Crusoe Energy eyes 286 new Colorado jobs
Topics: CRUSOE ENERGY COLORADO
The company, founded in 2018, currently has 58 employees, 20 of whom are in Colorado. Crusoe has pioneered a cost-effective way to capture flaring and environmentally harmful emissions associated with oil and gas extraction, and convert those byproducts into electricity for use in modular, mobile data centers deployed directly to the well site.
To meet the explosive demand for this cutting-edge technology, Crusoe will expand its headquarters to support the company’s multi-basin operations.
Positions will include operations, engineering, safety, environmental, accounting, finance, legal, human resources, technology, business development and sales & marketing. The average annual salary for these positions is expected to be $122,795 -- 171 percent of Denver County’s average annual wage.
Crusoe Energy Systems provides innovative solutions for the energy industry. By converting natural gas to energy-intensive computing, Crusoe’s Digital Flare Mitigation service delivers an environmentally sound way to create a beneficial use for otherwise wasted natural gas.
Crusoe has deployed flare mitigation projects in Wyoming’s Powder River Basin oilfield, Colorado’s Denver-Julesburg oilfield and North Dakota and Montana’s Bakken oilfield. Systems are scalable up to millions of cubic feet per day and can be deployed rapidly to even the most remote locations.
Colorado competed with Nebraska, Montana, and North Dakota for Crusoe’s headquarters. Key decision-making factors were proximity to their existing operations, ability to hire locally or attract the necessary talent, and the total annual cost of operations. ■