Central Petroleum Helium

[Sparty]

Central Petroleum Limited (ASX:CTP) (“Central”) Central Petroleum has reached agreement to work towards the construction of a helium recovery unit (HRU) at its Mereenie gas field in the Northern Territory.

If the project proceeds, the proposed Mereenie plant would be Australia’s sole source of domestically-produced helium once the Darwin LNG plant closes later this year.

The helium market is very strong, with this important commodity in short supply worldwide, and the Mereenie HRU has the potential to provide Australia with a critical strategic resource.

Successful production of helium at Mereenie will also demonstrate the potential of the Amadeus Basin as a world-class helium resource, where Central has a material position in several large sub-salt prospects where relatively high helium content has previously been measured. Read the full release: https://centralpetroleum.us11.list-m...om/track/click

[Sparty]

Helium is considered a critical material. It is a non-renewable gas that is essential for many important applications, including:

Medical imaging (MRI machines)
Space exploration (inflating balloons and cooling instruments)
Semiconductor manufacturing (creating ultra-pure environments)
Cryogenics (cooling magnets and other sensitive instruments)
Welding (preventing oxidation)
Leak detection
Balloons and airships
Helium is also used in a variety of other applications, such as cryotherapy, leak detection, and weather balloons.

The world's known reserves of helium are limited, and the gas is not easily extracted from the ground. As a result, helium is considered a critical resource that needs to be managed carefully.

The US is the world's largest producer of helium, but it is also the largest consumer. In recent years, the US has been exporting more helium than it produces, which has led to concerns about the country's helium supply.

The US government is working to develop a plan to ensure a long-term supply of helium. This plan includes measures to conserve helium, increase production, and develop new sources of helium.

Helium is a valuable resource that is essential for many important applications. The world needs to find ways to conserve helium and develop new sources of this gas to ensure that there is a reliable supply for the future.

Note: Helium cannot be manufactured. It is a naturally occurring element that is found in the Earth's atmosphere and in underground deposits. Helium is the second lightest element in the universe, and it is the lightest element that is not a gas at standard temperature and pressure.
(Standard temperature and pressure (STP) is defined as 0 degrees Celsius (273.15 Kelvin) and 1 atmosphere of pressure. At STP, all elements except helium are gases. Helium is the lightest element, and it has a very low boiling point. The boiling point of helium is -269 degrees Celsius (-452 degrees Fahrenheit). This means that helium will be a liquid at STP, and not a gas.

The reason why helium is a liquid at STP is because it has a very low molecular mass. The molecular mass of helium is 4.0026 grams per mole. This means that each helium atom is very light. The low molecular mass of helium makes it difficult for the atoms to stick together, and this is why helium is a liquid at STP.

Helium is the only element that is a liquid at STP. This makes it a very unique and valuable substance.)

Helium is extracted from natural gas deposits by a process called fractional distillation. This process separates the different gases in the natural gas, and helium is collected as a byproduct.

The world's known reserves of helium are limited, and the gas is not easily extracted from the ground. As a result, helium is considered a critical resource that needs to be managed carefully.

The US is the world's largest producer of helium, but it is also the largest consumer. In recent years, the US has been exporting more helium than it produces, which has led to concerns about the country's helium supply.

The US government is working to develop a plan to ensure a long-term supply of helium. This plan includes measures to conserve helium, increase production, and develop new sources of helium.

Helium is a valuable resource that is essential for many important applications. The world needs to find ways to conserve helium and develop new sources of this gas to ensure that there is a reliable supply for the future.

There are some research efforts underway to try to create helium artificially, but these efforts have not been successful so far. Helium is a very light element, and it is difficult to trap it in a way that can be used for practical purposes.

Until a way to manufacture helium is found, the world will need to rely on the limited natural reserves of this gas. This means that it is important to conserve helium and use it wisely.

More about Helium: https://www.thoughtco.com/liquids-ne...erature-608815

[Sparty]

There is no chemical way of manufacturing helium, and the supplies we have originated in the very slow radioactive alpha decay that occurs in rocks. It costs around 10,000 times more to extract helium from air than it does from rocks and natural gas reserves. Helium is the second-lightest element in the Universe.

Professor Robert Richardson, a Nobel Prize-winning physicist in 2010 warned that we are wasting our supplies of helium and will run out within 25 to 30 years. Helium is often used in party balloons and as a party trick, but these uses are wasteful.

The Helium Privatisation Act of 1996 required the US government to sell off its helium reserves at a fixed rate. This has led to a decrease in the price of helium, which has made it more affordable to use in wasteful applications.

Professor Richardson has called for the US to reconsider its policy on selling off its helium reserves. He believes that the government should take steps to conserve helium and develop new sources of this gas.

The following are some of the ways to conserve helium:

Recycle helium from MRI machines and other equipment.
Use helium more efficiently in balloons and other applications.
Develop new sources of helium, such as from natural gas deposits.

The following are some of the potential consequences of a helium shortage:

MRI machines would become less affordable and less accessible.

The development of new technologies, such as fiber optics and nuclear fusion, would be delayed.

Airships would become less feasible.

It is important to take steps to conserve helium and develop new sources of this gas.

Helium is a vital resource that is essential for many important applications.

https://phys.org/news/2007-12-dwindl...prompting.html

Suggestion: Ask Google or Bard whether or not the world is running out of helium....

[Sparty]

Nobel prizewinner: We are running out of helium

New Scientist
https://www.newscientist.com › article › mg20727735...

11 Aug 2010 — Robert Richardson worked on the superfluid properties of helium – now he worries that we are squandering our supplies of the gas.

Helium stocks run low – and party balloons are to blame

The Guardian
https://www.theguardian.com › science › mar › heliu...

17 Mar 2012 — Professor Robert Richardson, of Cornell University, New York, who won the Nobel physics prize in 1996 for his research on helium, argues that a ...

Should we ban helium balloons? | Science

The Guardian
https://www.theguardian.com › science › shortcuts › dec

11 Dec 2012 — The Cambridge University chemist is calling for a ban on helium balloons, claiming we should not be wasting such a precious gas on the party ...

Why the world is running out of helium

The Independent
https://www.independent.co.uk › news › science › wh...

23 Aug 2010 — This, according to Professor Richardson, who won his Nobel prize for his work on helium-3, was a mistake. "As a result of that Act, ...