U.S. Energy Corp. approves Big Sky Carbon Hub facility build for Q1 2027 start

Reuters03-18 19:00

U.S. Energy Corp. approves Big Sky Carbon Hub facility build for Q1 2027 start

U.S. Energy reached a final investment decision to build a processing facility at the Big Sky Carbon Hub in Montana and signed a fixed-scope EPC contract with CANUSA EPC. The facility is designed for about 8 MMcf/d of inlet capacity and targets around 12 MMcf of annual helium production. It also targets about 125,000 metric tons per year of refined CO₂ at initial operations and expects initial helium sales and carbon management operations in Q1 2027. U.S. Energy expects to qualify for about USD 85 per metric ton in Section 45Q tax credits, with an estimated Phase 1 value of USD 130 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U.S. Energy Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603180700PRIMZONEFULLFEED9674132) on March 18, 2026, and is solely responsible for the information contained therein.

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