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Red Rocks Helium Production Augurs Well for Blue Star

We have analysed the Colorado state production data for the Red Rocks development from private company Desert Eagle Operating. The development is in Las Animas county, on acreage surrounded by Blue Star Helium. Production commenced in February 2023 from a couple of wells and since then a further well has been added in October. Production rates had been fairly constant from the existing wells at ~400-500 mcf/d of raw gas with a high helium concentration of ~6%. The latest well, based on only 8 days of production data, has added a further 200 mcf/d of production. This has led to >40mcf/d of helium production or ~15mmcf on an annualised basis.


Red Rocks wells helium production (mcf/d)


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