An opportunity in West Kansas presents 13,500 acres with wells currently producing 586mcf/d of gas and making ~$55k/month. With current helium prices, the wells' strategic location offers significant upside potential. The acreage holds PDP reserves, of 2.2 bcf of gas, containing up to 1.23% helium, along with other gases such as ethane, propane, and methane, with additional exploration possibilities. A total of 33 wells are in operation, and the project boasts substantial proven and undeveloped reserves, making it a compelling investment in the helium market.
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