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Happy Tycoon - Chapter 207

Published at 29th of September 2021 01:52:15 PM


Chapter 207: 207

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Chris Barton, John Bruno and James Lin will be Yang Jing's closest partners during this period in the United States.

Chris and John, the two bodyguards, are responsible for the safety of Yang Jing and Lin Dan, while Lin Dan is responsible for all Yang Jing's auxiliary work in the United States.

Yang Jing has money in his pocket, but he knows nothing about the United States. He has never been to the United States before. Although he learned a little about the United States by reading materials before coming, he still has to rely on a local snake to do auxiliary work for him.

Lin Dan, an inspiring young man, is obviously in line with Yang Jing's appetite. He is smart enough and knows enough about the United States. With him, Yang Jing can safely and boldly do some work.

Lin Dan first accompanied Yang Jing to apply for a bank card at a Citibank not far from the branch, and then took Yang Jing and two other bodyguards to Chinatown, where he ate a very rich and authentic Cantonese food. Only then did he live in a good hotel with Yang Jing.

"Brother Yang, where are we going tomorrow? You'd better tell me in advance so that I can make preparations in the evening."

"Well, brother, I want to ask if there is an old oil well auction in San Francisco?"

"Old oil well auction?" James Lin asked strangely. "Although California is also rich in oil resources and many oil wells are also old oil wells, there is no old oil well auction here in San Francisco."

After a pause, James Lin said: "The onshore oil fields in the United States are mainly distributed in the central and southwest of the United States, California and Alaska, such as Mississippi, Kansas, Texas, Louisiana, Arizona, New Mexico and other states, which are rich in oil. However, in these States, such as Texas, which belongs to the first state to develop oil fields, the old oil fields and There are many old oil wells. Most of the oil fields here have been developed for more than 100 years, so there is basically no potential to tap. Therefore, most of the old oil wells are auctioned in Houston, Dallas, Austin and other cities in Texas. Of course, many old oil wells are auctioned every year in New Orleans, Memphis and Kansas. As for California, old oil wells are auctioned Most of them are sold in Los Angeles and San Diego. "

Yang Jing nodded when he heard the speech, thought a little and said, "Xiao Lin, you will be involved this evening to check and see where and when the recent old oil well auction was held."

"Brother Yang, are you buying an old oil well?" Lin Dan asked.

"Well, I'm a little interested in this area, so I want to try to enter this industry."

"Well, I'll check it tonight. Although Rongbao mining mainly deals in metal minerals, there are many old friends in the oil industry. Don't worry, you can find out soon."

When Lin Dan walked out of the room, Yang Jing threw herself into the sofa and bowed her head to consider the plan for these days.

Yang Jing's desire to buy old oil wells is not aimless, because in China, he once tried to absorb some natural things to increase the natural gas reserves in the holy ring, but the effect of other things is not very obvious, including crude oil.

There is a petrochemical plant in Tianqu city. Several students of Yang Jing's uncle li long work in this plant. Therefore, Yang Jing has the opportunity to contact the raw material of this petrochemical plant - Petroleum.

As a mineral that has been brewed by the earth mother for tens of millions or even hundreds of millions of years, oil is also the essence of the earth, so Yang Jing wants to try to see if there is natural gas in oil.

What excites Yang Jing is that there is natural gas in the oil, but it is also disappointing that there is too little natural gas in the oil.

Yang Jing entrusted his uncle's classmates to buy ten liters of crude oil from the petrochemical plant. As a result, the natural gas contained in the ten liters of crude oil is pitiful. The natural gas contained in the ten liters of crude oil can't even increase the natural gas gathering pool by one ten thousandth

Originally, Yang Jing gave up crude oil, but during that time, Yang Jing tried many things, and the results were no better than crude oil.

According to the natural products Yang Jing tried, in addition to gemstones such as jade and jadeite, precious metals such as gold and platinum also contain a lot of natural gas, but other things contain much less natural gas, including diamonds that Yang Jing thought should contain a lot of natural gas.

In terms of value, diamonds are much more valuable than jadeite and Hotan jade. However, such precious diamonds contain less natural gas than copper in the same volume, just a little more than crude oil

This discovery also made Yang Jing fully understand why many people say that diamonds are all fried, and their value is not even as valuable as a piece of coal of the same volume.

Coal can be ignited to keep you warm when you're cold, but what's the use of diamonds? Do you think diamonds can burn or build a house? Apart from being hard, they can refract light. They're useless!

Moreover, diamond is a simple crystal composed of carbon, which is abundant in the earth's interior, and its essence is no different from graphite. But under the hype of some interested people, diamonds have become the most precious gemstones on the planet

So Yang Jing completely died of diamonds. Of course, even if he doesn't give up, neither diamonds nor diamond mines can be touched by him now.

However, it is also because of diamonds that Yang Jing remembered a previously neglected mineral, that is oil.

Oil, which is similar to the natural gas contained in coal and base metals, belongs to very few. But what if there is a lot of oil?

As the saying goes, sand gathers to form a tower, water gathers to form a sea, and trees gather to form a forest. These idioms studied by Chinese ancestors are not in vain, but contain supreme truth.

Yes, there is very little natural gas in oil, but what if there is enough oil? Ten liters is no good. Let's get him 100000 barrels. 100000 barrels is not enough. Let's get him one million barrels or even ten million barrels!

As long as there is enough oil, there is no need to worry about natural gas!

Similarly, if there are more coal and more base metals, there can also be enough natural gas.

If you want to accumulate so many minerals, you must have at least one or more mines, otherwise you can't absorb enough natural gas at all.

But whether it is coal or base metal mines, they are not what they can get at present, let alone more valuable precious metal mines or diamond mines.

