Desert Mountain Energy is continuing to re-assemble its helium processing facility in New Mexico, following its move from Arizona.
The helium exploration and development company has said that an additional dehydration unit will be added to the system, resulting in the removal of helium, inert gases, and heavy C-molecules.
It is believed this addition will result in a higher net price for the methane gas produced.
The elimination of these particles will also have an immediate and substantial impact on the net price received by the company for its natural gas.
Desert Mountain Energy will continue to replace specific portions of flow lines and has implemented a scheduled maintenance program for the flow lines.
The continued pigging of lines will help to lower flowing pressures from the furthest distant wells. Smaller gathering system compressors have been delivered and, when coupled with line pigging, will enable boost production from the wells tested with elevated levels of helium.
Helium Super Summit 2023
Four major global shortages in 18 years, and yet the greatest challenge facing the helium business in 2023/24 is the uncertainty that hangs over the market and its array of end-users.
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This new ‘gold rush’ has given rise to innovative helium extraction and production, with exploration activity on five continents. But at a time when demand growth is expected to accelerate, the supply chain is crunched and helium hotspots continue to come to the fore, the same cloud of uncertainty still hangs over this invaluable business.
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