Fremont County, Colorado, home of the “Oldest, Continuously Producing Oil Field in the World”, Florence Oil field, not since 1892 a significant part of the nations oil supply has a new first. The first cryptocurrency mine in Colorado. The Fremont Energy #2 Pathfinder began selling stranded gas to AXP Energy to generate electricity to run computers for “mining” cryptocurrency in August, 2022. Since Florence oil field lacked an outlet for natural gas the oil well had been shut-in for 10 years. Fremont is pleased with its new production.
1 Like
Mineral owners should watch and make sure they are getting paid on both the oil and the gas.
This topic was automatically closed after 90 days. New replies are no longer allowed.