Royal Helium has announced the successful start-up of its Steveville helium purification facility in Alberta.
The plant has been engineered to process 15,000 mcf/day of raw gas fed by two of Royal Helium’s helium wells. With this, the plant has an output capacity of around 22,000 mcf of 99.9999% helium per year.
Helium produced by the plant will meet the three-year purchase agreement that Royal Helium has made with two offtake partner agreements in the North American aerospace and space launch industries.
It is believed the the helium supplied under the contacts will have an average price of $538 per mcf. The facility at Steveville is said to have an ultra-low operating cost due to it being self-powered by fuel gas co-produced from the two helium wells.
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