Good numbers Burningbird,
I was trying to answer in line, but the thread isn't letting me..
Here are a few more to break it down with, plus got some other workings . .
Keep in mind there is more to top the numbers.
Summary of CO2 Presence in Blue Star Helium Projects
Serenity Project: High-grade CO2 source with dedicated production facilities for beverage-grade CO2.
Galactica/Pegasus Project:
Integration of CO2 processing with helium production to maximise resource utilisation and revenue.
Details:
An ongoing evaluation will demonstrate the opportunity to process larger raw gas volumes through a CO2 plant prior to feeding helium-enriched gas into a helium processing plant.Considerable opportunity for sustainable production of food/beverage-grade CO2 along with high-grade helium.
State 16 Well: Significant CO2 content supporting the strategy of dual revenue streams from both CO2 and helium. (CO2 Content: Reported CO2 concentrations of approximately 70%.)
Key Data Points from the Announcement:
Production Facility Capacity:Initial production: 500 Mcf/d raw gas
Expected CO2 production: 20-25 tons per day
Market Price for CO2:Range: $200 - $600 per ton
Revenue Projections:Lower Range ($200 per ton)
aily Revenue: 20 tons/day×$200/ton=$4,000/day
Annual Revenue (assuming 365 days/year): $4,000/day×365 days=$1,460,000/year
For the higher daily production estimate: 25 tons/day×$200/ton=$5,000/day
$5,000/day×365 days=$1,825,000/year
Upper Range ($600 per ton)aily Revenue: 20 tons/day×$600/ton=$12,000/day
Annual Revenue: $12,000/day×365 days=$4,380,000/year
For the higher daily production estimate: 25 tons/day×$600/ton=$15,000/day
$15,000/day×365 days=$5,475,000/year
Summary of Revenue Projections:
Lower Estimate (20 tons/day):Minimum Revenue: $1,460,000/year (at $200/ton)
Maximum Revenue: $4,380,000/year (at $600/ton)
Higher Estimate (25 tons/day):
Minimum Revenue: $1,825,000/year (at $200/ton)
Maximum Revenue: $5,475,000/year (at $600/ton)
Considerations:
Product Quality: The actual revenue will depend on the quality and consistency of the CO2 produced, which could push the price towards the higher end of the range.
Supply Contracts: Long-term and reliable supply contracts might secure higher prices.
Regional Factors: The regional destination and specific market conditions could also affect the final prices.
Conclusion:
The Serenity CO2 project has the potential to generate significant revenue, with annual projections ranging from approximately $1.46 million to $5.475 million, depending on the market price and production levels. These figures underscore the economic viability of the project and its capacity to contribute positively to Blue Star Helium's financial performance.Blue Star Helium's Serenity CO2 project possesses substantial revenue-generating potential, with annual projections ranging from $1.46 million to $5.475 million. The precise figures are influenced by market price dynamics and production levels. These projections emphasize the project's economic viability and its capacity to make a positive contribution to Blue Star Helium's financial performance.
(20min delay)