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Production / Operations

Altura begins pipeline upgrades at Saddle Horse Draw

By The Northwire Desk — AI Analysis Mar 31, 2026 · 17:31 ALTU · 0.285 Altura Energy Corp
ALTU · Price

Executive Summary

  • Altura Energy Corp. has commenced a previously announced pipeline replacement and infrastructure upgrade program at the Saddle Horse Draw target within the Pinta South helium field in Arizona's Holbrook basin.
  • Upon completion, two recompleted wells are expected to return to production at 123 mcfd and 118 mcfd, while workovers will begin on four additional wells.
  • The upgrade includes installing a new pipeline to the processing plant and deploying SCADA systems for real-time monitoring, aimed at strengthening operational reliability and efficiency amid global helium supply constraints.

Key Details

  • Program Location: Saddle Horse Draw target, Pinta South helium field (PSHF), Holbrook basin, Arizona.
  • Expected Production Post-Completion: Recommened wells to flow 123 mcfd and 118 mcfd respectively.
  • Well Workovers: Scheduled to commence on four remaining wells.
  • Infrastructure Upgrades: Installation of a new pipeline connecting wells to the processing plant; deployment of Supervisory Control and Data Acquisition (SCADA) systems for real-time pipeline monitoring.
  • Operational Objectives: Enhance field monitoring, reliability, and ongoing maintenance capabilities.
  • Market Context: Geopolitical tensions in the Middle East have disrupted Qatar's natural gas processing operations, impacting global helium supply chains; Altura is positioning itself as a secure North American source for medical imaging, semiconductor manufacturing, aerospace, and advanced technology sectors.

Notable Quotes

  • "Advancing this pipeline replacement and infrastructure upgrade program marks an important step in strengthening the long-term reliability and efficiency of our operations at Saddle Horse Draw," said Altura chief executive officer Ashley Lastinger. "As global helium markets face increasing supply uncertainty, we are focused on positioning Altura as a dependable North American source by investing in critical infrastructure that supports sustainable production, enhanced monitoring and operational resilience."
Read the original news release →

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