An essential ingredient in MRI machines, wafer manufacturing, welding, and more, helium is increasingly scarce and valuable. VVC targets recognized helium reserves by leasing mineral rights in oil and gas fields in the southwestern US by reactivating old gas wells, and drilling new ones, in fields that had previously tested for helium.
VVC continues to activate discovered resources, permit and drill new well sites, and increase current helium and NG production.
VVC produces helium & NG at its project in Kansas,
Syracuse; the company’s focus helium & NG project. The company’s near production project is
Stockholm; VVC’s top drilling priority property.
Syracuse and Stockholm both connect to the Tumbleweed pipeline that connects to the Tumbleweed Midstream Ladder Creek Processing Plant.
In line with our leasing successes to date, VVC is actively acquiring additional leases in areas with proven production. VVC targets recognized helium & NG reserves in the Western United States in areas with wells that have been previously drilled with known helium & NG concentrations. The team focuses on evaluating data from previously drilled wells and geologic mapping in areas of interest to increase our drilling inventory.
Helium is a by-product other gas production, usually natural gas and nitrogen. Green nitrogen is in high demand. VVC is studying the possibility of processing and commercializing nitrogen and hydrogen from current properties.
VVC has drilled 98-99% pure nitrogen from Syracuse project.
Natural gas contains methane (CH4) that can be used to produce hydrogen from VVC properties applying thermal processes. Today, 95% of the hydrogen produced in the United States is made by natural gas reforming in large central plants. This is an important technology pathway for near-term hydrogen production.
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info@vvcresources.com
2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 Canada
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