Helix Exploration PLC (AIM:HEX) CEO Bo Sears recently discussed the methods and market dynamics surrounding helium production. He explained that helium is primarily obtained using traditional oil and gas equipment, but unlike oil and gas extraction, it requires the installation of processing facilities to separate helium from the gas stream. He also highlighted the major global helium producers, with Qatar leading as the largest producer followed by the United States and Algeria, and noted Russia's role in the market. The recent helium shortages were significantly impacted by geopolitical events, particularly Russia's invasion of Ukraine, which led to Russian helium being withdrawn from the market. Watch at #Proactive #ProactiveInvestors http://ow.ly/GRPP105ugwr
Proactive’s Post
More Relevant Posts
-
Kornbluth: helium market “in a new phase”: The helium market has clearly entered a new phase, marked by plentiful supply and oversupply in some markets – and with demand still comparatively weak. It is a situation that could well become more embedded... #gasworld #industrialgas
To view or add a comment, sign in
-
For those who are interested, attached is a new article about the helium market based on an interview I did last week for Gasworld.
Kornbluth: helium market “in a new phase”
gasworld.com
To view or add a comment, sign in
-
At the Houston Helium Super Summit, Phil Kornbluth gave an excellent breakdown on the current reality of the #helium supply chain. Watch it here:
Phil Kornbluth, Founder and President at Kornbluth Helium Consulting, spoke exclusively to gasworld ahead of its Houston Helium Super Summit 2024. #gasworldUS #industrialgas
Video: “The helium supply chain is fragile, it’s going to remain fragile”
gasworld.com
To view or add a comment, sign in
-
The helium market has entered a new phase and is characterized by an oversupply and weak demand, which could extend into 2025 and impact helium projects, especially in North America. Market expert Phil Kornbluth notes that prices have decreased since the end of Helium Shortage 4.0 in late 2023. New supply from Russia's Amur Gas Processing Plant has added to global capacity, despite EU sanctions, and future expansions from Gazprom and Qatar Energy could further increase supply by 50%. #Gazprom #QatarEnergy #Messer #Russia #Qatar #Helium #USA #semiconductor #sanctions https://lnkd.in/ek_NX3qV
Kornbluth: helium market “in a new phase”
gasworld.com
To view or add a comment, sign in
-
The global helium market is undergoing a shift in power dynamics. Read Phil Kornbluth, from Kornbluth Helium Consulting, LLC, thoughts on the matter. #gasworldUS #repost #helium #industrialgas https://lnkd.in/eX-RVSg8
Kornbluth: Global helium business in a period of flux
gasworld.com
To view or add a comment, sign in
-
What you see is what you do not see. Key facts missing... In industrial helium projects, helium grade, flow rate, and resource size are vital. Helium grade determines purity and market value. Flow rate influences extraction efficiency and revenue generation. Resource size indicates total helium available and project lifespan. These factors are crucial for profitability in helium projects. #helium gasworld
To view or add a comment, sign in
-
What you see is what you do not see. Key facts missing... In industrial helium projects, helium grade, flow rate, and resource size are vital. Helium grade determines purity and market value. Flow rate influences extraction efficiency and revenue generation. Resource size indicates total helium available and project lifespan. These factors are crucial for profitability in helium projects. #helium gasworld
To view or add a comment, sign in
-
Several months ago, WWW.LMINTELLIGAS.COM was asked to review a draft agreement by a helium client based in Asia. During Luke Manickam’s review, Luke was pleasantly surprised to come across EN.OILCHEM.NET Helium Price reference in the commercial section of the agreement. Not long afterwards, Luke had the privilege of meeting Mr Chen Yukai (Head of the Helium Team of OilChem), the brain behind the in-depth quantitative analysis pricing methodology. Today, many helium stakeholders are beginning to apply the OilChem Helium Price to their commercial agreements, especially in China, Asia's largest helium demand centre. With the inevitable demise of the USA BLM helium price reference for the public sector and the non-existence of good market-related alternatives, many helium players could use the OilChem Helium Price reference in their commercial agreements, especially in Asia, in the coming years. If your helium business is based or has a presence in Asia, and you wish to know more about OilChem Helium Price, join us at the Asia Helium Conference 2024, Guangzhou City. On 5th June, Mr Chen Yukai will speak on "Helium Pricing Data Services", and on 6th June, both Mr Chen and Luke Manickam will be available to consult you (on a one-on-one basis) on how the OilChem pricing tool could hedge the risks in the helium value chain, strengthen price forecasting and increase the influence of price. To register: zhoufeng@oilchem.net #helium #asia #china #conference #pricing #OilChem #GameChanger
To view or add a comment, sign in
-
Helium One Global Ltd CEO, Lorna Blaisse spoke recently to gasworld at the Helium Super Summit 2024, discussing the operational challenges of running a helium exploration company in Tanzania, recent advancements and major milestones, and anticipated timelines for the extraction of helium. https://lnkd.in/eGUQ3yEb #HE1 #helium #oilandgas #exploration #development
Video: What’s new with Helium One?
gasworld.com
To view or add a comment, sign in
-
Helium One sees ‘huge milestone’ with successful ITW-1 well test @Heliumone1 #AIM #OTCQB #HE1 #HLOGF. Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has reported sustained helium flow following the completion of extended well test (EWT) operations at the Itumbula West-1 (ITW-1) well in Tanzania. The well flowed at a maximum rate of 2,701 barrels per day, equating to 834 standard cubic feet per day (scf/d) of helium – meanwhile, the company’s internal modelling suggests the rate could increase to 6,176 scf/d using artificial lift in future production phases. The well yielded helium from two key intervals: the fractured Basement interval, which yielded an average... http://ow.ly/rv3r105HBvb
To view or add a comment, sign in
22,914 followers