well.
Ali Esmail, Vice-President of Engineering at Avanti Energy, said, “The team is excited to have a completed it firs exploration well In Greater Knappen.”
“Our initial analysis has demonstrated that there is potential for economic helium production in two of the three target zones.”
“Following additional analysis by the technical team, our completions programme will further define the economics of the well as we continue to develop the economic potential of Greater Knappen.”