99--Invitation for Offer - Federal Crude Conservation Helium

Expiration Date: June 30, 2014 Invitation for Offer - Federal Crude Conservation Helium IFO NO. BLM-2014-OMCHS-001 January 2014 - June 2014 Introduction: The Helium Stewardship Act of 2013 (HSA), 50 U.S.C. 167-167q, was enacted on October 2, 2013. The purpose of this Invitation for Offer (IFO) is to implement 167d(a) of the HSA, Phase A: Allocation Transition, which applies beginning October 2, 2013, and ending on September 30, 2014; and during any period which the sale of helium under 50 U.S.C. 167d(b), Phase B: Auction implementation, is delayed or suspended. During Phase A, the Secretary of the Interior, acting through the Bureau of Land Management (BLM) shall offer crude helium for sale in such quantities, at such times, at not less than the minimum prices established under 167d(b)(7), and under such terms and conditions as the Secretary determines necessary to carry out Phase A with minimum market disruption. In order to minimize market disruption, the BLM has determined to offer for sale a portion of the Federal Helium Reserve stored in the Cliffside Field, north of Amarillo Texas. Phase A sales will be conducted in a manner intended to minimize market disruptions including, pure helium market disruptions for end users; shortages of crude helium to pure helium refiners; or an oversupply of crude helium on the market for crude helium extractors. The volume of helium available for this sale is 400 million cubic feet (MMcf) at a price of $95 per thousand cubic feet (Mcf) at 14.65 psi and 60 degrees Fahrenheit. For more details and all documentation required to be sent with offer please see Bureau of Land Management (BLM) Amarillo Field Office's website at http://www.blm.gov/nm/st/en/fo/Amarillo_Field_Office.html Point of contact: David Reeves, 806-356-1052, [email protected]