Allied Energy Corporation Advances Gas Supply Infrastructure to Support Bitcoin Mining Partner at Thiel Site
Allied Energy Corporation (OTC: AGYP) is advancing its gas-to-power infrastructure at the Thiel site in partnership with Louis Energy Inc. to support Bitcoin mining operations. The company has achieved key milestones including the delivery of a second modular computing container, electrical installations, and security implementations.
The project aims to convert trapped natural gas into power for off-grid computing applications. Final phase preparations include the scheduled delivery of computing equipment, Starlink Wi-Fi connectivity, and system testing. Once regulatory approvals are secured, formal gas-to-power operations will commence.
AGYP highlights that over 1.4 billion cubic feet/day of gas is flared or vented in the U.S., with enough trapped gas existing to power over 10,000 MW of digital infrastructure. The company plans to expand its gas-to-power strategy to additional sites and develop carbon capture initiatives.
Allied Energy Corporation (OTC: AGYP) sta potenziando la sua infrastruttura gas-to-power presso il sito Thiel in collaborazione con Louis Energy Inc. per supportare le operazioni di mining di Bitcoin. L'azienda ha raggiunto importanti traguardi, tra cui la consegna di un secondo container modulare per il calcolo, installazioni elettriche e implementazioni di sicurezza.
Il progetto mira a convertire il gas naturale intrappolato in energia per applicazioni di calcolo off-grid. La fase finale prevede la consegna programmata delle apparecchiature di calcolo, la connettività Wi-Fi Starlink e i test di sistema. Una volta ottenute le approvazioni regolatorie, inizieranno formalmente le operazioni gas-to-power.
AGYP sottolinea che negli Stati Uniti vengono bruciati o rilasciati in atmosfera più di 1,4 miliardi di piedi cubi al giorno di gas, con una quantità di gas intrappolato sufficiente ad alimentare oltre 10.000 MW di infrastrutture digitali. L'azienda intende espandere la strategia gas-to-power ad altri siti e sviluppare iniziative di cattura del carbonio.
Allied Energy Corporation (OTC: AGYP) está avanzando en su infraestructura de gas a energía en el sitio Thiel en asociación con Louis Energy Inc. para apoyar las operaciones de minería de Bitcoin. La compañía ha alcanzado hitos clave, incluyendo la entrega de un segundo contenedor modular de computación, instalaciones eléctricas y la implementación de medidas de seguridad.
El proyecto tiene como objetivo convertir el gas natural atrapado en energía para aplicaciones de computación fuera de la red. La fase final incluye la entrega programada del equipo de computación, conectividad Wi-Fi Starlink y pruebas del sistema. Una vez obtenidas las aprobaciones regulatorias, comenzarán las operaciones formales de gas a energía.
AGYP destaca que en EE.UU. se queman o liberan más de 1.4 mil millones de pies cúbicos por día de gas, con suficiente gas atrapado para alimentar más de 10,000 MW de infraestructura digital. La compañía planea expandir su estrategia de gas a energía a más sitios y desarrollar iniciativas de captura de carbono.
Allied Energy Corporation (OTC: AGYP)는 Louis Energy Inc.와 협력하여 Thiel 부지에서 비트코인 채굴 운영을 지원하기 위한 가스-전력 인프라를 확장하고 있습니다. 회사는 두 번째 모듈식 컴퓨팅 컨테이너 배송, 전기 설치 및 보안 구현 등 주요 이정표를 달성했습니다.
이 프로젝트는 갇힌 천연가스를 오프그리드 컴퓨팅 애플리케이션용 전력으로 전환하는 것을 목표로 합니다. 최종 단계 준비에는 컴퓨팅 장비의 예정된 배송, Starlink Wi-Fi 연결 및 시스템 테스트가 포함됩니다. 규제 승인이 확보되면 공식적인 가스-전력 운영이 시작됩니다.
AGYP는 미국에서 매일 14억 입방피트 이상의 가스가 불태워지거나 배출되며, 갇힌 가스만으로도 10,000MW 이상의 디지털 인프라에 전력을 공급할 수 있다고 강조합니다. 회사는 가스-전력 전략을 추가 부지로 확장하고 탄소 포집 이니셔티브를 개발할 계획입니다.
