Helium One Global Ltd said that wintry weather had delayed rig mobilisation until February at the Galactica-Pegasus helium project in Las Animas County, Colorado, USA.
FIRST GAS
Joint venture partner Blue Star Helium is laying gravel on the roads to the Jackson-31 and Jackson-4 wells for access during the cold, snow and thaw.
Mobilisation is expected for the week beginning 10 February for the first well Jackson-31 SENW 3054, followed by Jackson-4 L4 3154.
The drilling programme includes three additional approved wells, with the final drilling sequence confirmed after completion of Jackson-4.
Helium One added that work is continued on permitting and engineering for the Pinon Canyon processing plant. First gas production is anticipated during H1 2025.
The company holds a 50% working interest in Galactica-Pegasus.