Gas Flaring Solutions, LLC

Purchase equipment to re-purpose flare & stranded gas for power generation for crypto data center

Facebook Twitter LinkedIn

 2MW Crypto Mining Data Center
Gas Flaring Solutions, LLC. /Holbrook, LLC. is seeking $8,000,000 for expansion in the Bitcoin crypto space. Our company is looking to undertake a meticulously planned scaling endeavor within the natural gas & Crypto mining domain. This initiative is underpinned by a well-defined timeline and resource allocation strategy, aiming to ensure a seamless augmentation of operational capacity while upholding quality and compliance standards.

Months 1-4
During the initial four-month phase, we will continue operations selling oil & gas from the Soinski #201 & 202 through the Buckeye and Blue Racer pipelines while preparing the site and moving the crypto equipment to the location. 

After the crypto mining operation is fully functional, we will divert 750 mcfpd to power the 2 MW crypto generators. The wells produce 3,500 mcfpd and 100 bbl.'s per mo. oil. OneLNG Inc. will purchase the remaining gas @ $4.25 per mcf. 
Use of Funds
2 x Waukesha ATL27 2.1MW NG gen-sets with all necessary equipment ……..     $ 3,500,000
700 Bitmain S21 Bitcoin miners. $5,000 x 700 ..................................................................$ 3,500,000
2 x 40 ft data centers containers ............................................................................................. $     400,000
Land prep, fencing, security lighting .......................................................................................$        30,000
Contingency, Payroll, Cash Reserve, Permitting – legal ..................................................$    570,000
                                                                                                                                                                  Total   $ 8,000,000          
Strategic Milestone:
Once the crypto farm is fully functional. A 1 MW generator will burn 250 mcfpd .  303 Bitmain S21 200th ASICS will hash at 60,606 terahash per day or $4,545 a day. $4,545 ÷ 250 = $18.18 mcf equivalent. 

One meg   $4,545 a day
Two meg   $9,090 a day
30 days   $272,700 
12 Mo. = $3,272,400 gross revenue per year. 
-10% ($327,240) for payroll, down time, and expenses = $2,945,160 net revenue 
  
The project will be managed by Holbrook Energy & GFS
David French has over 9 years of experience as a consultant in power generation and flare gas remediation for the oil and gas industry, working with Diversified Oil & Gas, ARB ENERGY, VAQUERO Permian, Puissant Industries Inc., OBAX Worldwide, One LNG, Big Star Mining, Global Power, Nigerian Gas Flare Comm. to name a few.
Mr. French is member of the Texas Oil and Gas Association, Texas Alliance of Energy Producers, Texas Methane and Flaring Coalition, and is H2S Safety certified.

GFS was selected as 1st presenter at the 2022 TXOGA new technology showcase out of 203 applicants
GFS manages stranded assets, eliminate flaring and omitting Millions of tons of CO2 gases into the atmosphere that contributes to heath issues and climate change while accelerate the transition to clean energy, GFS converts flare and stranded gas for power generation (electricity), can add heat exchangers, and water filtration systems to produce electricity, heat, and demineralized or fresh drinking water in any gas producing nation. GFS creates high paying jobs, low-cost electricity to rural communities while eliminating CO2 being released into the atmosphere to help maintain a more sustainable planet.

In Conclusion:
With a proven track record of success with 3 data centers in Texas and Ohio, our calculated approach to selling the gas through crypto data centers and LNG eliminates the cost of the buckeye and the Blue Racer midstream pipeline fees. This will decrease expenses by 65% and increase net profit by >400% 

This approach ensures constant pricing to eliminate the volatility of gas pricing in the face of unforeseen exigencies and underscores our commitment to unwavering operational consistency.

 

Ready to Ask For Funding for your company?

Post a Funding Request

Gas Flaring Solutions, LLC is no longer seeking funding.