Allied Energy Corporation (OTC : AGYP) fait progresser son infrastructure de conversion de gaz en électricité sur le site de Thiel, en partenariat avec Louis Energy Inc., pour soutenir les opérations de minage de Bitcoin. La société a atteint des étapes clés, notamment la livraison d'un deuxième conteneur modulaire de calcul, des installations électriques et des mesures de sécurité.
Le projet vise à convertir le gaz naturel piégé en énergie pour des applications informatiques hors réseau. La phase finale comprend la livraison programmée du matériel informatique, la connectivité Wi-Fi Starlink et les tests du système. Une fois les approbations réglementaires obtenues, les opérations formelles de conversion gaz-électricité débuteront.
AGYP souligne qu'aux États-Unis, plus de 1,4 milliard de pieds cubes par jour de gaz sont torchés ou rejetés, avec suffisamment de gaz piégé pour alimenter plus de 10 000 MW d'infrastructures numériques. La société prévoit d'étendre sa stratégie gaz-électricité à d'autres sites et de développer des initiatives de capture du carbone.
Allied Energy Corporation (OTC: AGYP) entwickelt seine Gas-zu-Strom-Infrastruktur am Standort Thiel in Partnerschaft mit Louis Energy Inc., um Bitcoin-Mining-Aktivitäten zu unterstützen. Das Unternehmen hat wichtige Meilensteine erreicht, darunter die Lieferung eines zweiten modularen Rechencontainers, Elektroinstallationen und Sicherheitsmaßnahmen.
Das Projekt zielt darauf ab, eingeschlossene Erdgas in Strom für netzunabhängige Rechenanwendungen umzuwandeln. Die Vorbereitungen für die Endphase umfassen die geplante Lieferung der Rechenausrüstung, Starlink-WLAN-Konnektivität und Systemtests. Nach Erhalt der behördlichen Genehmigungen werden die formellen Gas-zu-Strom-Betriebe aufgenommen.
AGYP hebt hervor, dass in den USA täglich über 1,4 Milliarden Kubikfuß Gas abgefackelt oder abgeblasen werden, wobei genug eingeschlossenes Gas vorhanden ist, um über 10.000 MW digitale Infrastruktur mit Strom zu versorgen. Das Unternehmen plant, seine Gas-zu-Strom-Strategie auf weitere Standorte auszuweiten und Initiativen zur Kohlenstoffabscheidung zu entwickeln.
- Converting wasted flared gas into a valuable asset for Bitcoin mining operations
- Infrastructure development nearing completion with key milestones achieved
- Partnership with Louis Energy Inc. for sustainable computing operations
- Large market opportunity with 1.4 billion cubic feet/day of gas being flared in the U.S.
- Potential for expansion to other high-potential sites and applications
- Project still pending regulatory P-5 approval
- Operations have not yet commenced, indicating no current revenue generation
- Dependent on Bitcoin mining economics and cryptocurrency market conditions
- AGYP advances gas-to-power site for sustainable Bitcoin mining operations
- Trapped gas converted to energy for off-grid AI & data infrastructure
- Thiel site prepares final testing and computing equipment delivery
- Natural gas solutions support decentralized computing and edge centers
CARROLLTON, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP) (”AGYP”), a Texas-based energy company focused on revitalizing underutilized domestic oil and gas resources, is pleased to provide a project update from the Thiel site where AGYP and its partner, Louis Energy Inc., are building out the infrastructure to deliver natural gas to support off-grid computing applications for Louis Energy Inc.
Key Infrastructure Achievements: Turning Trapped Gas into a Strategic Asset
AGYP and Louis Energy Inc. have been actively preparing the Thiel site to safely and efficiently channel natural gas to mobile containers for high-density computing. Completed milestones include:
- Delivery of second modular computing container
- Installation of on-site mobile office
- Electrical installation preparation between Generator 2 and Container 2
- Perimeter security fencing underway
- Gas supply systems under validation
- Generator test scheduled (pending P-5 approval)
- On-site technicians conducting diagnostics and testing
Planned Operational Advancements: Preparing for Final Integration
AGYP is entering the final phase of its infrastructure buildout at Thiel, including:
- Final cable installations and system optimization
- Delivery of 10 pallets of computing equipment scheduled for next week
- Wi-Fi connectivity via Starlink
- Generator testing and operational clearance
- Surveillance system installation
- Gas system gauges and fittings to be pressure tested
Once regulatory approvals are received, the site will begin formal gas-to-power operations.
