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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  RHCCF | V.RHC.WT.A | V.RHC.WT.B

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Comment by MrSmartypantson Feb 10, 2021 6:25pm
201 Views
Post# 32532725

RE:RE:hole 1

RE:RE:hole 1
IIrc correctly the deadwood is below the hydrocarbon zones...so casing the well would be a regulatory requirement and would have been budgeted into AFE. I don't know whether they would have drilled monobore to target after running surface casing, or ran an intermediate casing string first. Regardless they may have been able to get some idea of He content via gas cromat analysis while drilling , but i suspect such a trace gas cannot be delineated accurately without proper production work, production string packers and flow testing.
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