{"id":47810,"date":"2024-05-23T15:00:55","date_gmt":"2024-05-23T14:00:55","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=47810"},"modified":"2024-05-23T15:11:28","modified_gmt":"2024-05-23T14:11:28","slug":"new-helium-legislation-announced-in-the-state-of-minnesota","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/new-helium-legislation-announced-in-the-state-of-minnesota\/47810\/","title":{"rendered":"New helium legislation announced in the State of Minnesota"},"content":{"rendered":"

Pulsar Helium<\/a> has revealed that the State of Minnesota has established new helium legislation.<\/h2>\n

The new legislation for helium covers helium exploration<\/a>, production and leasing on state land, and follows Pulsar\u2019s advances at the company\u2019s flagship Topaz helium project<\/a>\u00a0where the Jetstream #1 well flowed 13.8% helium<\/a>.<\/p>\n

The new helium legislation came into force yesterday after being approved by the State Governor.<\/p>\n

Thomas Abraham-James, Pulsar Helium\u2019s President and Chief Executive Officer, commented: \u201cMinnesota is open for business, and we are grateful to the State for supporting this new industry.<\/p>\n

\u201cThe new legislation gives Pulsar certainty moving forward, creating a clear regulatory pathway for us to take Topaz to production. As a result, we are now planning to accelerate our works at Topaz and expand our footprint in Minnesota.\u201d<\/p>\n

Introduction of new helium legislation<\/h3>\n

The State of Minnesota has introduced a new regulatory framework that permits the issuance of leases for the exploration and production of non-hydrocarbon gases, including helium.<\/p>\n

Pulsar has already submitted an application for new leases in areas of interest for helium and hydrogen, taking advantage of this new regulatory landscape.<\/p>\n

Before the implementation of the new regulations, leases could only be issued on mineral rights that were privately held. Consequently, all of Pulsar\u2019s existing leases are with private entities.<\/p>\n

Temporary regulatory framework<\/h3>\n

The permitting of helium production projects will be managed under a temporary regulatory framework until the adoption of final rules.<\/p>\n

By January 15, 2025, the commissioner of the Minnesota Department of Natural Resources must submit recommendations to the relevant legislative committees.<\/p>\n

These recommendations will focus on statutory and policy changes needed to facilitate the exploration and production of non-hydrocarbon gases, including helium, and to support temporary permits for gas exploration and production.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pulsar Helium has revealed that the State of Minnesota has established new helium legislation. Find out more.<\/p>\n","protected":false},"author":15,"featured_media":47811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24502],"tags":[24483,24471],"acf":[],"yoast_head":"\nNew helium legislation announced in the State of Minnesota<\/title>\n<meta name=\"description\" content=\"Pulsar Helium has revealed that the State of Minnesota has established new helium legislation. 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