a. The Challenge – reduce flaring of natural gas by entering the gas market at the optimal stream. Associated gas output in the Permian region has outrun the available takeaway, and even seemingly minor pipeline restrictions have corresponded with big downward spot price swings for natural gas. This has flipped gas from a commodity to a waste product. Even with pipes full and flaring at record levels, sellers have had to pay to find an offtaker for their associated gas.
b. Permian Basin Natural Gas Price Spread & Opportunities – the Permian Basin is a very energy dense region of Texas and offers many opportunities. Not only does it contain the most active oil and gas basin in the United States but within two hours radius of Midland, Tx are three of the largest US wind farms and a dozen solar farms producing many opportunities for 21MM and our clients.
The natural gas takeaway capacity constraints have resulted in more gas flaring in the Permian on the one hand, and in a record-high spread between the Waha gas hub price and the U.S. benchmark Henry Hub in Louisiana, on the other hand. Presenting an opportunity to generate inexpensive electricity in the Permian Basin.
21MM is an energy services and technology company whose mission is to optimize energy management for our midstream, data center and digital mining organizations clients to improve both efficiency and revenue. We strive to create local opportunity, growth, and impact in every community we operate.
21MM is an energy management company providing natural gas delivery from major pipelines for optimal market access, electrical infrastructure and interconnections with the ability to support ERCOT dispatch and 4CP programs.
We provide services to supply pipeline- quality gas, turbine power generation, network communications and energy management to large scale high performance computing facilities and midstream companies.
An independent company, such as an midstream company, investment fund, colocation hosting company or utility acquires the Containerized Mining Pods (CMPs) while 21MM operates them through our power generation package. In exchange for these services 21MM earns a portion of the mining revenues.
Where 21MM invests in, owns and operates the High Performance Computing containers or facilities.
Security of our 21MM members as well as data safety and availability are core values of 21MM. From the very beginning, we have put significant effort into designing and delivering a secure platform. This starts with a professional software development lifecycle and is complemented by well-organized operational security.
SECURITY • PHYSICAL SECURITY • UPC UPDATE SAFETY • COMMUNICATION SECURITY • DDOS MITIGATION
FAILURES • THRESHOLDS • HASHRATE • TEMPERATURE • MOVEMENTS
21MM provides real-time video, VoIP and data transmission for facilities located within oilfields. 21MM’s reliable high capacity networks operate over large areas under extreme conditions to ensure operational efficiency, productivity and employee safety, even in locations without cellular coverage.
21MM's solution allows in-field monitoring and distribution of live and recorded video to mobile users. Using the highest throughput and advanced mesh technology, combined with VPN support and integrated firewalls, enables video surveillance to act as a force multiplier, by supervising field operations, and enhancing safety and security.
21MM's flexible software options for M2M communications can help create digital oil fields by connecting well sites and sharing real-time data or recording data to the blockchain. In applications where fiber installation is cost prohibitive, we deliver broadband speeds and a scalable foundation to securely support multiple applications across the infrastructure. 21MM's network supports a range of fixed and mobile oil and upstream and midstream applications such as SCADA, real-time video feeds, security surveillance, drill rig communications, field asset tracking, field crew connectivity, and voice over IP phones.