Helix to start drilling Linda well in April and expects helium production this summer

  • Gas
  • March 12, 2025

Helix Exploration, the helium exploration and development company with sites in Montana in the US, is to start drilling at Linda #1 production well in April and targeting first production at its Rudyard site this summer.

CEO Bo Sears said acquiring the production-ready well had saved the company over $1m.

“Our approach is simple: build scale efficiently, develop resources strategically, and deliver near-term cash flow,” he said. “Rudyard is proving to be a high-quality helium asset and, with each step forward, we are strengthening our position in what we believe is one of the most promising new helium districts in North America.”

The company said it has signed a drilling contract with Treasure State Drilling for the Linda #1 well, in order to spud next month.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

   

  • Related Posts

    • Gas
    • October 9, 2026
    Lessons from Covid: Achieving resilience in medical oxygen supply

    By 31 min ago 3 min read Medical oxygen reliability is significant when usual healthcare infrastructure becomes limited or unavailable, raising the question of how to build resilience within the…

    • Gas
    • October 9, 2026
    US DOW awards conditional $1.5bn loan to bandgap semiconductor firm

    By 36 min ago 2 min read US silicon carbide (SiC) firm Wolfspeed has secured a conditional loan commitment of up to $1.5bn from the US Department of War (DOW)…

    Have You Seen?

    IEA Members Support Oil Stock Release Acceleration

    • October 10, 2026
    IEA Members Support Oil Stock Release Acceleration

    ACEN Secures €50 Million Loan To Expand Renewable Energy Portfolio

    • October 10, 2026
    ACEN Secures €50 Million Loan To Expand Renewable Energy Portfolio

    Clean Max To Acquire 100% Stake In Thailand’s Massmunch Company For THB 1.25 Million

    • October 10, 2026
    Clean Max To Acquire 100% Stake In Thailand’s Massmunch Company For THB 1.25 Million

    ESCOM Opens Tender For 20 MW/40 MWh Grid-Forming Battery Storage Project In Malawi

    • October 10, 2026
    ESCOM Opens Tender For 20 MW/40 MWh Grid-Forming Battery Storage Project In Malawi

    Offshore Wind And Ocean Energy Offer Small Island Nations A Path To Energy Security – IRENA

    • October 10, 2026
    Offshore Wind And Ocean Energy Offer Small Island Nations A Path To Energy Security – IRENA

    SECI Floats Tender for 120 MW Solar Project with 60 MW/240 MWh Battery Storage in Bihar’s Aurangabad District

    • October 10, 2026
    SECI Floats Tender for 120 MW Solar Project with 60 MW/240 MWh Battery Storage in Bihar’s Aurangabad District

    Crude Oil is Underpriced, Energy Aspects Says

    • October 9, 2026
    Crude Oil is Underpriced, Energy Aspects Says

    Petronas to Raise Malaysia Dividend 19% to $7.8 Billion for 2027

    • October 9, 2026
    Petronas to Raise Malaysia Dividend 19% to $7.8 Billion for 2027

    129 Gulf Platforms Evacuated as Isaias Gets Stronger

    • October 9, 2026
    129 Gulf Platforms Evacuated as Isaias Gets Stronger

    Lessons from Covid: Achieving resilience in medical oxygen supply

    • October 9, 2026
    Lessons from Covid: Achieving resilience in medical oxygen supply