The Bigger Picture: Trapped Gas – An Untapped National Resource
Stranded and flared gas—once considered a waste byproduct—is rapidly gaining traction as a sustainable, low-cost power source for decentralized infrastructure. AGYP’s work at the Thiel site is part of a broader push to transform U.S. energy usage:
Use Cases for Trapped Gas Beyond Data Mining:
- AI & Machine Learning Compute Farms – Powering high-density GPU systems
- Agritech – Supporting controlled-environment agriculture in remote areas
- Hydrogen Production – Fueling clean hydrogen from hydrocarbon sources
- Remote & Emergency Operations – Delivering mobile energy to military and disaster response sites
- Rural Electrification – Bringing energy to underserved communities through microgrids
- Data & Edge Centers – Supporting low-latency applications with local infrastructure
National Opportunity:
- Over 1.4 billion cubic feet/day of gas is flared or vented in the U.S.
(Source: U.S. Energy Information Administration, 2024) - Enough trapped gas exists to power over 10,000 MW of digital infrastructure
(Source: Digital Wildcatters & Giga Energy)
States like Texas, North Dakota, New Mexico, and Wyoming are seeing regulatory and ESG-driven momentum to utilize this untapped energy source.
“We’re positioning AGYP at the center of a new energy economy—where natural gas isn’t wasted but redirected toward powering real-world innovation,” said George Montieth, CEO of AGYP.
What’s Next for AGYP?
With Thiel nearing full operational status, AGYP is actively exploring additional partnerships and deployment models to expand its gas-to-power strategy to other high-potential sites. In addition, further updates regarding the company’s carbon capture, gas monetization, and off-grid computing ventures will be provided in the coming months, as previously outlined in AGYP’s February 27, 2025 update.
AGYP remains committed to turning America’s trapped gas into a strategic energy advantage.
About AGYP:
Allied Energy Corp. is an energy development and production company acquiring oil & gas reserves in some of the most prolific hydrocarbon bearing regions of the United States. The Company specializes in the business of reworking & re-completing 'existing' oil & gas wells located in the thousands of mature oil & gas producing fields across the United States. The Company applies its knowledge, experience, and effective well-remediation technologies to achieve higher production volumes, longer well life, and more efficient recovery of the proven and available oil and gas reserves in the fields/projects in which it has acquired an ownership interest. The Company will utilize updated technologies such as hydraulic fracturing ("fracking"), drilling of lateral ("horizontal") legs in productive zones, and utilizing new cased hole electric logging to locate bypassed pays, all to enhance daily rates and oil & gas recoveries. By acquiring interests in a growing number of selected projects in various regions, Allied Energy Corp. is diversifying its exposure and effectively minimizing risk as it pursues corporate growth, top line & bottom-line revenues to the benefit of all stakeholders. There are proven, recoverable reserves contained in the many aging oil & gas fields that have been bypassed by companies moving away from these fields in search of deeper, more plentiful, but more costly reserves. The Company plans to concentrate on bypassed oil and gas as there is less competition and, as mentioned above, the costs are considerably less. Additionally, the company will acquire interests in marginal wells that can be acquired at minimal cost, of which there are 420,000 wells in the U.S. Quoting Barry Russell, President of the Independent Petroleum Association of America ("IPAA") - "With approximately 20 percent of American oil production and 10 percent of American natural gas production coming from marginal wells, they are America's true strategic petroleum reserve.”
Safe Harbor Statement:
This press release may contain certain forward-looking statements that are within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements.
Contact:
Allied Energy Corporation
Phone: 972-632-2393
Email: info@alliedengycorp.com
X: https://x.com/AlliedEnergyCo1
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FAQ
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