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


Martin Plaehn

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

In the Lab

Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

A Breath of Fresh Air

Worst-Case Scenario

Regional Report
Northern Utah

Measure Up

Industry Outlook
Travel & Tourism



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
Utah Employers Healthcare Summit and Healthcare Heroes Utah Business Event
Oct 6, 2015
The Utah Employers Healthcare Summit is a gathering of all of the major employers, healthcare pro...
Twenty in Their 20sUtah Business Event
Nov 5, 2015
Meet the young and ambitious professionals who are taking the business world by storm! The honore...
Sustainable Business Awards Utah Business Event
Nov 19, 2015
Utah Business magazine is pleased to announce the Utah Sustainable Business Awards. This program ...
Community Events View All
9th Annual CHINA Town Hall: Chinese Investment in the United States
Oct 5, 2015
CHINA Town Hall is a national day of programming on China involving 70 cities throughout the Unit...
Oct 6, 2015
Link to tickets: https://www.eventbrite.com/e/secrets-to-financing-your-business-tickets-18611033...

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:
* Event Description: