A helium reservoir in northern Minnesota is likely to be “expansive both laterally and at depth,” a new survey shows.

Seismic data from a 0.7-mile-long (1.1 kilometers) sweep just outside of Babbitt suggest the recently discovered reservoir is larger than initial estimates indicated, which has resource exploration company Pulsar Helium and its potential clients jumping for joy.

Recent tests also revealed helium concentrations underground are even higher than the “mind-boggling” results obtained in March, firmly establishing the project in Minnesota as a major player in the global helium market.

  • CameronDev
    link
    fedilink
    English
    arrow-up
    16
    ·
    4 months ago

    “Looks like party balloons are back on the menu”