US120/mcf based on average 8% helium per this extract from BNL. What is the average operating cost to produce an mcf of gaseous helium now with average around 2% who knows plus adding CO2 production also might change it also given staffing costs could be used for both etc..
Also the IACX plant is only delivering out gasous helium I think see the slide of the potential plant layout where gaseous helium is produced. You need a liquid helium plant to produce the liquid helium needed by top end customers plus to maybe remove impurities of the maybe 98% from the IACX gaseous helium plant to try to get to the higher grades over 99%
To look in more detail
State 16 2.2% 208mcf/d = 4.6mcf/d
Jackson 31 2.2% 250mcf/d = 5.5mcf/d
Jackson 04 1.2% 190mcf/d = 2.3mcf/d
Jackson 29 3.3% 320mcf/d = 10.6mcf/d
Jackson 27 0.4% 320mcf/d = 1.3mcf/d
Jackson 02 - 1.2%, 250mcf/d = 3mcf/d
State 9 - 1.52% 360mcf/d = 5.5mcf/d
TOTAL = 32.8mcf/day of helium
Yearly = 32.8 x 365 = 11972mcf/year or 11.972mmcf/year
As per the US120/mcf operating cost that as you can see was based on helium output of 37.7mmcf/year.
BNL well output is 12.0mmcf/year when rounded up so about a third. So my guess is operating costs are quite higher than US120/mcf based on BNL wells here. Anyway it's a helium and co2 operation now so who knows the updated operating costs. But output of helium is obviously key.
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