Making it simple for energy and power producers to mobilize sustainable resource finance
- Producers make money from their unused energy by being connected with data miners
- Creates a sustainable opportunity for producers to finance their energy projects
- Reduces costs for investing and trading energy using digital tokenization strategies
- Leverages simple agreements for producers to easily trade unused energy
- Opens new ways for producers to value and attract investment for untapped energy resources
Get access to a dedicated digital energy market, where your untapped energy resources can be marketed, managed, capitalized, and monetized. Our blockchain-powered platform serves as the missing link between surplus, stranded energy and the digital economy’s demand for reliable power.
- Energy Operators & Producers: Turn unused gas into profit with easy agreements for selling stranded or wasted energy.
- Crypto and AI Data Miners: Get affordable and reliable energy for your operations.
- Investors: Easily trade shares in natural resources and Bitcoin.
- Regulators: Access transparent information to ensure fair distribution of benefits.
The world’s need for data centers will escalate as long as digital technology and the Internet continue to grow. The expansion of artificial intelligence (AI), Internet of Things, and blockchain technologies is inevitable. The world will need to conserve energy and manage resources efficiently to allow for these advancements in digital technology.
Offering digital currency mining solutions not only reduces waste and creates ancillary revenue, it brings data analytics to a new level. Secured revenues translate into stable cash-flow projections that increase net-present value of a company. Petroleum consultants valuing these assets might begin to take into account the value derived from converting natural gas into electricity and not just the standalone value of natural gas flowing through sales pipelines.
By deploying on-site power-generation infrastructure to convert natural gas to electricity, we can power on-site data centers for various data mining operations. This makes efficient use of natural gas that would otherwise be wasted, increasing netback and net benefit. By using Smart Off-Take Agreements (SOTA), we can create a new market for natural gas trading in the form of electricity. Data miners can now purchase cost-effective electricity, and producers can capitalize on otherwise wasted natural gas while monetizing their stranded or underutilized resources.
According to the International Energy Agency (IEA), the wasteful burning (flaring) of natural gas amounts to over 143 billion cubic meters annually, resulting in an estimated loss of USD 20 billion (at current gas prices) for the global economy. This also poses a significant environmental impact on top of quite literally sending potential profit for energy firms up in smoke. Also according to the World Economic Forum, the substantial investment gap of over USD 1.35 trillion for renewable energy projects hinders the progress of the world’s decarbonization efforts.
To tackle these problems, PermianChain uses advanced technology to make energy trading easier and more profitable. By using blockchain and automated contracts, we create a transparent and secure system for buying and selling energy. This helps both small and large investors put their money into sustainable energy projects. Our platform allows energy resources to be easily listed, managed, and sold, turning waste into profit and supporting renewable energy development.
Canadian natural gas operators, in most cases, sell their gas into the market based on the AECO benchmark price.
Assuming AECO price is at USD1.60 per thousand cubic feet (mcf), natural gas operators would generate their revenue based on that price. If natural gas operators were to deploy a one megawatt-hour power plant facility by the well-site to transform natural gas into electricity, the revenues would be based on the electricity price instead of the AECO price.
If a kilowatt-hour (kWh) is sold at USD0.05, we could assume a 1,000-kWh facility which equates to one megawatt-hour (MWh) could equal to the following example:
1,000-kWh x 24 hours = 24,000 kW/day
24,000-kW/day x $0.05 = $1,200
Now compare that with selling 300 mcf (which is the estimated amount required to generate a 1,000-kWh facility)
1 mcf = $1.60
300 mcf x $1.60 = $480
E&P companies can now make money from their natural gas reserves with PermianChain’s blockchain-based business model. By using our approach, companies can generate extra cash to fund drilling, pay dividends, and increase revenue.
PermianChain’s OGBiF helps oil and gas companies turn unused gas into electricity on-site. This electricity powers data mining farms that earn Bitcoin. Here’s how PermianChain can help E&P companies:
- Monetize Surplus Gas: Turn unused natural gas into a new source of income.
- Generate Extra Revenue: Use the extra cash to support drilling projects, pay shareholders, and boost profits.
- Power Data Mining: Convert gas to electricity and use it for Bitcoin mining, creating valuable digital assets.
At PermianChain, we offer oil and gas suppliers a suite of benefits designed to maximize the value of their surplus energy. Our blockchain-integrated framework helps you efficiently manage and monetize your underutilized resources. Here's how you can benefit:
●Monetize Surplus Gas: Register and sell your excess or stranded natural gas reserves for profit.
●Earn Additional Revenue: Generate extra income in traditional currency or Bitcoin, which can be converted into cash for operational expenses or shareholder dividends.
●Sell Electricity: Provide cost-effective, field-generated electricity to third-party data mining companies seeking affordable energy solutions.
Advance and accelerate crude oil production projects | |
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Optimize natural gas utilization and efficiency | |
Reduce environmental impact by avoiding gas emissions | |
Optimize revenue and cash flow for overall fiscal stability | |
Convert waste methane emissions for power generation | |
Dynamic load balancing of power grid for efficient distribution | |
Equitable energy systems bolster social and economic growth |
Mobilize capital with Natural Asset Security Tokens (NASTS) | |
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Streamline distributions to investors and unitholders | |
Monetize each project's resources with Smart Offtake (SOTA) | |
Commercialize assets with onsite server farms (compute) | |
Real-time reporting of earnings and transactions | |
Near instantaneous clearing and settlement | |
No upfront fees. Performance-based fee structure |
With features designed to simplify and enhance your operations, PermianChain empowers you to transform waste into wealth while supporting sustainable energy practices. Discover how our cutting-edge technology can boost your profitability and streamline your resource management.
Register your interest to explore how we create value in resource finance and sustainability
PermianChain Technologies is a Toronto-based technology company that is focused on bringing efficiencies of the blockchain to natural resources. Creating value in resource finance and sustainability.
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