The United States Bureau of Land Management (BLM) has announced their plans for their FY 2019 Crude Helium Auction and Sale.
This will be the BLM’s final auction/sale to private industry because, at the conclusion of the FY 2019 sale, the BLM will have reached the 3 BCF minimum inventory level specified in the Helium Stewardship Act of 2013. After the conclusion of the FY 2019 sale, the BLM’s crude helium inventory will be reserved exclusively for government helium users until such time as the BLM’s helium assets, including its remaining crude helium inventory, are privatized by no later than September 30, 2021.
The FY 2019 Crude Helium Auction will take place in Amarillo, Texas on July 18, 2018. Bids for the Conservation Sale portion of the auction/sale will be due on August 3, 2018.
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