U.S. Energy adds land for CCUS project

U.S. Energy Corp. has expanded its carbon capture and industrial gas development platform with the acquisition of 2,300 net acres and a permitted Class II injection well in Montana’s Kevin Dome, a geologic structure known for its helium-rich and CO₂-dominated gas systems.

The $200,000 acquisition from a privately held company strengthens U.S. Energy’s control of highly contiguous acreage in the region and adds critical infrastructure to support its carbon capture, utilization, and storage (CCUS) strategy. The Class II well, permitted under the U.S. Environmental Protection Agency’s Underground Injection Control (UIC) Program, will be used to sequester CO₂ captured from U.S. Energy’s planned industrial gas processing facility, expected to begin operations in the near future.

“This acquisition marks a meaningful milestone forward in our efforts to integrate carbon sequestration into our industrial gas platform,” said Ryan Smith, CEO of U.S. Energy. “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 CO₂ at scale.”

The company plans to submit a Monitoring, Reporting, and Verification (MRV) plan to the EPA for the well in the second quarter of 2025, ensuring its long-term compliance and operational integrity as part of U.S. Energy’s broader CCUS initiative.

This acquisition aligns with U.S. Energy’s strategy to build a scalable, low-emission industrial gas operation while positioning itself as a leading U.S.-based supplier of clean helium and other critical gases. The company continues to target assets and infrastructure that support responsible growth and contribute to lowering the carbon footprint of industrial gas operations.