About US1m/yr at US500/mcf for the helium and about US300k/yr for the CO2 at US4/mcf.
You'd need 7 wells to reach raw gas input of 2mmcf/d =2000mcf/day at 285mcf/day if the average across more wells.
At 8% operating costs are US120/mcf ? So if at about 2% only a quarter of the helium produced so are costs quadrupled to US480/mcf ?
Output is only gaseous helium so a good price is maybe US500/mcf + but potential for higher prices if for instance the helium can be liquefied into liquid helium at any nearby helium plants with that capability or all spot sales for the gaseous helium..
So helium at US500/mcf that's maybe borderline if costs are like US480/mcf for the helium at 2% so important BNL can do the economics and clearly show healthy margins by having the helium gas liquefied elsewhere etc.. ? Sign an offtake well above US500/mcf etc.. ?
Not sure also if added costs to extract the CO2.![]()
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