Posted on 03/02/2024 9:04:45 PM PST by bitt
A new find of underground helium in Minnesota could turn out to be one of the largest in the world, Minneapolis’s WCCO-TV reported Thursday.
The drill site, just outside Babbitt in the northeastern part of the state, took about a month from initially breaking ground to get to a depth of 2,200 feet.
What it found there, Pulsar Helium CEO Thomas Abraham-James called “a dream.”
“There was a lot of screaming, a lot of hugging and high fives. It’s nice to know the efforts all worked out and we pulled it off,” Abraham-James told WCCO.
He said that the concentration of helium sampled was 12.4 percent — about 30 times what the outlet referred to as “the industry standard,” and higher even than the company had forecast.
“12.4% is just a dream,” the CEO told the outlet. “It’s perfect.”
Further analysis remains to be done, of course, but the finding confirmed work completed in 2011 that indicated the presence of helium deep under the surface, the Duluth News Tribune reported.
Companies generally pursue helium concentrations above 0.3 percent that they can locate, the outlet noted.
“So now the real hard begins to find out what is it truly that we have and the size of the prize,” Abraham-James told the News Tribune.
Studying the size of the find and the feasibility of a full-sized mining operation could take up to a year, the company told WCCO.
The Topez Project, as the drill site is called, was initially planned to go to a depth of 2,250 feet, but had to stop earlier than expected because of “abnormally warm temperatures and looming road weight restrictions,” according to the paper.
(Excerpt) Read more at thttps: ...
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How much did the pelosi’s invest in last month?
Helium? Now we know why so many folks in Minnesota talk funny
Biden just sold the National Helium Reserve…
Citizen Watch Report ^
Posted on 1/28/2024, 8:27:29 AM by davikkm
Deflating security: Biden sells federal helium reserve, threatens us industries… National security on the line as critical element supply diminishes.
In a surprising turn of events, the U.S. government has auctioned off the Federal Helium Reserve, a subterranean treasure in Amarillo, Texas, responsible for supplying up to 30% of the nation’s helium needs. This critical element is indispensable in medical technologies, cryogenics, semiconductors, and even rocket propulsion systems.
(Excerpt) Read more at citizenwatchreport.com ...
Need a better driller, roughneck, wireline, and frac crew.
Should have been done in ten days or less for 2,200 ft.
It’s Minnesota - Slow motion Libs don’t like to move fast
Exactly, that caught my attention too, and throws doubt on everything.
You can drill 5000 feet in 2 weeks without straining anything.
How soon before the drilling area is declared an Indian burial ground, the home of the endangered land dolphin and the 437th holiest site in Islam?
My Helium Pillows soon?
Could this bring back the Bee Gees?
I know drillers ruined many a bits to get it...in the past....
Glad to see another drilling success for it....
Or...that Congress critter’s by their authority own it all
Indian tribes in Alberta have consulted oil industry geologists to help them define their “sacred sites”.
I am sure Biden will be shutting it down 3….2…1…. it has been reported that we have had a real shortage of helium!!!
Great to hear since the USG sold the helium reserves, we’re regulating out drill areas that were hittin 3% helium and no helium no MRI, CAT … Scans. Our government wants us dead. Helium is actually quite rare and must be seperated from fractions or regular natural gas wells. Seems like it could be made as a byproduct of nuclear reaction but I’m neither a chemist on nuclear engineer.
Should be a boon to the old ‘iron range’. Good for them.
This is a critical natural resource! Great news!
now that there is funny.... :)
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