Post by
Fredo51545 on May 11, 2022 9:02am
Helium
The He content assumption for the plant is now 3% versus 1.6%. At full capacity, gross revenue from the plant will be $100-110 million if He price averages $1.00/cf.(My estimate)
Comment by
tylerod1 on May 11, 2022 9:08am
We're missing flow %'s from 5/6/7 but using well 4's flow #'s as a baseline these are my estimates (1 @ 2000 MCF, 1 @ 1200 MCF)
Comment by
Jimmyjohn1 on May 11, 2022 9:26am
Got to love those numbers!
Comment by
Fredo51545 on May 11, 2022 11:13am
Tyler, U hope your price and my volume estimates are both right!!!!!
Comment by
Fredo51545 on May 11, 2022 11:10am
We need to ask Robert on the call if existing well can fully utilize plant capacity. I am assuming they can but, if not, it would be easy enough to drill one more offset well.
Comment by
tylerod1 on May 11, 2022 11:43am
.7,599 is the cumulative max pressure for the wells feeding the plant IF wells 5/6/7 have similar pressure to #4. The plant can handl 10,000 so we'd be @ 76% roughly right now.
Comment by
GGDawg on May 11, 2022 9:40pm
where do you guys find your information on the price for an mcf of helium?
Comment by
mrfrankl on May 11, 2022 10:08pm
Mostly from interviews. $350usd/mcf for crude (~95% pure) a while back. Around 600 now. The highly refined stuff 99.999% (I might be wrong about that %) is what goes for thousands/mcf
Comment by
MiniTrader1 on May 11, 2022 10:14pm
They just spoke about it; $1000 for crude and $2000 for 99.99% is what market is paying.
Comment by
GoldenArm on May 12, 2022 2:38pm
Yeah those prices are going higher if Inflation keeps running at over 20%/yr. With Markets taking it in the wazoo plus erosion of money picking up speed, maybe Helium they could be selling at $1500 and $3000 respectively