Nick Tulk, the CEO of Voyager Life. The discussion focuses on the company’s progress at its Fort Dodge helium project in Kansas, where they have begun pre-production.
Voyager Life PLC announced that preparations to bring the Rost 1-26 well, owned by M3 Helium Corp. (“M3 Helium”), into production are now well advanced. Sales of helium from that well are expected to commence by the end of September 2024 – one of the few companies producing and selling directly to the U.S. market.
- Voyager Life has started pre-production at its Fort Dodge flagship helium project in Kansas, with PSA equipment installed and power soon to be connected, allowing production to begin by the end of September.
- The on-site PSA system will purify helium up to 20-50%, making it economically viable for transportation, with options to truck the product to a processing facility.
- Voyager are exploring partnerships and synergies with companies like Scout, providing multiple options for processing and selling the helium.
The Rost 1-26 well, located in M3 Helium’s Fort Dodge prospect, was tested by Shamrock Gas Analysis, Inc. and contained a gas composition of 5.1% helium in July 2024. Thurmond-McGlothlin, LLC, an independent professional firm, also tested a well pressure at 302.7 psi in July 2024 while taking the samples.
These tests follow on from a flow rate that was measured at 47,100 cubic feet per day (47.1 Mcfd), with this result being achieved even though brine levels were 1,058 feet over the perforations.
Key Points:
- Pre-Production Start: Voyager Life has started pre-production at the Rost well. PSA (Pressure Swing Adsorption) equipment for purifying helium is already installed, and power connections are being set up, aiming for production to begin by the end of September.
- Purification Process: The PSA system will purify helium extracted from the well to a concentration of 20-50%, making it economically viable for transportation. Helium will be trucked to a processing facility due to the location constraints.
- Partnerships and Flexibility: Voyager Life is exploring potential partnerships and synergies with other companies, such as Scout, to have multiple processing and selling options for the helium.
