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The helium is stored at the Cliffside Storage Facility about 12 miles (19 km) northwest of Amarillo, Texas, in a natural geologic gas storage formation, the Bush Dome [2] reservoir. The reserve was established with the enactment of the Helium Act of 1925.
The Federal Helium Reserve was supposed to be sold off in 2021. Scientists hope it will remain in government hands. ... The value of the reserve, Hayes said, also extends to the unique and natural ...
All commercial production of helium comes from natural gas.There are two basic types of commercial helium deposits: natural gas produced primarily for the hydrocarbon content, typically containing less than 3 percent helium; and gas with little or no hydrocarbons, produced solely for the helium, which typically makes up between 5 and 10 percent of the gas.
[1] [3] [2] The amount of stored helium was very small before 1962 and the amount of available helium was essentially determined by the production of natural gas, from which it is separated as a side product, rather than by market forces. [2] [4] This situation changed in the early 1960s with the creation of the United States National Helium ...
In late February, the Canada-based Pulsar Helium announced that it found a reserve of the gas at its Minnesota “Topaz” site in excess of 12.4 percent, an estimate that was revised a few weeks ...
A global helium shortage has doctors worried about one of the natural gas’s most ... where a Texas-based federal helium reserve is dwindling as the government tries transferring ownership to ...
The oil and gas reservoir was the primary helium source for the United States during the 1910s and at the commencement of World War I. By 1921, the North Texas natural gas field was estimated as near gas depletion exceeding the Petrolia helium reserves-to-production ratio yields. [3]
A tiny Canadian company is hoping Minnesota's Iron Range could be the next source of a globally sought-after element: helium. Far from simply giving lift to balloons, this noble gas has become an ...