report from the National Research Council finds that selling off the reserves has adversely affected critical users of helium and recommends that the federal government reconsider whether selling the reserves is still in the nation’s best interest.
For the past few years, Enhanced Oil Resources has been carrying out a large exploration program for helium and CO2 in the St. Johns area of eastern Arizona. The NRC report projects reserves of 14 billion cubic feet (bcf) of helium in this play. [right, helium resources in the western US. Credit, NRC report]
Selling the Nation's Helium Reserve, National Academy Press, 2010, 128p.