By: AGORACOM Staff
In a significant milestone for the helium industry, Royal Helium Ltd. announced the awarding of installation contracts for the state-of-the-art Steveville helium processing facility. Royal is well positioned to be a leading North American producer of this increasingly high value commodity.
With meticulous consideration, Vise Energy Services of Lacombe, Alberta has been chosen as the lead Mechanical contractor, while Medallion Energy Services of Grande Prairie, Alberta takes the helm as the lead Electrical and Instrumentation contractor. Their expertise and commitment to excellence align perfectly with Royal’s vision for the Steveville facility, ensuring a seamless and efficient installation process.
The groundwork is already underway, with Broersen Construction of Brooks, Alberta and DFI Piling of Edmonton, Alberta leading the lease construction and civil works, nearing completion. Rangeland Trucking and Cranes of Airdrie, AB are primed to deliver the 5 main process skids and 6 minor skids, solidifying Royal’s commitment to meeting project milestones.
Meanwhile, Campus Energy Partners of Calgary, Alberta have been entrusted with engineering, procurement, construction, and management for the midstream pipeline services. Impressive progress has already been made, with the completion of the “South Pipeline” and the near-finalization of the “North Pipeline,” marking a significant stride forward.
John Styles, Royal’s esteemed lead engineer, expressed his satisfaction, stating, “The Steveville Facility fabrication and construction project is on track to be completed and onstream in Q3 of this year. We, along with Obsidian Engineering, are thrilled with the coordinated effort and exceptional quality of the preparation and construction work on-site, a testament to our unwavering commitment to excellence.”
The Steveville plant, at the forefront of innovation, is designed to process a staggering 15,000,000 cubic feet per day of raw gas, sourced from the two 100% owned helium wells at Steveville, Alberta. With an impressive annual production capacity of 22,000 mcf of 99.999% pure helium, the plant will cater to the burgeoning demand for this critical resource.
Furthermore, the plant will generate ample fuel gas to power its own operations and produce up to 22,000,000 pounds of commercial CO2, unlocking a potentially significant secondary cash flow stream for Royal.
As an exploration, production, and infrastructure company, Royal Helium Ltd. controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. With the current global undersupply of this non-renewable resource, Royal is on the proverbial launchpad as the company already signed a supply agreement with a major space launch company.
Setting itself apart from other jurisdictions, Royal’s helium reservoirs are predominantly carried with nitrogen, a non-greenhouse gas. This environmentally friendly approach significantly reduces the greenhouse gas footprint compared to regions relying on natural gas production for helium extraction. By extracting helium from wells in Saskatchewan and Alberta, Royal is leading the way, offering up to 90% less carbon-intensive helium extraction processes.
Royal Helium’s commitment to innovation, sustainability, and responsible practices is paving the way for a brighter, greener future in the helium industry. With the Steveville helium processing facility on the brink of completion, Royal is poised to shape the future of helium production and emerge as a trailblazer in this ever-growing and valuable market.
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