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  1. lol, that posting brings back some awful memories...

    lol, that posting brings back some awful memories and some awfully good memories. But yeah for me back in 2008 I was at $27.50 as a leasehand. Inflation calculator says it should be around $37.75, so...
  2. Making me curious if Oilfield wages have kept up...

    Making me curious if Oilfield wages have kept up w/ inflation. I seem to recall there was some institution that published standard wages for lease hand all the way to driller. Do they still do this?
  3. Alternate deal is being inked. Cash buyout for...

    Alternate deal is being inked. Cash buyout for existing site and another one east of Edmonton. The perceived value is in the gas deals and infrastructure, so they can bring in whatever load they...
  4. In that case I'd say familiarity is as good a...

    In that case I'd say familiarity is as good a reason as any. Still take note of my CSV comments above, I think you replied before I edited my post.
  5. Docker + NodeRed is probably the low hanging...

    Docker + NodeRed is probably the low hanging fruit if you want it to be opensource and just get it working, there's a modbus library that's really easy to use. There would be tons of YouTube videos...
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    Sounds like Bitcoin mining XD

    Sounds like Bitcoin mining XD
  7. ThePenIsMightier I'm bad at being a regular. ...

    ThePenIsMightier I'm bad at being a regular.

    But yes, believe it or not, we are still hashing. It's no secret that mining has become extremely unprofitable for most miners, but we are still cash...
  8. It depends on what kinda generation and the heat...

    It depends on what kinda generation and the heat content...

    But say 1050 BTUs and 35% efficiency, 14-16 decs is safe barring decline rates.



    Yes, I understand why now after a bunch of phone...
  9. Hi guys, popping in for short update. Scrapped...

    Hi guys, popping in for short update.

    Scrapped the sour gas project. Economics didn't work on either end.

    Ended up deploying 600kW near Fort Sask on a rev share.

    We have another 2MW package...
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    Haven't you watched Suits or seen The Accountant...

    Haven't you watched Suits or seen The Accountant w/ Ben Affleck?
  11. It is a lot of fun :) Reading back through the...

    It is a lot of fun :)

    Reading back through the thread before any of this was a reality is interesting. It has turned out to be one of the best investments I've ever made.

    Someone commented on...
  12. Hi guys, Deployment is still up and running,...

    Hi guys,

    Deployment is still up and running, AER showed up and seemed to have no issues. AUC hasn't showed up yet. We structured our agreement as an operating lease to the O&G Co as an insulating...
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    What a throwback thread... it isn't even a memory...

    What a throwback thread... it isn't even a memory of mine that I was sentient before Facebook IPO'd, let alone making a thread about it.
  14. We know about it. Non-technical reference...

    We know about it.

    Non-technical reference point: https://www.auc.ab.ca/Pages/Bitcoin-mining-in-Alberta.aspx

    We check a lot of those boxes, though two of them are debatable. Obviously I am...
  15. Hi guys, just a brief update. We energized. It...

    Hi guys, just a brief update.

    We energized. It works and it's minting coins.
    Unfortunately we can't ramp up to 100% yet because their gas fell off, so we are stuck throttling at 50% plus minus....
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    Poll: Poor debater as opposed to master ...? Go ahead,...

    Poor debater as opposed to master ...? Go ahead, say it.
  17. I think it's because their radar scanning method...

    I think it's because their radar scanning method that they are using to interpolate a grave site some how leads to a 15% margin of error.

    If you assume 751 is midpoint, that's between 638 and 864....
  18. I've lost track of what is being argued about.

    I've lost track of what is being argued about.
  19. Replies
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    Poll: In response to the discussion between SKR and...

    In response to the discussion between SKR and born2work: be careful about using any pre-prints as credible sources. Many of the papers that end up in the arxiv databases (pronounced 'archive' if you...
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    Poll: Kegels!

    Kegels!
  21. My wife used to work for Shell and got flown down...

    My wife used to work for Shell and got flown down to Houston for it (she was in safety engineering). Apparently it is a lot of sensitivity training, how to tell someone they suck.

    The funny part...
  22. Thanks. Procurement guy came back and said it...

    Thanks. Procurement guy came back and said it looks like that is the system we will end up using. Much appreciated.



    PM'd in response, and much appreciated. :)
  23. I passed on the message. Thank you sir.

    I passed on the message. Thank you sir.
  24. Mint post. I'd like to add: learning to trade...

    Mint post.

    I'd like to add: learning to trade around the vol complex. There are some pretty gifted hedge fund managers who earn a living off predictable capital flows focused around options...
  25. Yeah! There are many more as well, or at least it...

    Yeah! There are many more as well, or at least it has become more palatable since BTC ran to the $30k+ range.

    Looking for some help: the project manager for the turbine side is struggling to...
  26. No. Custom design. Doesn't really matter though...

    No. Custom design. Doesn't really matter though tbh. I've seen a lot of different designs and they all end up being the same in many ways.

    Biggest variations in designs you'd see are what happens...
  27. Has anyone here ever had to suit up to respond to...

    Has anyone here ever had to suit up to respond to an H2S incident?
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    Poll: I think I'm in the minority of those who haven't...

    I think I'm in the minority of those who haven't been vaccinated yet. I don't feel comfortable getting the shot because big pharma won't accept liability for it.

    Many vaccines I have gotten, just...
  29. .

    .
  30. Both. One team member is a friend of mine who...

    Both. One team member is a friend of mine who worked up from pulling wire to ME, did everything in between (in my personal opinion he's quite brilliant). Now he does designs for O&G plants, and...
  31. Hi guys, Just an update on this. Actually went...

    Hi guys,

    Just an update on this. Actually went and did it. Still waiting on the Turbine guys to fix some of their electrical issues before we can fire up. 1% Sour. Fingers crossed.

    Will come...
  32. Well with the few replies that I have received,...

    Well with the few replies that I have received, this is more than enough to chew on for the time being. I appreciate the rich insight from everybody.

    I'm just going to reiterate that if you feel...
  33. The sticker value of $1mil sounds about right. No...

    The sticker value of $1mil sounds about right. No matter how you slice it, $1mil/MW seems to be the floor for most forms of energy generation.

    Your last comment of 'existing Company to sell you...
  34. Do you happen to have a line on some specific...

    Do you happen to have a line on some specific manufacturers?
  35. I'm guessing there are buried economics in here...

    I'm guessing there are buried economics in here which push over and/or pull under the 1.0MW threshold then. Are you aware of any physical constraints for how much this could scale if it is all...
  36. These were the initial concerns. Internally there...

    These were the initial concerns. Internally there is a slowly developing lean towards Solar or existing Hydro which is spilling.
  37. Do all of these items happen on site before its...

    Do all of these items happen on site before its tied into feed civilization? Or is there wild variation from site to site.



    Ballpark requirement of around 1mmcf/d assuming a 13 HR.


    ...
  38. Not committed to any particular path at the...

    Not committed to any particular path at the moment, and open to many.

    Ideally, however we energize, it is mutually beneficial for all parties.
  39. The cost basis we got the miners for was quite...

    The cost basis we got the miners for was quite low, almost for free. Even if we spin at break even, it pays off the asset. In any case, I came here seeking outside the box thinking. You are saying...
  40. https://www.bnnbloomberg.ca/commodities/video/albe...

    https://www.bnnbloomberg.ca/commodities/video/alberta-s-gas-city-plans-to-shut-down-2-000-money-losing-wells~1781374

    This is pretty much why I am asking about operating cost of the well.

    If I...
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