Union Jack Companey Jack in the UK is planning to extract Bitcoin with a way that is cut off star-news.press/wp

Union Jack Oil, a UK Energy Company, has announced plans to convert natural gas from West Newton to electricity into Bitcoin mining, which represents what could become one of the first “oil to the Cripto” in the country.

This step can generate an early cash flow from wells that may remain in advance, the company He said Thursday in the operations report.

The project is followed up in partnership with Rathlin Energy and 360 Energy, which is based on the conversion of the gases that were cut off or outbreaks into energy centers on the site.

Under an incomplete intention letter, companies aim to spread computing technology in 360 to start the Bitcoin Mining directly at West Newton, according to organizational approvals.

If it succeeds, the new project may also lead to the “introduction” of the Jack Union “introducing a new strategy to the Bitcoin Ministry,” according to CEO David Bramehil.

West Newton: Discover, but it is still not developed

Union Jack Oil acquired its share in West Newton in 2019, after the Rathlin Energy operator hit the gas on the site. More drilling in the following years is among the largest wild gases Discoveries In the United Kingdom.

However, the site remains suspended due to delaying planning and organizational uncertainty, which slowed the development of the infrastructure needed to bring gas to the market.

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“The organizational uncertainty hindered progress,” said Bramehil.

Instead of awaiting approvals and infrastructure on a large scale, the Union Jack plans to use gas on the site to operate Bitcoin mining platforms, generating early revenues without relying on the time tables of traditional development.

“The developers and producers have forced the beach to think outside the box to make progress and achieve growth,” said Bramehil. The Bitcoin Mining Project described the proposal as “innovative” and provides “a strong field for sustainable return.”

Transform on how to invest energy

The Union Jack Oil Mining Initiative is part of a broader shift in how energy companies think about unused resources. Many oil and gas companies experience Bitcoin mining to achieve income from the gases that have been cut off or narrow and may be lost.

the model It is converting gas into electricity on the site and using it for mining bottles, avoiding delay and costs of communication with networks or construction pipes. Specialized service providers such as 360 Energy and Crusoe make this approach standard and developing.

The strategy is published elsewhere. In the northern US state of Dakota, Conocophillips launched a pilot program to provide excess gas to Bitcoin miners instead of annoying it.

In Argentina, the oil company TECPETROL has started using residue gas from drilling operations to operate mining platforms after facing borders on the amount of what it might launch in the environment.

In June 2025, the Canadian company Agriford launched an operation in Alberta mocking natural gas to operate 120 bitcoin mining platforms, with plans to expand two other sites.

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