Helium shortages are common to the market. 2023 is shaping up to be the ninth year, in fact, that has been impacted by supply and demand constraints since 2006. And it won’t be the last.
Ian Stalker, Chairman of helium exploration company Helium One, has stepped down after five years in the role.
Proton Green, an Arizona-based business looking to rapidly scale its helium production and begin beverage grade carbon dioxide (CO2) production, is set to become a publicly traded company.
Canada-based Helium Evolution has confirmed that it will abandon its third farmout well, drilled and fully funded by its farmout partner, North American Helium.
Avanti Helium has signed a binding midstream agreement with IACX Resources Montana, a subsidiary of IACX Energy, to build, finance, and operate a helium recovery plant to process raw gas from Avanti’s Sweetgrass helium pool.
In the last decade, and since the dawn of the 2020s in particular, the emphasis on decarbonisation, clean energies and the critical roll-out of these technologies and initiatives has firmly accelerated.
Hot on the heels of the company’s launch, construction has begun on New Era Helium’s natural gas and helium processing plant in New Mexico.
North American Helium has spud Helium Evolution’s third farmout well in Saskatchewan, Canada, pursuant to a previously signed farmout agreement.
Chart Industries will supply a helium circulator system for X-Energy’s Xe-100 high temperature gas cooled advanced reactor for the UK market.
There’s a new player on the helium market. Exploration and gas production firm New Era Helium Corp is now producing helium within the Permian Basin in southeast New Mexico.
