Colorado's Tumbleweed Midstream announced it has executed a new 10-year helium sales agreement with a global tier one helium supplier. The new contract delivers a top-rated global customer for Tumbleweed's Ladder Creek plant's helium production capacity and provides the customer a steady supply of helium through Dec. 31, 2030. Specific terms of the agreement are undisclosed, however. Tumbleweed estimates the value of the overall contract could exceed $500 million. Final contract value will depend on the volume of helium produced by the Ladder Creek plant, which will be delivered between now and year-end 2030.
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