3/3/2022

Helium company Desert Mountain Energy has announced that they have completed the drilling of well #6 for helium in the MacCauley helium field, located in Arizona. The exploration company said on Wednesday (2nd March) that the well encountered multiple zones where helium was shown to be present on the mass spectrometer. Robert Rohlfing, CEO of Desert Mountain Energy, said, "Our drilling and geological teams continue to display and improve on their innovative concepts and put them into real-world application." He added that this latest discovery would help bolster the company's goal of becoming a leading supplier of helium.

2/27/2022

As the world watches Russia invade Ukraine, one industry is keeping a close eye on the situation – the helium business. You see, Russia is one of the major suppliers of helium, and with its invasion of Ukraine, imposed sanctions against the Russian economy there is concern that it may cut off exports to Western countries. This would have a significant impact on the global helium market, as prices would likely go up and availability would decrease.  So far, Russia has not made any indication that it plans to stop selling helium to the West. But given the current climate, businesses in the helium industry are keeping a close watch on what happens next.

2/25/2022

With helium supply tightening in the US, key businesses that rely on consistent production and distribution are beginning to feel an impact. The Compressed Gas Association (CGA)On Thursday, February 24th, announced how these markets struggle due to outages at BLM’s crude helium enrichment unit, along with other factors contributing heavily to this issue. Semiconductor manufacturers have been negatively impacted by lost revenue because they cannot use their existing inventory for sale or manufacturing purposes without fear it will be compromised due to lack availability; MRI machine operators also report decreased patient comfort levels when using certain types of imaging technologies requiring high magnetic fields which require a calm environment

2/1/2022

When the helium markets tightened up during the second half of 2021 due primarily to a four-month maintenance outage on US Bureau Land Management’s (BLM) crude He orbiter unit, many industry experts expected that Gazprom's Amur project would begin pumping large quantities into the market by fourth quarter 2022 only. This predicted shortage seemed imminent just two months ago, but now it looks like things could be shifting quickly in favor of increased supply as soon as next year!

1/10/2022

The news about the explosion and fire at Gazprom’s Amur natural gas processing facility on 5th January has raised many questions. One of these is how long it will take for helium production to resume and what impact this may have in shaping our future market dynamics? The new information emerging from Russian media sources indicate that while some parts of their country are enjoying an era where they can now produce more than ever before, mainly due to two 700 MMCF per year tranches coming online soon after 2022-2023 winter season ends; other sectors suchоrе already experiencing tight supply conditions which could lead us back into another bout those shortages we saw earlier.