An exploratory drilling in Minnesota’s Iron Range has resulted in a “dream” discovery in helium. The helium concentration was measured at 12.4%, which is 30 times the industry standards for commercial helium.
“There was a lot of screaming, a lot of hugging and high fives,” said Thomas Abraham-James, CEO of Pulsar Helium. It’s considered one of the most significant finds in the world.
The drill rig first broke ground in early February and three weeks later the drill reached the depth of 2,200 feet below the surface and struck helium.
The U.S. was the leading exporter of helium for decades but the reserves have been depleted. Drilling has taken place around the world searching for other helium deposits to help improve global supply.
Helium is best known for its use in helium balloons filling blimps. However, it’s one of the most sought-after commodities in the world because it’s one of the most effective and safest coolants. In addition, MRI machines depend on helium to operate. The lack of helium could leave medical imaging facilities vulnerable to not being able to provide access to patients.
The next phase of the project is a feasibility study to study the size of the well and whether it can support a full-service helium plant. The study could take until the end of this year to complete.
Those of us at Atlantis Worldwide are excited about this discovery and what it means for the medical imaging community. If you’re looking for medical imaging solutions for your hospital, radiology clinic, urgent care, healthcare facility or veterinary practice, talk to the experts at Atlantis Worldwide. We can help you with pre-owned medical imaging equipment that can deliver the performance you want and the warranties you need at a much more affordable price.
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Meet the author: Vikki Harmonay