Proton Green
VVC's Strategic Investment in carbon capture
33
Billion cubic feet of helium in shallow, easily accessible reservoirs indicated in geological studies
22.3
Million metric tons of CO2 sequestration potential per year and a total storage capacity of 2 billion metric tons
Among one of the largest carbon capture and storage opportunities in the world
VVC remains committed to facilitating the global energy transition through a strategic investment in Proton Green, not only one of the largest potential helium producers in North America, but one of the largest potential carbon sequestration hubs in the world.
OPPORTUNITY
- St Johns Field is a massive helium reservoir and immense carbon storage basin located on 152,000 acres in Apache County, Arizona.
- Extensive third-party geological studies performed on the property indicate reserves of up to 33 billion cubic feet of helium in shallow, easily accessible reservoirs.
- Capable of producing one billion cubic feet of helium per year, it will be among the most prolific helium production sites in the world.
- The helium produced at St Johns is exceptionally clean and environmentally friendly, with a net zero carbon footprint.
- In addition to its immense helium reserves, the geological characteristics of St Johns make it an ideal storage basin for carbon dioxide.
- With the ability to inject 22 million metric tons of CO2 per year and a total storage capacity of over 1 billion metric tons, St Johns is set to become one of the largest carbon capture sites in the world.
Quick Facts
| Location | Apache County, Arizona |
| Target | Helium, CO2 Capture |
| Size of the property | 152,000 acres |
| Stage | Strategic Investment |
| Permits | Environmental and Land Use Change Permits Approved |
| Helium Resources (indicated) | 33 billion cubic feet of helium in shallow, easily accessible reservoirs |
| Storage basin for carbon dioxide | Ability to inject 22 million metric tons of CO2 per year and a total storage capacity of over 1 billion metric tons |
