New Era Helium Co-Founder & CEO E. Will Gray II will be speaking at Gasworld's 2024 Helium Super Summit in Houston this fall! Register for the Summit to see Mr. Gray speak here: https://loom.ly/iSANZAs #NEH #PecosSlope #helium #naturalgas
About us
New Era Helium, Inc. (Nasdaq:NEHC) is a helium exploration and production company that sources helium obtained from natural gas reserves in the Permian Basin. The Company currently owns and operates over 137,000 acres in Southeast New Mexico and has over 1.5 billion cubic feet of proved and probable helium reserves. Established in 2023, we operate over 215,000 acres in New Mexico and have over 2BCF of helium reserves. Our goal is to capture 1% of North American helium production and become a major consolidator for distribution across the continent. However, unfettered access to established and proven helium resources and earth-friendly production is only part of New Era Helium Corp's strategy. We will further differentiate from the competition by offering revenue diversification through Methane Performance Certificates (MPCs) from responsibly sourced gas and NGLs, as well as energy transition opportunities via the creation of net-zero power (as recently demonstrated by the Rice Acquisition Corp II's merger with Net Zero power valued at $1.4B). The construction of our own natural gas processing plant which will process gas produced from the Pecos Slope Field, is underway. The Pecos Slope Plant will be located approximately 20 miles north of Roswell, New Mexico will produce approximately 2.7 million standard cubic feet (MMscf) of gaseous helium per month or an estimated 32 MMscf per year. The Pecos Slope Plant is expected to commence operations in Q4 2024. It will also produce 477,000 MCF per month of methane and 32,545 bbls per month of natural gas liquids. The estimates for the various products produced in the Pecos Slope Plant were developed by Arjae Design Solutions based on Pecos Slope Field Gas Composition samples. A helium sampling audit performed on 303 company-owned wells measured helium concentration levels ranging from 0.167 to 1.513 MOL%. The average helium concentration level was 0.486 MOL%.
- Website
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https://www.newerahelium.com/
External link for New Era Helium (Nasdaq:NEHC)
- Industry
- Natural Gas Extraction
- Company size
- 2-10 employees
- Type
- Public Company
Employees at New Era Helium (Nasdaq:NEHC)
Updates
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📢 New Era Helium (Nasdaq:NEHC) CEO E. Will Gray II is attending the 37th Annual Roth Conference from March 16th to the 18th! The event is a great opportunity to connect with peers and investors alike, discussing #NEHC's unique position at the intersection of #helium, natural gas, and #AI. Catch him there! #OilAndGas #DataCenter #NewEraHelium
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New Era Helium (Nasdaq:NEHC) reposted this
New Era Helium shifts focus to AI power needs with integrated energy strategy @NewEraHelium #NASDAQ #NEHC http://ow.ly/nRJ010628nl
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As the world recognizes helium’s critical role in #AI and #datacenters , New Era Helium (Nasdaq:NEHC) stands at the forefront of this new gold rush. With our strategic initiatives in leveraging natural gas to enable behind-the-meter power, we’re uniquely positioned to lead the market and meet the growing demand for #helium. #NEHC #NaturalGas #ElectricPower
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New Era Helium (Nasdaq:NEHC) reposted this
Sharon AI, a US-based high-performance computing company, and New Era Helium, a New Mexico-headquartered energy infrastructure firm, have signed a letter of intent to acquire a 200-acre site in Ector County, Texas, for a 250... #gasworldUS #industrialgas
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New Era Helium (Nasdaq:NEHC) reposted this
