U.S. Energy Corporation strengthened its industrial gas and carbon capture platform in Montana by acquiring a privately held company for $0.2 million.
The deal also secures an active Class II injection well, permitted by the U.S. Environmental Protection Agency (EPA) under the Safe Drinking Water Act’s Underground Injection Control Program. This well will enable CO2 sequestration from U.S. Energy’s forthcoming industrial gas processing facility, advancing its carbon capture, utilization, and storage (CCUS) initiatives. The infrastructure supports the company’s goal of developing low-emission gas operations while supplying clean helium and other essential gases domestically.
Ryan Smith, Chief Executive Officer of U.S. Energy, stated: “This acquisition marks a meaningful milestone forward in our efforts to integrate carbon sequestration into our industrial gas platform. The addition of permitted injection infrastructure and strategic acreage strengthens our position across the Kevin Dome and accelerates our ability to deliver clean, domestically sourced helium while sequestering CO? at scale. We are committed to executing a responsible growth strategy that aligns with global demand for lower-carbon energy solutions.”
The Kevin Dome, known for its helium-rich and CO2-dominated gas systems, provides a strategic geological foundation for U.S. Energy’s operations. The company plans to submit a Monitoring, Reporting, and Verification (MRV) plan to the EPA for the Class II well in the second quarter of 2025, ensuring compliance and operational transparency.
This acquisition bolsters U.S. Energy’s CCUS-ready infrastructure, aligning with its environmental objectives and supporting its planned industrial gas processing facility. By enhancing its carbon management capabilities, U.S. Energy aims to establish itself as a leading U.S.-based provider of industrial gases and sustainable energy solutions, contributing to cleaner energy production.
