re: Ann: Encouraging Gas Flow Recorded at Mt ... Allyoops,The...

re: Ann: Encouraging Gas Flow Recorded at Mt ... Allyoops,

The price of Helium is about 20-30 times of dry gas depending on which price is used. But, at 6% HE, what ever flow rates you get you can at least double it when the price of helium is taken into account.

So assuming they can get a horizontal well to flow at 3mmcfd, the 6% helium flows at 180 Mcfd. At 20 times the price of dry gas you get an equivalent of dry gas flowing at 3.6mmcfd. Add it up and you essentially get the equivalent of dry gas flowing at 6mmcfd+.

Hope it helps.