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Helium production paused at Montana site as regulators review gas handling; drilling to resume soon.

Market News
03 Sep 2026
Proactive Investors
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Neutral
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HeLIX Exploration has temporarily halted helium production at its Rudyard facility in Montana following a request from state regulators for further review of associated gas handling processes. This pause comes as the company prepares to drill its next production well, Ollie #1, with drilling set to begin in early September. No helium volumes will be lost during the pause, and Helix is working with the Montana Board of Oil and Gas Conservation ahead of a hearing scheduled for October 15. Meanwhile, a short-term sales agreement for helium has been extended through September, potentially leading to a longer-term contract.

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