top of page

Avanti Helium's Contingent Resource Increases by 22%

Avanti has an updated contingent resource estimate for the Sweetgrass Pool in Greater Knappen, Montana, which has increased by 22% to 221 mmcf of net recoverable helium in the mid-case. The total unrisked prospective for the Greater Knappen area was 1,152 mmcf. The company is working toward an on-stream production target of late 2023/early 2024. The resource estimate is based on data and test results from two wells, with potential for future drilling activity to materially impact the estimated volumes. The raw gas is estimated to contain 97.5% nitrogen, 1.1%-1.2% helium, 1.1% methane, 0.3% Co2, and trace amounts of other hydrocarbons.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Recent Posts

See All

EU Proposes First Sanctions on Russian Helium

The European Union has, for the first time, directly targeted Russia's gas sector by proposing sanctions on Russian LNG. Along with LNG, the package includes a recommended ban on helium imports — an a

Comments

Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page