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Highlights
Helium One Global confirms presence of free gas at Jackson-2 well within the Galactica project
Gas-saturated sandstone zone observed with favourable porosity and no water presence
Project development includes installation of processing equipment and further drilling
Helium One Global Ltd operates in the helium exploration and extraction sector, a niche yet critical area supporting industries such as semiconductors, healthcare, and aerospace. The company’s activities contribute to global interest in helium, which is increasingly in demand due to its scarcity and functional properties. Based on its listing under the (LSE:HE1), the company is being observed within the frameworks of indexes like the FTSE 100 live as investors monitor resource-oriented firms focused on energy alternatives.
Discovery of Free Gas at Jackson-2 Well
Helium One Global has confirmed free gas at its Jackson-2 well, a part of the Galactica project in Colorado. This was discovered after drilling reached total depth, where natural gas flow occurred both during drilling and upon completion. The result marks a notable development within the project’s ongoing evaluation phase and adds to the broader understanding of the site's geological structure.
Reservoir Properties and Gas Composition
Drilling at Jackson-2 uncovered gas-bearing sandstone within the Upper Lyons Sandstone Formation. The reservoir zone displayed significant porosity, enhancing its capacity to facilitate gas movement. Additionally, the absence of water during the drilling process signals a dry reservoir environment, which may improve the quality of helium gas collected. Sampled gases are undergoing laboratory evaluation to determine the helium and carbon dioxide composition.
Ongoing Well Head Installation and Testing
To support detailed technical assessments, a well head is currently being installed. This infrastructure will enable pressure testing and controlled gas sampling, which are vital for accurately characterising the reservoir. These steps are essential before moving into broader development phases and will provide additional insights into reservoir pressure and sustainability.
Project Campaign and Final Drilling Preparations
Helium One Global, through its structured campaign, is progressing toward the completion of the sixth and final well in the series. The next well, known as State-9, is expected to continue expanding the geological understanding of the Galactica project area. The drilling schedule reflects a steady approach to validating and quantifying the site’s helium-bearing zones.
Partnership with Blue Star Helium
The Galactica project is being executed in collaboration with Blue Star Helium, which serves as the operator. This partnership aligns operational planning, including the integration of new wells into broader infrastructure and processing systems. The installation of on-site gas processing facilities will further enhance the capability to manage and process extracted gases efficiently.
Infrastructure Planning and Sector Context
As Blue Star Helium manages the development of infrastructure associated with the Galactica site, focus remains on aligning current outputs with future scalability. The helium sector has seen increased attention due to its relevance in advanced technologies and reduced availability from traditional sources. Developments such as these position helium producers within broader commodity and resource discussions, including platforms observing market trends like FTSE 100 live.
