US Energy to Finalize Long-term Helium Offtake Agreement in Q1 2026
US Energy is in talks with a global industrial gas company to finalize a helium offtake agreement by Q1 2026, predicting annual production of 12 million cubic feet of helium and 125,000 metric tonnes of refined CO2 at its Kevin Dome project in Montana. The company has completed final engineering designs and aims to establish an integrated industrial gas and carbon management hub. The project is estimated to rank among the top 20 carbon capture projects in the US.
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US Energy is negotiating a long-term helium offtake agreement with a global industrial gas company, expected to be finalized in Q1 2026. The Kevin Dome project in Montana is forecasted to produce 12 million cubic feet of helium and 125,000 metric tonnes of refined CO2 annually.
The company has completed final engineering and is developing a vertically integrated industrial gas and carbon management hub. The helium resource is estimated at 2.3 bcf, with the project anticipated to rank in the top 20 for carbon capture in the US.
Currently, three industrial gas wells are operational, supporting the initial processing facility. CO2 captured from processing may qualify for Section 45Q tax incentives.
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