Pulsar Helium Hits Pressurized Gas at Jetstream #6, Extending Topaz Project Footprint
Event summary
- Pulsar Helium's Jetstream #6 appraisal well at the Topaz Project in Minnesota intersected pressurized gas at 1,287 feet (392 meters) depth with a preliminary bottom-hole pressure of 576 psi.
- Jetstream #6 is located 1.3 miles (2.1 kilometers) southwest of the discovery well (Jetstream #1), marking a significant step-out that extends the project’s footprint.
- All six Jetstream appraisal wells drilled to date have encountered pressurized gas, maintaining a 100% success rate.
- Flow and pressure testing equipment is scheduled to arrive on February 15, 2026, for testing on Jetstream wells #3 and #4.
The big picture
Pulsar Helium's discovery of pressurized gas at Jetstream #6 reinforces the potential of the Topaz Project as a significant helium resource. The consistent success across all appraisal wells underscores the emerging continuity of the gas-bearing system, positioning Pulsar as a key player in the high-value industrial and specialty gas markets. The strategic importance of helium-3, with its applications in national security and advanced energy technologies, adds an additional layer of upside to the project.
What we're watching
- Resource Expansion
- Whether the consistent success of the Jetstream wells will translate into a scalable helium production system at the Topaz Project.
- Technical Validation
- How the upcoming flow and pressure testing will confirm the commercial viability of the pressurized gas zones identified.
- Execution Risk
- The pace at which Pulsar can transition from appraisal drilling to full-scale production, given the late March 2026 timeline for concluding the current drilling program.