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Happy Tycoon - Chapter 208

Published at 29th of September 2021 01:52:14 PM


Chapter 208: 208

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In the United States, there are two places where the semiconductor and computer industries are most concentrated, one is the famous California Silicon Valley, and the other is Austin, the capital of Texas, nicknamed "Silicon mountain".

The capital of many states in the United States is not the largest city in the state. For example, the capital of New York is not the largest city in the state, New York, but Albany; The capital of California is not Los Angeles, but Sacramento. Similarly, although Austin is the capital of Texas, Houston is the largest city in Texas.

Before the rise of Texas's oil economy, relying on the central railway, Austin was once the most important economic center of Texas. However, with the discovery of a large amount of oil in Texas, Austin's economic status declined a lot in Texas.

However, as the capital of Texas, Austin still holds many large-scale old oil well auctions every year.

Just like the old oil well auction attended by Yang Jing, it is the last old oil well auction held in Austin in 2017 and the largest old oil well auction this year.

According to the information inquired by Lin Dan, as many as 1375 old oil wells will be auctioned at the old oil well auction held today. The largest group is composed of 17 oil wells. This group of old oil wells is located in Kansas. It is 17 old oil wells in a closed small oil field.

Of course, there are many single old oil wells auctioned at the auction. Most of these old oil wells belong to the old oil wells that have been closed for a long time and have been auctioned several times or even dozens of times.

This kind of old oil well is almost ignored, so the price is surprisingly cheap.

It is like an old oil well near Beaumont, Texas. This oil well used to be a 10000 ton well with a daily output of 10000 tons. It belongs to an old oil well in the most famous "spindle top" oil field at that time. However, after more than ten years of uncontrolled exploitation, this old oil well, which once created brilliance, was shut down as early as the late 1930s.

The old oil well has also participated in dozens of auctions, but without exception, it has been sold out, so that up to now, many people have seen the old oil well at the auction more than once.

After dozens of flow auctions, the price of this old oil well has been reduced to an incredible price - $3.20!

Yes, this old oil well has been closed for more than 70 years, and the reserve price of the auction is only a mere $3.2!

But even so, the oil well is ignored.

After all, the old oil well has a long history. Even if it is photographed, it will take a lot of money to restore the operation of the old oil well.

The old oil well is like an old man. Although there is still breath, in the eyes of those profit oriented speculators, it seems that the old oil well is hopeless.

However, such an old oil well is a real treasure in Yang Jing's eyes.

At that time, the old oil well was at least 10000 tons. Even now, it is rare to see an oil well with a daily output of 10000 tons of crude oil. This is enough to prove that the oil field under the oil well contained a lot of oil. Although only heavy oil is being exploited now, there are definitely a lot of heavy oil.

So Yang Jing immediately motioned Lin Dan to photograph the oil well.

Yang Jing can't work in the United States because she has a business visa. Therefore, if she wants to shoot this old oil well, she must shoot it in the name of Lin Dan.

In fact, Yang Jing's B1 visa can't travel in the United States, but Yang Jing came to Texas with Lin Dan this time, which can be crowned with the name of business investigation. But if you want to invest and buy old oil wells in the name of Yang Jing, you can't.

The old oil well, which has been neglected for many years, was easily photographed by Lin Dan. Because it was Yang Jing's money, although the old oil well nominally belonged to Lin Dan, Shengjie recognized that the old oil well belonged to Yang Jing.

Because it is experimental, Yang Jing did not buy more old oil wells at this auction.

When the auction was over, Yang Jing and his party took a rented car and drove straight to Beaumont 400 kilometers away.

Beaumont is a small city in Texas, but its reputation is not small. At the end of the 19th century and the beginning of the 20th century, the most famous oil field in Texas and even the world was the "big mountain" about 6.4 kilometers south of Beaumont city center.

In fact, this "big mountain" is just a small highland 4.57 meters higher than the surrounding plain and about 1.6 kilometers in diameter. However, on this "big mountain", the world's first oil well with a daily output of 10000 tons of crude oil was made! The famous "spindle top" oil field is another name for this "mountain".

Beaumont's "mountain" is a truly miraculous place!

Gulf oil and Texaco oil, among the famous "Seven Sisters of oil", began to develop here.

The discovery of 10000 tons of oil wells immediately broke the Rockefeller family's standard oil monopoly on American oil, and immediately attracted many investors, adventurers and oil surveyors. Among them, the Mellon consortium, one of the eight major American consortia at that time, also looked here.

At that time, the famous William Mellon found Ge Fei and Gary, who had three high-yield wells, and invested US $1.5 million to jointly establish Ge Fei oil. William Mellon occupied half of the shares. A year later, Ge Fei oil was renamed Gulf oil, that is, Gulf oil, one of the seven famous sisters of oil in the future.

Karinan, one of the discoverers and developers of the kosikana oil field at that time, moved after the oil injection in the spindle top oil field, raised a sum of money from the eastern region, bought a batch of oil wells in the new oil field, established an oil refinery in Port Arthur and established the Texas Oil Company. The oil company has been smooth sailing since then and has become the "Seven Sisters of oil" One of the Texaco companies.

From this, we can see how important this small "mountain" is in the global oil industry!

But now, the town can no longer see the "kowtowing" pumping units that stood in those years. After the exploitable oil under the city has been exhausted, the town has regained its former calm.

Less than a kilometer away from the famous spindle top oil field, Yang Jing saw the old oil well photographed by herself.

