The helium exploration firm today (17th May) confirmed its findings as part of an update of the progress of its helium exploration activities that also highlighted flow rates that are consistent with data reported from the historic Model Dome field.
Further to this, Blue Star Helium has said it has appointed independent geological consultant Sproule to upgrade the Galactica/Pegasus resource estimates, with a declaration of at least contingent resources expected.
Already, a further 29 helium well for Galactica/Pegasus are in various stages of the permitting pipeline.
Trent Spry, Managing Director and CEO of Blue Star Helium, said, “Our initial exploratory water well programme at our Galactica/Pegasus prospects has been very successful with helium being discovered in each of the three wells drilled.
“The gas columns in each of the wells, including JXSN#3, which is located outside the Galactica P50 prospective resource contour, are larger than expected and show that the Lyons formation is helium bearing across a large part of the Galactica/Pegasus area where Blue Star has a dominant acreage coverage.”
“Identifying helium bearing gas reservoirs with 3% helium is a high-concentration result. It is well within the range of helium grades we can expect within the vast Lyons helium play fairway in Las Animas which spans some 4,000 square miles.”
“This concentration is also similar to many producing or historically producing US helium accumulations such as Ladder Creek, Concho Dome, Shirley Rother and the Keys field in Hugoton.”
As gasworld reported last week (10th May), Blue Star Helium is fast-tracking plans Voyager, following the ‘breakthrough’ success of its exploratory water well returning a 134ft gas column in the Lyons formation with a calculated air-free helium concentration of 8.8%.