Helix Exploration, the helium company advancing the Rudyard Helium Project in northern Montana, has begun re-entry operations at its Inez #1 well, aiming to bring it into production from the Souris River interval.
The work follows an earlier setback when downhole equipment became lodged in the wellbore, and the firm is setting about ‘fishing’ it out.
If this ‘fishing’ exercise is successful, Helix will weigh the option of coring a hydrogen-bearing interval in the well, a potentially high-value data opportunity given interest from the Chimaera Fund and the United States Air Force in natural hydrogen data from the Montana Helium Fairway.
If unsuccessful, the company will move directly to re-perforating the Souris River and bringing the well on stream.
Helix said it now has operations active across multiple wells and an offtake arrangement covering 100 per cent of deliverable volumes. The company began production at Rudyard in February and recently announced a sales agreement for offtake.
Bo Sears, Chief Executive Officer of Helix Exploration, said: “I am pleased to announce that operations have commenced. The rig is on site, and we have re-entered the well over the weekend, as planned following announcement of our offtake arrangement to the market. We will perforate the Souris River interval in the coming days and look forward to evaluating its potential. Production is our objective – and what we will deliver as we continue to grow our asset base and strengthen our offtake arrangements.”