Grand Gulf Energy Jesse#1A well indicates 203ft gas column


Grand Gulf Energy has confirmed it Jesse#1A maiden pure-play helium well is on schedule.

Part of the Red Helium Project, the Jesse#1A well has been drilled to total depth with gamma ray correlation indicating the Leadville Formation came in structurally high to prognosis.

A full suite of modern logs were run and preliminary petrophysical interpretations indicate a gross gas column of 203 feet, with highly dolomitised reservoir throughout.

Indicating positive news for the Red Helium Project, Grand Gulf Energy also said mud gas returns were characteristically subdued due to operational parameters to prevent formation damage, through quadrupole mass spectroscopy, only a qualitive indicator that entrains significant amounts of atmospheric gases, still detected multiple zones with elevated helium concentrations of up 15 times background levels.

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