HELIUMEnergy transition

First Helium — Worsley 15-25

First Helium · 1.3 % He, 26 % N2; 2 MMcf/d test; 323 MMcf He contingent

Discovery well awaiting facility financing; second exploration well licensed 2026.

RESOURCE CONTEXT

No provincial reserve estimate; ~3,000 gas analyses above 0.4 % He; Worsley 15-25 contingent 323 MMcf He

Basement-sourced helium in nitrogen-rich gas over the Peace River and Sweetgrass arches.

Worsley 15-25 contingent helium323 MMcf He · Resource estimate · 2025First Helium (Sproule) ↗

GEOLOGICAL SETTING

Peace River Arch / Worsley helium fairwayHighly favourable
Basement-sourced helium trapped in Devonian / Cambrian reservoirs on a basement high
Sweetgrass Arch / Steveville–KnappenFavourable
Helium in Cambrian–Devonian traps over a basement high (Montana–Saskatchewan analogue)

Tenure: Helium is produced under petroleum & natural gas agreements (exact statutory wording unverified); AER licenses helium wells.
Royalty: 4.25 % (5 % less a 0.75 % adjustment, IL 2020-22) under the Natural Gas Royalty Regulation; five-year review due 2025 (outcome unverified).

DATASETS TO STACK HERE

Bedrock geology polygons (DIG 2013-0018, queryable)Alberta Geological SurveyAttribute-level bedrock mapping for screening host lithologies; heavy, so it loads only when zoomed in.
Bedrock structures: faults, thrusts, fold axesAlberta Geological SurveyFault corridors focus brines, helium and MVT fluids and control Foothills coal geometry.
Geology of Canada compilation (GSC raster)Natural Resources Canada – GSCHarmonizes Alberta units with Saskatchewan, BC and NWT geology for cross-border play continuity.
3D Provincial Geological Framework: Precambrian subcrop zonesAlberta Geological SurveyEntry point to the provincial 3D framework: which Paleozoic zone sits on basement controls helium traps, brine aquifers and storage seals.
Precambrian magnetic basement domains (AGS)Alberta Geological SurveyCraton architecture for diamonds (thick cold lithosphere), radiogenic basement for helium, and shear zones for uranium and gold.
Lithoprobe seismic transects (ABT, SALT, PRAISE)Alberta Geological SurveyThe only public deep-seismic imaging; constrains basement architecture, Snowbird Tectonic Zone and the Peace River Arch.
Helium concentrations in natural gas analysesAlberta Geological SurveyDirect helium show map: filter above 0.3 % to find economic-interest wells.
Subsurface temperature points (BHT-derived)Alberta Geological SurveyThermal gradient for geothermal doublets and for DLE kinetics in lithium brines; basement temperature grids exist as LERC tiles.

NEARBY OPERATIONS

Clear Hills iron–vanadium (Rambling Creek)Metallic exploration · Ironstone Resources (dormant) · ≈27 kmExploration
NeoLithica — Peace River lithiumLithium brine · NeoLithica · ≈108 kmExploration
Peace River frac-sand quarrySilica sand · Source Energy Services · ≈116 kmOperating
Alberta No. 1 geothermal (Greenview)Geothermal · Terrapin / No. 1 Geothermal LP · ≈177 kmPermitting
LithiumBank — BoardwalkLithium brine · LithiumBank Resources (SLB FS/FEED) · ≈214 kmPilot / demonstration
Rainbow Lake lithium (Keg River / Sulphur Point)Lithium brine · LibertyStream (formerly Volt Lithium) · ≈221 kmIdled