RE:RE:This will take awhile before first sales. Good luck! Read this and tell me how you know 1 bcf is lost when the reserve is still producing to in kind customers.
Amarillo , Texas – The Bureau of Land Management today announced the process and timeline by which remaining helium and helium assets will be disposed of in order to meet the requirements of the Helium Stewardship Act of 2013. In accordance with that law, the BLM will no longer manage the Federal Helium System (including the Federal Helium Reserve) as of Sept. 30, 2021.
Any excess helium and helium assets remaining on that date will be transferred to the General Services Administration (GSA), which will follow its statutory disposal process. Federal In-Kind users will continue to have access to helium until September 30, 2022, while the GSA completes their disposal process. This will also allow the BLM to continue operations until such time as all privately owned helium is produced from the field (about 2023).