Decks
Advisory & Development

Texas Off-Grid
Natural Gas Power
Generation Consulting

Advisory Firm Lyncis Capital
  • Multiple natural gas power projects deployed across North America and Southeast Asia
  • Full-cycle site development: financial modeling, site selection, land negotiation, OEM sourcing — through to project energization
  • Project management consulting: full EPCM through delivery
Investment Thesis

Market Opportunity

Natural gas-powered mining farms combine stable cash flow with long-term upside potential — a structural asset offering both defensiveness and growth.

U.S. Natural Gas Basins
01

Short Payback Period

Quick start, 6-8 months to build. Achievable 16-18 month payback.

02

Cost Advantage

Permian Basin, Texas — consistently low gas prices, stable supply. Construction cost $400k-450k/MW.

03

Asset Liquidity

Highly marketized assets — can be packaged and sold to leading AI companies. Foundation for quick exit.

04

Asset Stability

U.S. geopolitical stability, regulatory compliance, and property rights certainty — a safety anchor for heavy asset investment.

Energy Source

Natural Gas

Permian Basin Advantage

  • Permian Basin is the largest oil & gas producing region in the U.S.
  • Shale oil extraction causes long-term natural gas surplus; prices can even go negative
  • Waha region is one of few U.S. areas with "structurally low gas prices"
NGI Waha Daily Prices

Pricing Structure

Gas Price = Waha Index
+ Transportation fee $0.3-0.8 / MMBtu
+ Pipeline construction one-time
1.3-1.6c/kWh
Power generation cost at current gas prices
>90%
Pipeline gas methane content

Gas Composition Analysis

DescriptionCurrent Value
Methane (%)94.6227
Ethane (%)1.55337
Propane (%)0.03119
Isobutane (%)0.00168
n-Butane (%)0.01033
Isopentane (%)0.00424
n-Pentane (%)0.00791
n-Hexane (%)0.04866
n-Heptane (%)0.02433
n-Octane (%)0.00811
n-Nonane (%)0
n-Decane (%)0
Nitrogen (%)3.67493
Carbon Dioxide (%)0.01256
Water (%)0
Hydrogen Sulfide (%)0
Hydrogen (%)0
Carbon Monoxide (%)0
Oxygen (%)0
Helium (%)0
Argon (%)0
Heating Value (Volume) (BTU/CF)993.2548
Site Selection

Land Selection

Progress

  • 10+ core land parcels secured — Ready to Build
  • Close to main roads — suitable for heavy equipment access and maintenance
  • Flat terrain, geologically stable, good drainage conditions
  • Outside City Limits — meets noise and compliance standards
  • Very close to natural gas pipelines (<3km)
Average pipeline construction cost: $1M / mile
All Sites — Ready to Build
Aerial view of land site
Aerial view — example site
Regional pipeline infrastructure
Regional pipeline infrastructure
Equipment

Power Generation Units

Gas turbine layout
37 m × 17 m (122 ft × 55 ft)
Option A

Gas Turbine

Due to current long lead times for new gas turbines (3-4+ years), used turbines can be sourced to shorten delivery and reduce cost.

Industrial reciprocating engine
Option B — Recommended

Industrial Reciprocating Engine (ICE)

EPA-certified, 1.2MW per unit, ~$310k/MW

  • 2,000-hour maintenance intervals — 60% lower O&M costs vs. mobile gensets
  • 3-month production cycle, shipped from Turkey, only 10% tariff
  • Exclusive 10% discount through advisory agreement
Compliance

Government Approval Process

TCEQ (Texas Commission on Environmental Quality)

Review is based on written technical documentation (emission calculations, drawings, models, process descriptions) — no on-site inspection required.

Pre-Construction

TCEQ Air New Source Review Permit / Permit By Rule

  • 3-6 months for approval
  • If under 10MW: 1-3 day filing, registration-based

TCEQ Construction Storm Water Permit

  • 1-3 day application
Post-Construction

Air Emission Inventory (EIQ)

  • All facilities with emission potential (stationary source) must submit annual air pollutant inventory to TCEQ

PSD (Prevention of Significant Deterioration)

  • For large-scale projects (e.g. 1GW) with high NSR pollutant levels, PSD review is legally required; BACT (Best Available Control Technology) becomes mandatory
Financial Model

ICE 30MW — Financial Summary

ICE Power Generation | Scale: 30MW
202620272028
COST ESTIMATE
Land Cost ($M)2.400
Construction Cost ($M)6.900
Equipment Cost ($M)9.300
Natural Gas Cost ($M)3.33.33.3
Total Cost ($M)18.63.33.3
PROFIT ESTIMATE
Electricity price: 7c/kWh — costs include everything except mining containers and miners
Revenue ($M)16.816.816.8
Total Cost ($M)21.93.33.3
Gross Profit ($M)-5.113.513.5
Cumulative Profit ($M) -5.126441341 8.4 21.9
~16 months
Estimated Payback Period
$21.9M
Cumulative Profit by 2028
$13.5M
Annual Profit (steady state)
Services

Cooperation Model

$40,000/MW

Power Plant Site Development Service

  • Full-cycle: from greenfield concept to Ready To Build (RTB) — one-stop consulting
  • Core services: financial modeling, feasibility reports, land acquisition, gas/genset/OEM/EPC integration, environmental compliance, O&M training, TCEQ coordination
  • Service concludes at RTB status; construction & execution phases are separate engagements
  • Option: provide fully developed project plans only — clients can choose to self-develop
Custom

Site Visualization Product

  • Custom dashboards: Texas natural gas & land monitoring, grid price monitoring, O&M data integration
  • Pricing: bundled with service package or sold separately
Technology

Visualization Product

Product: lyncis.capital

TX Mining Intelligence
Streets Satellite Topo
Search county or city…
Site Evaluation Mode
Zoom to Texas
Professional Mode
Layer A
Layer B1▾
Layer C
Layer D
Layer E
Layer F
City Limits
Wetlands (NWI)
Fiber Coverage
0100
Lubbock Wichita Falls Dallas Fort Worth San Angelo Odessa Austin Houston San Antonio Shreveport Del Rio Scurry
Scurry County B
Mining Suitability
Weighted composite score (0–100)
Factor A35%
Factor B25%
Factor C15%
Factor D15%
Factor E10%
Factor A
100%
Factor B
70%
Factor C
100%
Factor D
100%
ERCOT ZONE
WEST
METRIC A
$24.5/MWh
METRIC B
3 nearby
METRIC C
5 units
METRIC D
Attainment
METRIC E
1.7/100mi²