The old oil well has been closed for more than 70 years, and during the nearly 80 year period, only one person showed interest in the old oil well in the 1970s. However, the investor who tried to restore the old oil well to its former style invested more than 100000 US dollars in exploration after opening the long closed oil well, As a result, the old oil well was completely closed again.

Now, the old oil well has ushered in its third owner again

The well is located on a private farm, not far from the Beaumont Petroleum Museum.

In the United States, private property is sacred and inviolable. As long as it is all in private land, the owner of the land has legal ownership.

However, with the promulgation of the mineral Leasing Act in 1920, this provision changed. This law, which has been promulgated for nearly 100 years, stipulates that minerals such as oil, natural gas and coal found on private land now belong to mineral developers rather than landowners. These minerals found on private land have no longer been involved with landowners.

Therefore, although the old oil well was on a private farm, after Lin Dan showed the relevant formalities of the old oil well, the farm owner had to pinch his nose to let Yang Jing in.

The old oil well is located in the center of the farm, centered on the oil well. About 900 square meters of land and related ancillary facilities around it belong to the owner of the oil well.

Many cash crops are planted on people's farm. As a result, the existence of this old oil well makes this about one and a half acres of land bare, just like a blank in a good oil painting.

No wonder other farmers are unhappy. Ask yourself, if you were a farmer, you certainly don't like such a small piece of land in your farm that doesn't belong to you.

It's like our country has a leased land belonging to foreigners. I'm uncomfortable, but I can't move it.

According to the relevant agreement, the farmer shall not obstruct the owner of the oil well from all kinds of work in the oil well. This is an agreement signed when selling the farm and is protected by law.

Therefore, the farmer led Yang Jing and them to the oil well and left with his pickup.

Although the oil well has been closed for more than 70 years, and was opened by the previous owner in the 1970s, various facilities of the oil well have been retained, and at least the necessary power facilities are still available. As long as the gate is closed at the other end of the power line, there can be electricity here.

After checking the relevant facilities, Yang Jing also had to lament that the old American thing is made. These facilities have experienced at least more than 40 years of ups and downs. Even if they have become rusty, they can still be used after a little cleaning.

However, because the old oil well has long been closed, the pumping unit has long been gone.

"Brother Yang, this oil well has no value to be exploited again. Even if we take over and want to exploit again, at least we need to get another pumping unit. But I think even if this well can produce crude oil, I'm afraid the extracted crude oil is not worth a pumping unit."

Lin Dan was right. If the well could produce tens of thousands of barrels of crude oil, I'm afraid the previous owner would not take away all the pumping units. Obviously, the previous owner completely shut down the oil well because he felt that the old oil well had no value for further exploitation. Even the most important pumping unit was taken away and sold for money

In fact, although the well has been closed, in fact, the old oil well is a completely abandoned well. Otherwise, there would not be such a low auction price.

But it doesn't matter. Yang Jing didn't really want to re exploit the oil well when he bought it. Even if you let him produce oil, he doesn't understand.

Yang Jing waved her hand and looked at the oil well that had been completely shut down. Then she asked Lin Dan, "Xiao Lin, how much does it cost to reopen the oil well? Is it troublesome?"

Lin Dan shook his head and said, "I don't know much about this, but we can consult. Brother Yang, wait a minute, I'll call and ask."

With that, Lin Dan took out his mobile phone and started dialing. More than ten minutes later, Lin Dan said with a smile: "brother Yang, there will be professionals coming to have a look in a while."

Yang Jing nodded, looked up at the warm sun, looked at this large farm, smiled and said, "the big farm in the United States is Niubi. We rarely see such a big farm in China."

Lin Dan glanced and said, "brother Yang, this farm is nothing. If you go to the northwest of Texas, the farm there will be big. Brother Yang, have you heard of Wagner farm?"

Yang Jing shook her head. Lin Dan said excitedly, "this Wagner farm is known as the largest farm in the United States, with an area of more than 2000 square kilometers, which is bigger than the two Hong Kong Islands. Compared with Wagner farm, it is like the gap between ants and elephants."

When Yang Jing heard this, she couldn't help but smack her tongue. "Shit, more than 2000 square kilometers of farm land? So big?"

"Well, it's really so big. Wagner farm has 510000 acres of land, which is 2064 square kilometers in metric units. In that super farm, there are 1200 such oil wells alone! The best comparison is that the 1200 oil wells occupy only about one tenth of the land of Wagner farm, and nearly 90% of the land of Wagner farm is not used There has been no exploration and development of oil and gas resources. "

"Shit, how can I hang like this? If I buy that farm and find new oil and gas fields in it, I won't send it yet?"

"Well, that's it! However, even if Wagner farm is sold, it is not allowed to continue to explore and exploit oil and gas in it. It is said that it is to ensure the consistent tradition of Wagner farm."

"Tut Tut, with such good resources, it's an outrageous thing not to allow development. By the way, is Wagner farm really going to take out?"

"Well, in fact, Wagner farm was ready for sale the year before last, but the sale price was as high as $725 million..." Chris Barton also interrupted, "A few years ago, I visited that farm. It's really good, but the price is too high for ordinary people to afford. But those rich people are unwilling to invest their money in this traditional agriculture and animal husbandry, so the super farm has not been sold yet."

As soon as Yang Jing heard this number, she felt a little sore. Shit, $725 million, that's about 4.5 billion national dollars!

Well! Who do you love? Anyway, we can't afford it now! I really can't afford it! Listen to a joke





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