Helix Exploration, the helium exploration and development company focused on the Montana Helium Fairway, will soon begin production at its flagship Rudyard project after resolving a minor technical issue that temporarily delayed production.
The company identified a problem with the Variable Speed Drive (VSD) during the final commissioning stages. The issue has now been fixed, with the VSD operating seamlessly.
Helix intends to provide a market update on its production milestone, alongside a broader operational review, during the week commencing 16 February 2026.
“Our team has worked tirelessly, and thanks to their dedication and expertise, we are now closer than ever to achieving a significant milestone – becoming the first helium producer in the state of the Montana,” said Bo Sears, Chief Executive Officer of Helix Exploration.
“The Board remains confident in the tremendous potential of the Rudyard project and is excited to take this important step towards production, creating value for our shareholders while contributing to the global helium market.”
Once production commences, the company plans to host several prospective offtake partners at the Rudyard site and says it will evaluate potential offtake arrangements to secure terms.
The Rudyard project is thought to be able to generate net revenue of $115 – $220 million over a 12.5 year life of field.