Abandoned wells in Texas. An environmental mess. Interesting though when one looks at them. Am looking at the data on one that it's last day of production was generating enough gas to power a small genny that could run 35 S21s. Interesting that these things are not simply being snapped up yet but maybe bitcoin will help to incentivise cleaning up in the near future! I'm certainly gonna try!
#energy #bitcoin
I was thinking of you the other day, and wondered how you were progressing with your grand experiment. Thanks for posting! Keep us updated please.
Slowly. I have to de-risk this as much as possible. I have studied through 2428 wells so far and gigabytes of data. Takes time. I have 318 downloaded tiff logs of data, some of which is illegible scans from the 1960s and 70s and have been downloading pdf copies of microfiche information from the railroad commission. Let's just say it's certainly proof of work but there are little potential gems in there from what I can see. Partner working on getting all the paperwork and permits together. Not necessarily easy to do around day job but we are making progress through the data at least!
