Lighter Than Air

Reese Midstream Report

Reese Energy Consulting today is following the latest news from Colo.-based Tumbleweed Midstream, which is set to become a whole lot busier with a new 10-year sales contract valued at more than $500 million. With new helium supplies from Russia and Qatar expected to hit the market over the next two years, CEO Durell Johnson says the new agreement will allow Tumbleweed to sell producers’ helium at a fixed price, adding every molecule of available helium anywhere in the world is under contract.