The only possible mine is the oil well! To be exact, it should be those old oil wells that have been unable to extract crude oil!

The sudden thought of diamonds is one of the main purposes of Yang Jing's visit to the United States.

Oil field mining is different from other mineral mining. On this planet, almost all other minerals are mined as much as they are, and it is impossible to leave minerals at all. But oil extraction is different.

Oil was discovered by human beings long ago, but it was not widely used for a long time.

However, at the end of the 19th century, with the emergence of internal combustion engines, the importance of oil immediately became prominent. Until now, oil has become the second largest natural energy on the planet after coal.

The earth's oil reserves are still very considerable, but because of its physical characteristics, the exploitation of oil is doomed to be different from that of other minerals. For the exploitation of other minerals, the mine owner wants to dig the ground three feet and dig all the minerals, but the oil is not successful. Every oil owner wants to exploit all the oil in the oil field, but that is obviously impossible. At least at this stage, it seems that no one on the planet can do this.

Human exploitation of oil has a history of more than 100 years, but even with the development of human science and technology, there is nothing to do about oil exploitation.

Because the oil resources contained in an oil field can be exploited up to 35%, which is still a large number. The exploitable quantity of most oil fields is only about 30%.

In other words, for an oil field with a reserve of 10 billion barrels, at most, only 3.5 billion barrels of crude oil can be exploited. The remaining 6.5 billion barrels of crude oil can only continue to sleep under the dark rock strata. At least in recent decades or even hundreds of years, mankind can not exploit the excessively viscous heavy oil.

Therefore, this old oil well with a large amount of heavy oil left has become a chicken rib in the eyes of those big oil companies - tasteless food, but a pity to abandon it.

Generally speaking, the development of an onshore oil well is about US $1 million to US $2 million. When such an oil well with an investment of US $1 million reaches the final heavy oil stage, there is little oil that can be extracted. If we continue to exploit, we will have to bear the huge labor, power and maintenance costs. For those large oil companies, it is very inappropriate to exploit crude oil in such old oil wells.

However, it is obviously inappropriate to abandon an oil well with an investment of millions of dollars, so over time, a new business has emerged, that is, the auction of old oil wells. That is, the old oil wells originally belonging to large oil companies are auctioned to individuals for operation and exploitation.

These old oil wells are chicken ribs for large companies, but they are still attractive to some private bosses. The private exploitation of such old oil wells has low cost. As long as a certain amount of crude oil can be exploited, it is still profitable.

Especially if you are lucky enough to find new oil and gas reservoirs from the old oil wells photographed, it means you are rich.

This kind of thing has not happened. A magical thing has happened in the United States, where the auction of old oil wells is the most prosperous.

At an old oil well auction in the new century, a Californian named "Scott Lee" auctioned 14 old oil wells in a small discontinued oil field in Mississippi at a total price of $34000. The 229 acre old oil field was discovered in 1952 and discontinued in 1974 after more than 20 years of exploitation, 4.09 million barrels of Communist oil.

The 14 old oil wells in this oil field were finally shut down due to high water production. After photographing these 14 old oil wells, Scott Li immediately invested millions of dollars to re survey these old oil wells. It took more than half a year to find that there are still seven oil and gas reservoirs in this old oil field that have not been exploited!

Although the seven oil and gas layers are very thin, it is estimated that the geological reserves of the unprocessed gas layer are as high as 24 million barrels, and the recoverable reserves are as high as 7.2 million barrels, more than 3 million barrels more than the total output of 4.09 million barrels in the past 22 years!

According to the analysis of experienced operators in the United States, Scott Lee's return on this small oil field is as high as 73.36 times, that is, when Scott Lee redevelops this old oil field without counting the funds invested by Scott Lee in auctioning old oil wells, he can make a profit of 73.36 dollars for every dollar invested! The payback period of the whole investment is only 9-11 months. As for the cost of crude oil per barrel, it is only $3.

This is an example of getting rich overnight. Now Scott Lee is a real billionaire!

There are more than three million old oil wells in the United States. There are a lot of business opportunities in these old oil wells that are almost shut down or simply shut down.

These business opportunities make countless people who want to be the second Scott Li go to participate in the bidding of old oil wells every day, but for Yang Jing, he has no interest in oil exploitation. He just wants to buy several old oil wells and secretly absorb all the natural gas contained in the remaining 65% or even 70% of the heavy oil in the old oil wells!

Ten liters of crude oil contains very little natural gas, but what if more?

A barrel of crude oil is about 159 liters, and how much heavy oil is contained under an old closed well? I dare not say tens of millions of barrels, but there are hundreds of thousands of barrels. If so much crude oil belongs to you, you have to let the holy ring absorb enough?

An old oil well is not good. Let's buy more old oil wells. Anyway, the auction price of old oil wells is not high.

There are many old oil wells in the United States. Some old oil wells with good conditions can even bid a high price of millions of dollars, but the auction price of more old oil wells is very low.

The auction prices of many closed old oil wells are incredibly low, and the auction price of one closed old oil well is even less than $100. Of course, almost no one cares about this old oil well.

But others are not interested in such old oil wells, which does not mean that Yang Jing is not interested. Others cannot exploit the remaining heavy oil in the old oil well, but these heavy oil will be a rare tonic for the holy ring

It is for this reason that Yang Jing decided to come to the United States.

Photographing several old oil wells is one of the main purposes of Yang Jing's visit to the United States this time.

The next morning, Lin Dan sent Yang Jing a report, which Lin Dan found out overnight last night.

The nearest auction of an old oil well will be the day after tomorrow in Austin, the capital of Texas

PS: bow to thank the 1000 reward of "desperate to spend half a night" and the 500 reward of "Ziyan Tianjiao".





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