Permian E&P Goes All in on AI You might say Will Gray II kicked off 2025 on a high note. A really high note. The co-founder and CEO of New Era Helium rang the Nasdaq opening bell on January 2 to all the fanfare that moment generates when you also become one of the first helium-focused companies to land a listing on a major U.S. exchange. Reese Energy Consulting today is following the latest news from Midland, Texas-based New Era Helium, which operates more than 137,000 acres in the Permian’s Pecos Slope gas field in Southeast N.M. with 1.5 BCF of proved and probable helium reserves. And that’s where the story gets interesting. For the uninitiated, demand for helium is huge; it’s also highly valuable. The U.S. produces 43% of the world’s supply of helium to manufacture MRI magnets, semi-conductor chips, fiber optics, and microscopes. But with the advent of AI, a whole new market has been born that’s now taking top billing for helium hunger. That would be the production of artificial intelligence chips. And Will Gray has leapt on the opportunities his Permian assets bring to the furious data center buildout. In short order, the company made a bold decision to redirect its gas and helium production with a behind-the-meter strategy to support power generation for AI data centers. After finalizing a 50/50 JV with New York-based Sharon AI, New Era Helium will build its first 250 MW net-zero energy data center in the Permian Basin in addition to a processing plant and a gas-fired power plant. What do you think? Learn more about REC and our natural gas consulting services for AI data center operators at https://lnkd.in/ebXT2mS. For information about our expanding online natural gas training courses, visit us at https://lnkd.in/g_jDyx_Y. #naturalgas #AI #datacenters #production #power #reeseenergyconsulting
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🚀 New Era Helium: Powering the Future of AI with Helium & Natural Gas As #AI accelerates, #Helium and #NaturalGas are playing a crucial role in enabling advanced computing infrastructure. New Era Helium (Nasdaq:NEHC) remains on track to meet certain key production milestones and is currently reviewing an integrated energy strategy that will allow itself to further solidify its position across the AI Spectrum. 🧠 Helium: Integral part of AI Ecosystem 🔹 Essential for #semiconductor chip manufacturing, quantum computing, and GPU cooling 🔹 Recognized as a critical raw material by the U.S., EU, and Canada 🔹 Domestic demand seen rising as the U.S. looks to reshore semiconductor manufactureing "We are at a pivotal moment in New Era Helium’s growth, where our vision for next-generation energy solutions is becoming a reality," said CEO E. Will Gray II, adding, adding, "Instead of simply selling our natural gas into the pipeline, we are planning on maximizing its value by creating behind-the-meter power to fuel the AI-driven economy." Read the release: [link] #AI #Energy #DataCenters #Semiconductors
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Extracting #helium requires more than just drilling - it’s a highly technical process that demands precision and expertise. Learn more about the process:
COO at Hotspur Helium & Red Rose Resources | Advancing critical helium and geothermal solutions for sustainable global energy | Passionate about endurance sports and pushing boundaries
Helium extraction isn’t as simple as drilling and capturing, it’s a precise science. In this video, I break down what really matters in identifying, extracting, and securing viable helium reserves. Here’s what goes on behind the scenes of helium production.
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New Era Helium (Nasdaq:NEHC) reposted this
New Era Helium (Nasdaq:NEHC) and its joint venture partner Sharon AI have signed a Letter of Intent (LOI) to acquire 200 acres in Ector County, Texas, for the development of a 250MW net-zero energy AI and high-performance computing (HPC) data center. The LOI was signed with GROW Odessa, an economic development corporation that supports business expansion in the region. More at #Proactive #ProactiveInvestors http://ow.ly/HFgn1060QcW
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🚀 Big News from New Era Helium! 🚀 New Era Helium (Nasdaq:NEHC) and our joint venture partner Sharon AI have signed a Letter of Intent to acquire 200 acres in Ector County, Texas for the development of a 250MW net-zero energy behind the meter AI/HPC data center. 🔹 The project, under Texas Critical Data Centers (TCDC), will leverage Permian Basin Natural Gas and #EnergyTransition technologies to power next gen computing. 🔹 Signed in collaboration with GROW Odessa, this initiative positions Ector County, Texas as a prime location for scalable, energy efficient #AI infrastructure. 🔹 The initial phase is expected to go online in late 2026, with a natural gas supply contract with #NEHC planned for Q2 2025. 🛠 Next steps: Site due diligence, Phase 1 Power Feasibility Study, and ongoing discussions with potential offtake partners. "We are excited about what we are building within the Permian Basin and believe access to cheap and reliable power is key to attracting top tier partners," said Chairman & CEO E. Will Gray II. Read the full release: https://lnkd.in/eDTTjkwj