Canadian helium exploration and production company Helium Evolution has spud its first helium well at its McCord property in Southern Saskatchewan.
Dubbed HE-1, the well is expected to take approximately 15 days from the spud date to reach total depth of approximately 2,670 meters targeting the Deadwood formation.
gasworld understands HE-1 well located targets a structural high, a geological characteristic typically associated with high concentrations of helium.
Greg Robb, President and CEO of Helium Evolution, said, “Spudding our first well at McCord is another significant milestone for HEVI.”
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