More on Helium
Lack of Helium-3 Sounding Alarms A crucial shortage in the world’s supply of helium-3 could alter the use of an important tool for the oil and gas industry.
And that’s just one problem. The rare helium isotope also is used in applications ranging from cryogenic studies to lung imaging in medicine...
"How bad is the shortage?
The U.S. Department of Energy reportedly has less than a one-year supply. Russia, another helium-3 seller, has essentially stopped exporting it.
While natural gas recently sold for under $4 per thousand cubic feet at the wellhead, and the U.S. Bureau of Land Management raised helium gas prices to $75 per thousand cubic feet, helium-3 now typically sells for at least $500 per liter."
4 comments:
EOR could be good way to benefit upcoming He shortage.
What other companies have big reserves of He?
I recently came across a mining company that had a interesting He-prospect, but can't remember the name of the co.
The He grading or cut at the St John's deposit is fairly low (IIRC 0.7%), but it is suppose to be commercial already and if the prices rise it'll certainly be. Don't know how large portion if any of the helium there is He-3.
If i remember correctly Valeura (formerly Pan Western) could have some He prospects.
Sory, the last mentioned company was wrong company, not C & C, I mean... must be because of the "night of ghosts".
Enhanced Oil Resources, if, I remember right...
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