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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Production / Operations

Altura Energy Advances Helium Production with Infrastructure Upgrades and Multi-Well Development Program

By The Northwire Desk — AI Analysis Mar 19, 2026 · 07:31 ALTU · 0.19 Altura Energy Corp.
ALTU · Price

Executive Summary

  • Altura Energy successfully recompleted two helium wells, achieving initial flow rates of 123 mcf/day and 118 mcf/day with helium concentrations of 5‑8 %.
  • Degraded sections of the legacy pipeline were identified; a full pipeline replacement program has been initiated, with construction expected to begin after permitting and last ~8 weeks.
  • Upon completion, three wells will be returned to production and two additional wells are slated for recompletion/workover, supported by new SCADA and GIS monitoring systems.

Key Details

  • Well Recompletion Results:
  • Well A – 123 mcf/day, helium 5‑8 %

  • Well B – 118 mcf/day, helium 5‑8 %

  • Pipeline Condition Findings:

  • Degradation in existing pipeline caused reduced gas delivery to processing plant.

  • Remediation Actions:

  • Repaired exposed surface piping.

  • Temporarily shut all wells to commence a full pipeline replacement program.

  • Pipeline Replacement Program:

  • New pipeline sourced and delivered to site.
  • Master Service Agreement executed with contractor for installation.

  • Construction start pending permits; estimated duration ≈ 8 weeks.

  • Infrastructure Upgrades:

  • Installation of isolation valves for improved diagnostics/maintenance.
  • Integration of valve and pressure data into SCADA telemetry across all producing wells.

  • Implementation of GIS mapping for accurate pipeline routing and field infrastructure management.

  • Production Restart Plan:

  • After pipeline installation, three existing wells will resume production.
  • Two additional wells scheduled for recompletion/workover in the next development phase.

  • Planned activities include: production tubing installation, workovers on up to three wells, SCADA connection for all producing wells, and selective well logging to assess further helium potential.

  • Market Context:

  • Recent geopolitical disruptions (e.g., Qatar) have highlighted vulnerabilities in global helium supply chains, underscoring the strategic importance of North‑American helium sources.

  • Investor Conference Announcement:

  • Altura will present at the Kinvestor Mining & Energy 2026 virtual investor conference on March 26, 2026 (11:20 AM PT / 2:20 PM ET).

Notable Quotes

“Through the operational improvements we are implementing across the field, we are focused on building a reliable production platform capable of supporting consistent helium delivery to the market,” – Ashley Lastinger, CEO, Altura Energy Corp.

Read the original news release →

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