Crusoe Energy Systems
New Financings
Closed Series B equity financing led by Valor Equity Partners with participation from Lowercarbon Capital…
Secured a non-dilutive project financing facility from Upper90. Proceeds will be used to pursues its…
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News
AI in Oil: Revolution’s Coming, but Tech Adoption Remains Tentative
CERAWeek experts say AI will disrupt oil and gas jobs while new opportunities will emerge as the industry braces for an AI-driven workflow transformation.
Digital Pipeline: XCL Resources Harnesses Excess Gas for Bitcoin Mining
In areas with limited takeaway capacity like the Uinta Basin, using natural gas to power bitcoin mining can prevent operators from having to shut in production.
Crusoe Energy Partners with XCL Resources to Uinta Basin Reduce Emissions
Under the agreement with XCL, Crusoe will use its Digital Flare Mitigation technology to add 6 MMcf/d of XCL’s production in the Uinta.
Ending Routine Flaring with Digital Flare Mitigation
Crusoe Energy Systems has pioneered a unique solution that provides shale oil and gas companies with an effective, reliable, and cost-free alternative to routine flaring by leveraging a technology that harnesses stranded methane to enable energy-intensive computation.
Flared Gas Crypto Mining: From Commodity to Currency
Once gone to waste, flared gas is becoming the energy source of choice to power advanced computing systems used for cryptocurrency.
Crypto-mining with Rockies Shale Gas
Crusoe Energy President and Co-founder Cully Cavness explains a fast, low cost and simple solution to natural gas flaring for shale producers in the Rockies.
DUG Permian: Panel: The Methods of Methane Mitigation
Technology experts tell how monitoring methane is becoming easier, more efficient and more important.
Kraken and Crusoe Energy to Deploy Digital Flare Mitigation Systems in Bakken
Kraken Oil & Gas has engaged Crusoe Energy Systems Inc. to deploy 18 Digital Flare Mitigation (DFM) modules between three oil and gas production sites in eastern Montana and one site in North Dakota, the company said on Oct. 7.
2020 Special Meritorious Awards for Engineering Innovation
An expert panel of judges has selected the top 25 industry projects that open new and better avenues to the complicated process of finding and producing hydrocarbons around the world.
Crusoe Energy Systems Appoints Matthew DeNezza as CFO
Energy finance veteran and former Meritage Midstream CFO has been added to the digital flare mitigation and distributed cloud computing leadership team.
E&P Special Report: Keeping a Lid on GHG Emissions
Oil and gas operators and service providers maintain a long-term view on emissions management.
Oil, Gas Companies Stepping Up During Coronavirus Pandemic
The following is a sampling of companies in the oil and gas industry stepping up during this COVID-19 pandemic to help make a difference, including BP, Chevron, Petrobras and more.
Crusoe Reduces Natural Gas Flaring Using North Dakota, Wyoming, Colorado Data Centers
Across its existing projects, Crusoe has already eliminated more than 25 million cubic feet (MMcf) of natural gas flaring, significantly reducing air emissions for local communities as well as regulatory challenges faced by oil and gas companies.
Finding A Use For Flared Gas
System turns associated gas into electricity for data centers.