October 22, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Texas Company Begins Helium Production in Eastern Utah

Press Release

October 22, 2013

Grand County — Texas-based IACX Energy has commenced helium production and sales from a new facility located at Harley Dome, Utah, approximately 40 miles west of Grand Junction, Colo. This facility is the first helium-only application to extract the rare gas from federal lands and is IACX's third helium plant.

The Harley Dome field was discovered in 1925 and was designated "Federal Helium Reserve No. 2" by President Franklin Roosevelt in 1934. The field's unusual gas composition (7 percent helium with the balance being mostly nitrogen) and its low reservoir pressure proved to be a barrier to prior attempts to develop the field. IACX's small scale, low pressure helium extraction technology has allowed for this helium deposit to be finally produced, some 90 years after its initial discovery.

For almost 100 years, the United States has been the world's largest producer of helium, but conventional, domestic supplies are declining and other international sources (Algeria, Qatar and Russia) are on the rise. Helium has strategic uses in many high tech applications such as MRI machines, semi-conductor manufacturing, the NASA space program, fiber optic cables, etc.

Utah Business Social
UB Events View All
Health Care HeroesUtah Business Event
Oct 21, 2014
Please join us, along with our sponsors, MountainStar Healthcare, and Roseman University in honor...
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine, along with our sponsor Adobe, for an in-depth, hands-on, educ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Community Events View All
Leadership Excellence Course
Sep 30, 2014
Leadership Excellence Course coming to Salt Lake City. Course graduates qualify for continuing ed...
BOMA Fall Education Summit
Oct 2, 2014
We are excited to host our first annual Education Summit. This year, we have twelve (12) session...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel