BLM announces plan and schedule for FY 2019 auction and sale of federally owned helium
Organization:
Media Contact:
Amarillo, Texas – The Bureau of Land Management’s (BLM) Federal Helium Program is planning an auction and sale of federally owned crude helium for delivery beginning in fiscal year 2019. The acution and sale had been previously postponed, but will now take place on August 31, 2018. After the auction, the BLM will invite the helium industry to bid for crude helium in an unallocated sale. This effort will facilitate development opportunities that create jobs and help local communities grow.
The auction complies with the Helium Stewardship Act of 2013, which established an auction system for the sale of Federal helium and mandated that all property, equipment, and interest held by the United States in the Federal Helium Reserve be disposed of by September 30, 2021. The BLM conducted sales and auctions for fiscal years 2014 through 2018, and enhanced the process based upon public and stakeholders’ comments. As a result, the BLM will use the same auction and sale process used for FY 2018 for the FY 2019 delivery.
The Federal Helium Program is responsible for the conservation and sale of federally owned helium. The BLM operates and maintains a helium storage reservoir, enrichment plant, and pipeline system near Amarillo, Texas, that supplies enough helium to meet more than 40 percent of domestic demand for the gas.
Helium is used in the testing of rocket engines, welding, commercial diving, and production of semiconductor chips. The element’s ability to reach very low temperatures attracts many commercial and institutional users who conduct magnetic resonance imaging and other scientific applications. Other industries depend on helium’s lifting powers for operating weather and party balloons.
Additional documents relating to the proposed plan for the FY 2019 auction and sale, including documents related to previous Federal Register notices and the 2019 Auction Guide, can be found on the BLM’s Helium Program’s website at https://www.blm.gov/programs/energy-and-minerals/helium/federal-helium-operations. The auction will be held at the BLM Amarillo Field Office, 801 South Fillmore Street, Suite 500, in Amarillo, Texas.
You may request a copy of the Federal Register notice and associated documents by e-mail at blm_nm_amfo_spo@blm.gov; by fax at 806-356-1041; or by mail at BLM Amarillo Field Office, Attention: Samuel Burton, Field Manager, 801 South Fillmore Street, Suite 500, Amarillo, Texas 79101.
For more information, contact Sam Burton at 806-356-1000.
The BLM manages more than 245 million acres of public land located primarily in 12 western states, including Alaska, on behalf of the American people. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. Our mission is to sustain the health, diversity, and productivity of America’s public lands for the use and enjoyment of present and future generations.