This is ( Total Helium's ) N/R 5 minutes ago as a reference During the dewatering process, the helium and methane amount has been steadily increasing from a beginning rate of 20 Mcfpd to its current rate of 300 Mcfpd. As the reservoir continues to dewater, the rate is expected to significantly increase in line with Total Helium's initial expectations and reservoir modelling.
Log analysis shows a total pay thickness of 143 feet with good porosity and permeability. Gas analysis from the well shows 0.58% helium and 61.01% methane concentrations alongside 3.09 gallons per mcf of natural gas liquids present in the gas stream. The produced helium and methane are currently being sold at advantageous prices, $212/Mcf for helium and current spot prices of $5.00+/Mcf for methane and $1.30+/gallon for propane.