How 360 Energy Revived a Dormant Lease in the Permian | 360 Energy, Inc. posted on the topic | LinkedIn

360 Energy, Inc.
360 Energy, Inc.
Verified Source
2026-02-17 2 min read
**Key Insight:** The Permian Basin asset, previously shut-in due to stranded gas and no commercial pipeline options, is now monetizing natural gas at $10+ per Mcf, eliminating shut-in royalties, and actively drilling again.

💡 New Case Study: Reviving a Dormant Lease in the Permian

For over a decade, this Permian Basin asset sat idle — shut-in due to stranded gas and no commercial pipeline options. With 360 Energy's gas offtake solution, the operator is now monetizing natural gas at $10+ per Mcf, has eliminated shut-in royalties, and is actively drilling again.

This is what happens when gas monetization meets mobility.

📈 Read the full story:
https://lnkd.in/gD7PNJiK

#GasToCompute #OilAndGas #StrandedGas #PermianBasin #360Energy #flaring #DataCenters #EnergyInnovation

GasGx Editorial Insight
**Key Insight:** The Permian Basin asset, previously shut-in due to stranded gas and no commercial pipeline options, is now monetizing natural gas at $10+ per Mcf, eliminating shut-in royalties, and actively drilling again.

[Body Paragraph 1: Analysis of the market/tech situation]
The new case study highlights the potential for off-grid power generation and cryptocurrency mining economics in the Permian Basin, where natural gas monetization meets mobility. This suggests that operators can leverage their assets to generate revenue through alternative energy sources, potentially reducing their reliance on traditional commodity prices.

[Body Paragraph 2: The specific operational implication]
The operator's ability to monetize natural gas at $10+ per Mcf and eliminate shut-in royalties indicates a significant shift in their financial position. This could lead to increased investment in renewable energy infrastructure, as well as strategic partnerships with cryptocurrency mining operations.

[GasGx Take:] To address this trend, GasGx offers a range of solutions that can help operators optimize their energy use and reduce costs. Our LCOE Calculator can provide precise forecasting of the levelized cost of energy, helping operators make informed decisions about their investments. Additionally, our Smart Monitoring System can alert operators to potential issues before they become major problems, ensuring optimal uptime and maintenance.

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