Highlights:
- Mobilisation Begins: Precision Drilling Rig 704 is set to begin operations for re-entry of the Clink-1 well at the Ingomar Dome helium project.
- Testing Helium and Hydrogen: The programme will focus on testing helium and hydrogen 'shows' in the Amsden, Charles, and Flathead formations.
- Potential for Deeper Drilling: Depending on initial testing results, HeLIX may deepen the well to explore further resource potential.
HeLIX Exploration PLC (LSE:HEX) announced that preparations are underway for the re-entry of its Clink-1 well at the Ingomar Dome helium project in Montana. The move marks a key development as the company progresses towards further exploration and potential production in this promising area.
Mobilisation and Initial Operations
Precision Drilling Rig 704 has commenced mobilisation and is expected to complete rig-up operations shortly. Once completed, the rig will focus on addressing the problematic Mowry shale through a process known as ‘casing over.’ This critical step is necessary to secure the well and allow HeLIX to explore the deeper formations where helium and hydrogen have previously been detected.
Focus on Testing Helium and Hydrogen Shows
The re-entry programme will concentrate on conducting wireline and flow tests of the helium and hydrogen 'shows' identified in earlier evaluations. These formations include the Amsden, Charles, and Flathead formations, which have exhibited potential for both helium and hydrogen extraction. The company’s focus on testing these formations highlights its strategic commitment to exploring this vital resource, particularly at a time when helium is becoming increasingly valuable due to its industrial applications.
Potential for Well Deepening
HeLIX Exploration has also indicated that it may deepen the Clink-1 well beyond its current depth, depending on the results of the initial testing. This decision will be based on the data gathered during the wireline and flow testing phases, which will inform the company’s next steps in developing the Ingomar Dome helium project.