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Flagship Helium Project
New Era Helium, Inc. (NEH) is constructing a 20,000 MCF/D natural gas and helium processing plant processing gas produced from the Pecos Slope Field located approximately 20 miles north of Roswell, New Mexico. The Pecos Slope Field is the only field in the Permian Basin that has commercial helium concentration levels. It covers an area of 731 mi2 (1893 km2) and is geographically one of the largest gas fields in the northwestern section of the energy-rich Permian Basin, and ranks in the top 10 fields in gas reserves in the state of New Mexico.
New Era Helium’s plant will produce approximately 2.7 million standard cubic feet (MMscf) of gaseous helium per month or, an estimated 32 MMscf per year. The plant will also produce 477,000 MCF/D per month of methane and 32,545 bbls per month of natural gas liquids. Once operational in Q2 2025, production will represent between 1%-2% of the domestic Helium Market.
Net Zero Energy Data Center Project
Sharon AI, Inc., a high-performance computing company specializing in AI and cloud GPU infrastructure, has entered into a non-binding Jont venture with New Era Helium to develop a net-zero energy data center in the Permian Basin. The site location, and preliminary specifications for a 90MW power plant and Tier 3 data center infrastructure are in progress. This joint venture aims to combine sustainable energy solutions with cutting-edge computing technology to deliver high-efficiency data services.
The 90MW power plant will leverage NEH’s existing operations in the Pecos Slope Field, where helium, natural gas liquids, and dry natural gas are currently produced. Designed to capture approximately 250,000 metric tons of CO2 annually, the power plant is expected to qualify for 45Q tax credits for carbon capture, utilization, and storage (CCUS). NEH will also provide natural gas to the project through a long-term gas supply agreement.
Sharon AI will oversee the design and operation of the high-density, liquid-cooled Tier 3 data center. Collaborating with ecosystem partners such as Nvidia and Lenovo, the data center will feature optimized GPU and network architectures tailored for AI and HPC workloads. By integrating Nvidia Cloud Partner reference architecture, the facility will deliver top-tier performance for AI training and inference tasks.
This partnership marks a significant step in merging sustainable energy practices with advanced computing technologies, laying the groundwork for an innovative and environmentally conscious data center in the Permian Basin.