NEH Midstream Signs Agreements for Bulk Liquid Helium Production

NEH Midstream, a subsidiary of New Era Helium, finalised agreements to produce bulk liquid helium from its Pecos Slope Helium Plant. The Pecos Slope Plant, located near Roswell, New Mexico, is expected to produce 2.7mmcf/month of high-purity crude helium, starting June 1, 2024. NEH signed a Helium Tolling Agreement with Keyes Helium Company for purification and liquefaction. Additionally, a contract for sale and purchase of crude Helium with Badger Midstream Energy will enable NEH to buy 400-700mcf/month of crude helium, initiating bulk liquid helium sales in early Q2'24.

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