US-based Blue Star Helium (Blue Star) has confirmed the discovery of high concentration air-free helium at its JXSN#4 well on its Galactica/Pegasus prospect in Las Animas Country, Colorado.
Having previously announced its successful drilling operation to a depth of 1,043 feet, encountering the upper and lower Lyons sands, Blue Star has received and analysed both log and flow data.
Following analysis of comingled (upper and lower Lyons) gas samples most representative of reservoir gas from two different analyses, the company revealed that air-free helium of 6.06% and 4.20% was discovered.
“We are delighted to have returned high-concentration helium from JXSN#4,” commented Trent Spry, Managing Director, CEO, Blue Star. “This is the fourth consecutive helium discovery on the Galactica/Pegasus field in the targeted Lyons formation.”
“These four successful discovery wells on Galactica/Pegasus provide the structural and stratigraphic control and high helium reservoir gas composition for the planned offsetting development wells which are well advanced.”
Both samples are considered high concentration and are higher than helium content in the previous three discoveries on Galactica/Pegasus.
Blue Helium’s three previous exploration wells drilled earlier this year at the site (JXSN#1, JXSN#2, and JXSN#3) discovered helium bearing gas columns of up to 230 feet containing up to 3.14% helium.
According to Spry, the results of JXSN#4 will be integrated into current resource update process for Galactic/Pegasus, which is expected to culminate in the declaration of contingent resources for this field.
