Oil & Gas vet turned Bitcoin miner, CEO @newwestdata. We own oil wells that generate profits by producing barrels and creating digital egress for stranded gas.
I'll be at the Global Energy Show at the BMO Centre next week and am looking forward to catching up with industry leaders. We've got a lot to discuss, not the least of which is how energy operators can solve the massive digital infrastructure power crisis.
Will you be there? Reply or DM me so we can meet up!
Great piece in @the_logic covering the growing AESO backlog for data centres in Alberta.
The provincial government has been incredibly bullish on data centres. While the political will is there, the physical grid is the ultimate constraint given the demand. It proves transmission bottlenecks are not just an ERCOT or PJM problem.
@NewWestData bypasses the public grid completely. We acquire pipeline-constrained energy assets and convert captive natural gas instantly into digital power right at the wellhead.
Zero grid wait times. Highly profitable off-grid compute.
Read the report here: https://t.co/ESwc8fNCdi
Joined the team at NYSE Wired Crypto Trailblazers to talk about solving the biggest bottleneck in digital infrastructure: power transmission.
The @NewWestData model is simple:
⚡️ Acquire pipeline-constrained energy assets
⚡️ Bring high-density compute directly to the wellhead
⚡️ Convert captive natural gas instantly into digital power
Our recently-announced Entrada acquisition proves the model by positioning us to triple our total production to 4,500 BOE/d and double our off-grid compute capacity to 35 MW.
By completely bypassing the public grid, we eliminate multi-year queues and build highly profitable, behind-the-meter infrastructure today.
Watch the segment here: https://t.co/SiRjsrhewG
@gemmaallensays@thecube@bjbaumann2014
Last week at the @AIM_Summit in London, we announced @NewWestData's planned acquisition of Entrada Resources, which stands to more than triple our production and more than double our off-grid compute to 35 MW.
By bypassing the public grid, we eliminate multi-year transmission queues and transform stranded assets into highly profitable, behind-the-meter infrastructure.
3/3: The tech sector is desperate for power, but grid transmission queues take years. Because we are 100% off-grid, we expect to energize our expanded compute capacity in just 9 months post-close. Energy operators are building the future of digital infrastructure. Read the details here: https://t.co/INq17Pav5j
1/3: Huge day for our team. @NewWestData has signed an LOI to acquire Entrada Resources in Central Alberta. This is a transformational leap expected to more than triple our production (4,500 BOE/d) and double our off-grid compute capacity to 35 MW.
2/3: For 6 years, we’ve proven that bringing compute directly to stranded gas at the wellhead is the ultimate efficiency hack. Now, the geographic concentration of these new assets provides the massive, localized scale needed to target high-density HPC and AI compute directly at the source.
We bring compute to our owned off-grid energy sources at dozens of locations across Alberta. Here's what oil production and natural gas-powered bitcoin mining looks like at one of our sites near Whitecourt: https://t.co/GX645FytkI
A strategy is only as good as the team executing it. I'm incredibly proud of our crew working near Grande Prairie - they are the best in the business at energizing off-grid power. Pure execution! 👇
We don't wait for public utilities to bring us power. We bring the compute to the power.
Expanding our off-grid infrastructure near Grande Prairie to bring 10+ MW of compute online in just weeks. No grid delays. Just physical execution.
Watch it happen: https://t.co/ksoX7RqZPm
Will you be in London for the @AIM_Summit? I'll be speaking with Taras Kulyk, CEO @SynteqDigital and @russellcann, CDO @Core_Scientific about mining, energy, and the new digital commodity cycle on May 19 - let's connect!
Appreciate the context from @TheEnergyMag. As major operators face a historic margin squeeze and rising grid costs, the need for sustainable, independent power generation has never been clearer.
By operating off-grid, we run at a fraction of the cost of other miners, protecting our margins and driving profitable growth.
Read the breakdown here: https://t.co/LwWfzf8OaL
It was a pleasure to speak with @SGBBarbour, @dfjonsson, and @_bradcuddy_ at #Bitcoin2026 about the importance of investing in energy to power compute. I shared @NewWestData's story about creating digital egress by using natural gas at oil wells to power bitcoin mining and compute. As the only vertically-integrated miner and oil and gas producer in the industry, our costs are at least 50% lower than other miners because we own - and control - our power supply.
AI's massive power demand will hit a regulatory wall if it competes with residential grids.
The fix? Stranded energy.
@newwestdata is turning an environmental liability at the wellhead into high-value compute. Data is cheaper to move than natural gas. ⛽️➡️💻
Billions are pouring into AI infrastructure, but paper megawatts don't run compute. ⚡️
The industry is paralyzed by 5-year grid interconnection queues in parts of the U.S. At @newwestdata, we bypass the grid entirely.
Off-grid. Vertically integrated. Energized today. Execution > Capital.
Incredibly sharp group! 💥
Spent yesterday at the University of Calgary with the 4th Year New Venture Finance undergrads.
We dove deep into how @NewWestData is vertically integrating compute with stranded natural gas to profitably solve the industry’s energy gap. We covered capital structure, energy markets, and the realities of building off-grid digital infrastructure.
The level of analytical thinking from this cohort was impressive. Great to see the next generation of finance leaders so engaged in the future of energy and compute convergence.
Grateful for the opportunity to highlight how we're bridging traditional oil and gas production and energy to compute at @NewWestData. https://t.co/BUEq55Gf5l (paywall)
Alberta is finally giving the AER the teeth to enforce municipal tax payments from oil & gas operators. The bad news? The $250M already owed to rural municipalities is likely gone forever. Moving forward, no taxes = no operating license. Data and transparency have never been more vital. https://t.co/1PzvDJb6Pp 🛢️📊 #OAG #AlbertaEnergy
$90 oil is rewriting Alberta's short-term economic outlook, as @ChrisVarcoe notes in the @calgaryherald. But the long-term economic driver is the convergence of our energy sector with digital asset infrastructure. Monetizing excess power is the future of AB tech. https://t.co/nx2yhibfAp
Had an incredibly productive time at Bitcoin Ski Summit last week in Jackson Hole: time very well spent with great industry people including my friend Manash Goswami, CFO @SynteqDigital