Helium One Global Ltdl has told investors that the operator of its Colorado helium project expects to begin integrated operations at the Pinon Canyon Plant next week, as the Galactica-Pegasus development moves from commissioning into a broader 2026 ramp-up.
The AIM-listed group, which holds a 50% working interest in the project operated by Blue Star Helium, said the plant was shut in after first gas in December to integrate an amine unit that removes CO₂ from the inlet stream. With the unit operational, gas will be processed, and the helium stream will then move through the Helium Recovery Unit into tube trailers.
The focus is now shifting to installing CO₂ liquefaction and load components, which are projected to be added in the first half of 2026, alongside finalising commercial agreements.
Helium One said arrangements have been made for spot helium sales, while discussions continue on longer-term helium and CO₂ contracts aligned to the plant’s targeted capacity ramp.
In the field, tie-ins for the State-9 and State-16 wells into the gathering system are complete and ready to connect into the production facility, while construction work is underway to expand the gathering system to Jackson-2, including a T-section intended to support a future connection to Jackson-27.