Turnkey Services for Oil and Gas Companies

All the benefits of In-Field Mining without the learning curve or operational headache.

In-Field Mining Services vs Competing Models

Counterparties
Realized Gas Price ($ per Mcf)
Operating Requirements
Expected Uptime
Infrastructure & Technology
Expense Profile
Gas Volume Requirement
Deployment Risk
Capex Required
IFM Services
360 Mining
$10+
None
95%
Standardized
% of Realized Revenue
No
None
Yes
Do it Yourself
Many
$10+
Generators, Data Centers, Servers and more
60%
Bespoke
Highly Variable and Unpredictable
No
High
Yes
Sell Gas to 3rd Party
Bitcoin Company
$0.25
Some
80%
Bespoke
Minimal
Gas Dedication with Low Volume Penalties
Medium
No
Realized Profit per MCF
Single Commodity Risk
Monetization Options
Cash Payments
Diversification
Emissions Impact
In-Field Mining
$8+
Low
2-3
Daily
High
Significant
Traditional Natural Gas Operations
$0-1
High
1
45 Days Delayed
Limited
None

In-Field Mining is a Turnkey Service

360 Mining plans, commissions and operates your In-Field Mining deployments.

Gas Flare

Planning & Engineering

Planning &
Engineering

360 Mining analyzes your gas volumes, gas contents, site locations and company objectives to deliver customized, actionable, and fine-tuned deployment plans that meet the unique needs of every situation.
Gas Flare

Procuring & Comissioning

Procuring & Commissioning

360 Mining manages all aspects of procuring, delivering and commissioning your In-Field Mining deployments, with or standardized infrastructure, to ensure they are  deployed correctly, on time and with the utmost attention to detail.
Gas Flare

Operating & Servicing

Operating &
Servicing

Once you are deployed, 360 Mining will operate, monitor and service your In-Field Mining deployments so that you do not have to. All you are responsible for is flowing natural gas to the system and collecting your daily paycheck.

Attractive Economics that Scale1

360 Mining collects the Operating Fee % as the In-Field Mine operator

Gas Volume (Mcf/d)
300
1,000
3,000
Unit Economics ($ per Mcf)
Revenue
Operating Fee %
EBITDA
$12.0
20%
$9.6
$12.0
15%
$10.2
$12.0
10%
$10.8
Capex ($ in millions)
Deployment Cost
Payback (years)
$2.0
1.9
$6.0
1.6
$15.0
1.3

(1): In-Field Mining economics shown are for illustrative purposes only and are subject to change based on prevailing market conditions. Required gas volume at a single location starts 150 mcf per day and can scale to well over 10,000 mcf per day. The average In-Field Mining deployment takes 3-5 months from project commencement to operation.

    MCF per Day
300
1,000
3,000
Annual Cash Flow ($ in millions)
Revenue
Operating Costs
EBITDA
Capex
Payback (years)
$1.1
(0.2)
$0.9
$1.6
1.8
$4.0
(0.6)
$3.4
$5.1
1.5
$13.1
(1.6)
$11.5
$14.0
1.2
Unit Economics ($ per mcf)
Revenue
Operating Costs
EBITDA
$10.0
(2.0)
$8
$11.0
(1.7)
$9.3
$12.0
(1.5)
$10.5

(1): In-Field Mining economics shown are for illustrative purposes only and are subject to change based on prevailing market conditions. These economics are net of fees to 360 Mining. Required gas volume at a single location starts 100 mcf per day and can scale to well over 5,000 mcf per day. The average In-Field Mining deployment takes 60-90 days to complete.

Division of Responsibilities

Oil and gas companies focus on what they do best - producing hydrocarbons - while 360 Mining takes care of the rest.

Flow Natural Gas
Pay for Deployment Cost
Site Planning
EPC and Commisioning
Ongoing In-Person Operations
24/7 Remote Management
Generator and Data Servicing
360 Mining
Oil & Gas Company
    MCF per Day
300
1,000
3,000
Annual Cash Flow ($ in millions)
Revenue
Operating Costs
EBITDA
Capex
Payback (years)
$1.1
(0.2)
$0.9
$1.6
1.8
$4.0
(0.6)
$3.4
$5.1
1.5
$13.1
(1.6)
$11.5
$14.0
1.2
Unit Economics ($ per mcf)
Revenue
Operating Costs
EBITDA
$10.0
(2.0)
$8
$11.0
(1.7)
$9.3
$12.0
(1.5)
$10.5

(1): In-Field Mining economics shown are for illustrative purposes only and are subject to change based on prevailing market conditions. These economics are net of fees to 360 Mining. Required gas volume at a single location starts 100 mcf per day and can scale to well over 5,000 mcf per day. The average In-Field Mining deployment takes 60-90 days to complete.

Service Metrics

12

Deployed Units

2.5 Mmcf/d

Avg. Daily Production

285 PH/s

Active Hash Rate

7.5

Active MW

95%

Avg. Uptime

Ward, Schleicher, Concho, Wise, Montague, Hartley

Counties

Ready to get Started?

Schedule a consultation with 360 Mining to learn how you can leverage In-Field Mining on your existing natural gas streams.

Schedule a Meeting