top of page

New Era Begins Construction of its Pecos Slope Plant in New Mexico

New Era Helium hired Arjae to construct its Pecos Slope Plant in New Mexico to process its gas from the Pecos Slope Field, where helium concentration range from 0.17% to 1.5% with an average of 0.5%. The plant is expected to produce 32mmcf/year of gaseous helium and commence operations on June 1, 2024. The plant will also produce 16mmcf/d of methane and 1kbbl/d of NGLs. New Era has also completed a successful RFQ process and anticipates securing a 10-year helium sales agreement with major global industrial gas and foreign Tier 2 gas companies. The Company has over 772 proved, probable, and possible drilling locations on its approximate 137,000 gross acres.

Want to read more?

Subscribe to to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Avanti Helium closed a C$1.2mm private placement for its Helium Recovery Plant (HRU) in Montana. The placement consists of 3mm units priced at C$0.40/unit, each comprising of one common share and one

bottom of page