The Helium: Markets Reimagined, Part 2 webinar heard Tim Rynott, CEO and Founder of Four Corners Helium, outline the complexities facing the helium sector as it continues to grapple with supply shortages, financing and infrastructural issues, and permitting.
“There’s this three-way interplay between scientists, land men and engineers,” he said.
“A common conception is that Upstream starts with the geeky geo-scientist that grinds away searching for the perfect location, but in reality it’s a complex interplay of geologists, geophysicists, land men, engineers and production engineers, and you may as well add psychic to the list.”
He added that there is constant back-and-forth interchange between those disciplines, and underpinning everything is helium has to be financed effectively and produced at a commodity price that will turn a profit.
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