Business
Flow Testing Update for Linda #1 and Weil #1
Flow Testing Update for Linda #1 and Weil #1.
About this update from Helix Exploration Plc
[{"type":"text","content":"\n\n07 May 2025\n \nHelix Exploration PLC\n(\"Helix Exploration\" or \"Helix\" or the \"Company\")\nMobilisation of Flow Testing Equipment to Linda #1 and Weil #1\nHelix Exploration, the helium exploration and development company with near-term production assets within the 'Montana Helium Fairway', is pleased to provide an update on flow testing scheduled for Linda #1 and Weil #1 within the Company's Rudyard Project.\nHighlights:\n· Mobilisation of work-over rig and testing equipment to commence this week\n· Testing will commence with perforation at Weil #1 well testing combined flow from helium bearing Souris and Red River formation\n· Work-over rig will then move to Linda #1 well to test helium bearing horizons\n· Testing is expected to take approximately ten days on each well with results to be announced from each well separately once helium assays have been received\nBo Sears, CEO of Helix Exploration, commented:\n\"The imminent testing of two promising helium zones at Linda #1 and combined flow potential from the same zones in Weil #1 are key milestones towards our goal of being a leading onshore US helium producer.\"\n\"The encouraging oil shows encountered in the Duperow Formation have not gone unnoticed. While not the current focus, the scale and quality of these shows is exciting, and we intend to examine them more closely in future wells. This is a large, underexplored field, and we believe the Rudyard Project has potential beyond helium.\"\nBackground to flow testing\nHelix Exploration is commencing the mobilisation of a work-over rig and flow testing equipment to Weil #1 and Linda #1 wells. The unit will be used to perforate and test two helium-bearing formations identified during drilling, in alignment with the Company's core strategy to advance near-term helium production.\nThe Company will commence testing operations at Weil #1 well. Weil #1 has previously been tested at 0.9% - 1.1% helium with good flow rates from separate perforations in the Souris and Red River formations. Helix plans to re-enter the Weil #1 well and create a single perforation to test both formations simultaneously, including any pay in potential fracture porosity between the two reservoirs. It is anticipated that this completion will produce higher ...