BABBITT- Pulsar Helium issued an update on its drilling activities on Monday, including news that they have started work on a second well.
The Canadian helium exploration company started new drilling activities early in December along the Dunka River Road southeast of Babbitt. The firm hired Capstar Drilling of Casper, Wyo. to deepen its first well, Jetstream No. 1, as reported in the Dec. 13 edition of the Timberjay.
Pulsar announced that the drill pad for their second well, Jetstream No. 2, is now complete and the installation of its conductor casing should be finished by Wednesday, Jan. 8. A conductor casing is designed to protect shallow groundwater resources from exploration and production activities in the well.
Jetstream No. 2 is what is known as a step out well. During an exploration campaign, step out wells are those drilled in an area where a resource is suspected but not yet physically confirmed. Jetstream No. 2 is around two miles west of the firm’s first well site, along a westward-trending seismic anomaly associated with the helium resource found at Jetstream No. 1.
Deepening existing well
Pulsar originally estimated deepening Jetstream No.1 would be completed before the Christmas holidays. According to the revised drilling schedule, extending the well depth should be completed by this weekend.
The well was originally completed to a depth of 2,200 feet last year, designed to intersect a helium-enriched zone discovered by a rock coring rig exploring for copper and nickel in 2011. Pulsar is deepening the well to fully penetrate the geophysical anomaly associated with the helium resource.
As soon as the new well depth is reached, Pulsar will acquire additional “wireline” data in the deepened well. During a wireline survey, logging technicians run geophysical instruments on a cable through a well boring to measure the physical properties of the rocks hosting a suspected or known commodity like helium. The Capstone drill rig will then relocate to the Jetstream No. 2 location.
In Monday’s announcement, Thomas Abraham-James, CEO of Pulsar, remarked, “Deepening of the Jetstream No.1 well has commenced and is progressing extremely well. The assessment of the full height of the previously discovered high helium concentration reservoir is a key stage in progressing (the project). Previous drill data obtained in February 2024 indicated that we only reached the top of the reservoir and that it may extend for a further 1,640 feet.”