Calgary company eyes power generation for bitcoin mining as stranded oil and gas well solution | Unpublished
Hello!
Source Feed: The Globe and Mail
Author: Emma Graney
Publication Date: January 8, 2026 - 06:00

Stay informed

Calgary company eyes power generation for bitcoin mining as stranded oil and gas well solution

January 8, 2026

A Calgary company that uses stranded oil and gas assets to power its own bitcoin mines says Alberta’s enthusiasm for new investment in data centres can play a role in solving some of the province’s worries around old wells.

New West Data Corp. buys up wells that are producing oil and gas, but the natural gas side of the operation is uneconomic, generally because of a lack of infrastructure to transport it off-site. The company then installs small, natural-gas-fired electricity generators at the sites to power mines.



Unpublished Newswire

 
Traffic bogged down for several hours on westbound Highway 417 near Moodie Drive Wednesday afternoon after a massive excavator machine slipped its chains on a transport trailer. Read More
January 29, 2026 - 09:56 | Norman Provencher | Ottawa Citizen
The Cree Nation of Mistissini in Quebec is on lockdown on Thursday after a “serious shooting incident that has resulted in multiple fatalities,” according to its chief. In a post on Facebook, Chief Michael Petawabano said the provincial police, Sûreté du Québec, and the local police, the Eeyou Eenou Police Force, were currently investigating. A Sûreté du Québec spokesperson told CBC...
January 29, 2026 - 09:45 | National Post Staff | National Post
The U.S. currently has multiple rounds of tariffs on key sectors of the Canadian economy, including steel, aluminum, autos and lumber.
January 29, 2026 - 09:42 | Uday Rana | Global News - Canada