- In fiscal year (FY) 2015, the price for crude helium to Government users was $3.06 per cubic meter ($85.00 per thousand cubic feet) and to non-Government users was $3.75 per cubic meter ($104.00 per thousand cubic feet).
- The estimated price for private industry’s Grade-A helium was about $7.21 per cubic meter ($200 per thousand cubic feet), with some producers posting surcharges to this price.
Wellhead Content Projection & NZ 17-1 Test
*Chart illustrates helium value on a netback basis at various potential wellhead helium concentrations and realized helium prices.
*Chart does not take into account any capex, opex, processing fees, etc.
In May 2014, United Helium commissioned Wyoming Analytical Laboratories to conduct a gas analysis of the NZ 17-1 on the current leasehold. Tests identified a 9% helium show.