This company deploys mobile, modular data centers to monetize stranded energy sources at the point of production. Their technology automatically matches compute demand to variable energy supply, providing on-site energy monetization for energy producers. The service is offered with zero upfront capital expenditure, helping partners meet ESG targets by utilizing otherwise wasted energy.
Funding
$23.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Oil and gas flaring, the burning of associated gas in oil fields, releases significant greenhouse gas emissions and harmful pollutants. This practice contributes to climate change, wastes a valuable energy resource, and can result in regulatory fines and reputational damage for oil companies.
Solution
Unblock offers Digital Flare Mitigation (DFM) solutions that convert wasted gas from oil fields into energy for high-performance computing, effectively eliminating flaring. By co-locating energy-intensive computing applications with gas sources, Unblock provides a practical use for the gas that would otherwise be flared. This approach enables oil companies to reduce emissions, operate more responsibly, and avoid potential penalties, while also protecting their social license to operate.
Target Audience
Unblock targets oil and gas companies, particularly those operating in Latin America, seeking to reduce flaring, improve environmental performance, and comply with environmental regulations.
Features
- Digital Flare Mitigation (DFM) technology that converts wasted gas into energy.
- Co-location of high-performance computing infrastructure with oil and gas operations.
- Reduction of greenhouse gas emissions and harmful pollutants associated with flaring.
- Compliance with environmental regulations and avoidance of potential fines.
- Mitigation of reputational risks associated with flaring.