New Era Helium Receives Approval for Approximately 120 Miles of Rights-of-Way to Support Midstream Business Unit and Responsibly Sourced Gas Initiatives within the Pecos Slope, Permian Basin
NEH is advancing plans to replace the aging gathering infrastructure originally installed in the early 1980s, which currently poses significant inefficiencies and environmental concerns. The legacy system, owned and operated by a third party, experiences approximately
With this new infrastructure, NEH Midstream LLC, New Era Helium’s wholly owned subsidiary, aims to minimize methane emissions, positioning its production for RSG certification and enhancing the value of its helium as RSH™, a designation trademarked by the Company. Since
NEH has been granted an initial six-month window by the BLM to temporarily shut in its wells during the installation of the new gathering system, should it elect to utilize this option. The Company is also working closely with the New Mexico State Land Office to ensure alignment with regulatory standards. Expected regulatory updates within the next 90 days could further streamline pipeline installations, potentially reducing project costs and timelines.
In parallel, NEH is finalizing design optimizations with its plant manufacturer, Arjae Design Solutions, focusing on enhancing helium purity at the plant's tailgate. The Company remains committed to begin helium sales in late Q4 2025, pending timely construction progress. Additional updates will be provided in the coming weeks.
E. Will Gray II, CEO of New Era Helium, Inc., commented: "Reducing fugitive methane emissions is critical to our environmental stewardship goals and supports our broader mission to deliver responsibly sourced products. Methane has a significantly higher global warming potential than CO₂ and modernizing the Pecos Slope Field’s infrastructure will not only improve operational efficiency but also greatly reduce the region’s carbon footprint, located within southeastern
About New Era Helium, Inc.
New Era Helium, Inc. is an exploration and production company that sources helium produced in association with the production of natural gas reserves in
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Source: New Era Helium, Inc.