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Bullboard - Stock Discussion Forum Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  DMEHF | V.DME.WT

Desert Mountain Energy Corp. is a Canada-based resource company primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its... see more

TSXV:DME - Post Discussion

Desert Mountain Energy Corp > 2.8% helium is a fine concentration number
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Post by Margin321 on Dec 14, 2022 12:27am

2.8% helium is a fine concentration number

BUT we have no indication of the rate of raw gas at which the well will produce.  2.5% of a lot of gas is a lot of helium with good economics,  2.8% of a littlegas  is a litte helium with more questionable economics.

In the past they gave flow rates of tested zones.  It is kind of meaningless without that.
Comment by tylerod1 on Dec 14, 2022 8:57am
A poster on another site made a good point, flow rate on this well at least out of the gate is irrelevant because it will be trucked in intermittently.   Relevant though wnen calculating reserve reports later on. 
Comment by deercreekguy on Dec 14, 2022 8:08pm
I know I am showingg my innorance, but I simply do not understand wat waas ment in the lastnews release that the gas would be "metered" and then shipped to the processing center.  Can someone tell me what this metering entails?  Regards to the very longs like we are.  
Comment by ScaleofSale on Dec 15, 2022 1:16pm
Metering is required as far as I am aware, not an expert but it must be done at the well head. It will likely be necessary at other points in their extraction system/plant. Primarily it is for flow. I interchange metering with measuring, or that's how I make sense of it. Coles notes as I'm more aware of the crude process than Helium.
Comment by Margin321 on Dec 15, 2022 3:04pm
Metering and other well head measurements will not affect production or sales. it is the only way to assign the production to a specific well so they can monitor production but also flow rates, pressure stabilty, economic return of the well. Also once you load helium into a truck to transfer to the plant, there is leakage that occurs. I don't even know why they talked about this in the press ...more  
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