Happy Tycoon
Chapter 208: Old oil well in Beaumont
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" in Texas.
The capital of many states in the United States is not the largest city in the state. For example, the capital of New York State is not the state’s largest city, New York, but Albany; the capital of California is not Los Angeles, but Sacramento. Similarly, although Austin is the capital of Texas, the largest city in Texas is Houston.
Before the rise of the oil economy in Texas, relying on the Central Railway, Austin was once the most important economic center of Texas, but with the discovery of a large amount of oil in Texas, Austin’s economic status was in Texas. Sri Lanka landed a lot.
But in any case, Austin, as the capital of Texas, holds many large-scale old oil well auctions here every year.
It seems that the old oil well auction that Yang Jing participated in was the last old oil well auction held in Austin in 2017, and it was also the largest old oil well auction this year.
According to the information obtained by Lin Dan, as many as 175 old oil wells will be auctioned at the old oil well auction held today. The largest group will consist of 17 oil wells. This group of old oil wells will be located in Kansas. It is seventeen old oil wells in a small oil field that has been shut down.
Of course, there is no shortage of single old oil wells at auctions. Most of these old oil wells belong to the kind of old oil wells that have been shut down for a long time and have gone through several or even dozens of auctions.
This kind of old oil well is almost nobody cares about, so the price is amazingly cheap.
It is like an old oil well near Beaumont, Texas. This oil well was once a 10,000-ton well with a daily output of 10,000 tons, belonging to an old oil well in the most famous "spindle top" oil field of the year. However, this old oil well, which had created a glorious past, was shut down as early as the end of the 1930s after more than ten years of uncontrolled mining.
This old oil well has also participated in dozens of auctions, but without exception, it is unsuccessful, so much so that many people have seen this old oil well at auction more than once.
After dozens of unsuccessful auctions, the price of this old oil well has been reduced to an unbelievable price-.2 dollars!
That's right, this old oil well, which has been shut down for more than 70 years, has an auction reserve price of only .2 dollars!
But even so, no one cares about this oil well.
After all, the history of this old oil well is too long. Even if it is photographed, it will take a lot of money to restore the operation of this old oil well.
This old oil well is like an old man. Although there is still a tone, in the eyes of those profit-oriented speculators, this old oil well is already hopeless.
However, in Yang Jing's eyes, such an old oil well is an out-and-out treasure.
At that time, this old oil well was a 10,000-ton well at any rate, and an oil well capable of producing 10,000-ton crude oil per day is rare even now. This is enough to prove that there was a large amount of oil in the oil field below this oil well. Although there is only heavy oil left to be mined now, the amount of heavy oil is definitely a lot.
So Yang Jing immediately signaled Lin Dan to take this oil well.
Because Yang Jing was on a business visa and could not work in the United States, if he wanted to photograph this old oil well, he had to do it in the name of Lin Dan.
In fact, the B1 visa that Yang Jing took can not be used to travel in the United States. However, Yang Jing came to Texas with Lin Dan this time, and it can be named as a business investigation. But if you want to invest in old oil wells in the name of Yang Jing, you can't do it.
This old oil well, which has been uninterested for many years, was easily photographed by Lin Dan. Because it was Yang Jing’s money, although the old oil well belonged to Lin Dan in name, the Holy Ring recognized this old oil well. The oil well belongs to Yang Jing.
Because it was experimental, Yang Jing did not buy more old oil wells at this auction.
When the auction was over, Yang Jing and his party of four took a rented vehicle and drove straight to Beaumont, 400 kilometers away.
Beaumont is a small city in Texas, but the city's 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" located about 6.4 kilometers south of downtown Beaumont.
In fact, this "big mountain" is just a small highland 4.57 meters higher than the surrounding plains and about 1.6 kilometers in diameter. But on this "big mountain", the world's first oil well with a daily output of 10,000 tons of crude oil was drilled! The famous "Spindle Top" oil field is another name for this "big mountain".
The "Big Mountain" of Beaumont is an out-and-out miracle place!
Gulf Petroleum and Degussa Petroleum in the famous "Seven Sisters of Petroleum" were developed from here.
After 10,000 tons of oil wells were discovered here that year, it immediately broke the Rockefeller family's standard oil monopoly on American oil, and immediately attracted many investors, adventurers and oil prospectors to gather here. Among them, the Mellon Consortium, one of the eight largest consortia in the United States at the time, also set its sights on this.
At that time, the famous William Mellon found Ge Fei and Ge Li, who had three high-yield wells, and invested 1.5 million US dollars to jointly establish Ge Fei Petroleum. William Mellon occupied half of the shares. One year later Ge Fei Petroleum changed its name. It is Gulf Oil, which is one of the seven oil sisters that will become famous in the future.
At that time, Karinan, one of the discoverers and developers of the Keshicana oil field, moved over after the injection of oil in the spindle top oil field, raised a sum of funds from the eastern region, and bought one of the new oil fields. Produced oil wells and established an oil refinery in Port Arthur, and established the Texas Petroleum Company. The oil company has been smooth sailing since then and has become Texaco, one of the "Seven Sisters of Petroleum".
From this we can see how important this small "mountain" is in the global oil industry!
But now, this small town can no longer see the "kowtow" pumping units that lined up in the past. After the exploitable oil under the city was exhausted, the town has restored its former calm again.
Less than one kilometer away from the famous spindle top oil field, Yang Jing saw the old oil well that he had photographed.
This old oil well has been shut down for more than 70 years, and during the nearly 80 years of shutting down, only one person ever showed interest in this old oil well in the 1970s, but this attempt to make Investors who regained their former grace in this old oil well, after opening the well that had been shut down for a long time, invested more than 100,000 U.S. dollars in surveys, and finally they completely re-sealed the old oil well.
Now, this old oil well has once again ushered in its third owner...
This oil 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 everything in private land, the owner of the land has legal ownership.
But when the United States promulgated the Mineral Lease Act in 1920, this rule changed accordingly. Because this law, which has been promulgated for almost 100 years, stipulates that the minerals such as oil, natural gas, and coal found on private land no longer belong to the land owner, but belong to the mineral developer. These found on private land Minerals no longer have any involvement with the land owner.
So even though the old oil well was in a private farm, after Lin Dan showed the procedures related to the old oil well, the farm owner had to pinch his nose to let Yang Jing and the others enter.
The old oil well is located in the center of the farm. With the oil well as the center, the surrounding land of approximately 900 square meters and related ancillary facilities belong to the owner of the oil well.
Densely dense cash crops were planted on their farms, but because of the existence of this old oil well, this land of about one and a half acres became bare, as if a gap suddenly appeared in the middle of a good oil painting.
No wonder the farmer is upset and asks himself. If he is a farmer, he certainly doesn't like such a small piece of land on his farm that does not belong to him.
It's as if there is a leased land belonging to a foreigner in one's own country.
According to the relevant agreement, the farmer shall not obstruct the oil well owner’s various work in the oil well. This is an agreement signed when the farm is sold and is protected by law.
Therefore, after the farmer led Yang Jing and the others to the oil well, he drove away in angrily.
Although the oil well has been shut down for more than 70 years, and it was opened by the previous owner in the 1970s, the various facilities of the oil well have been preserved. At least the necessary electrical facilities are still there. When the other end of the power line is closed, then electricity can be used here.
After inspecting the related facilities, Yang Jing also had to sigh that these old and beautiful things are made by craftsmanship. These facilities have experienced at least forty years of ups and downs, even if they have become rusty. It still works.
However, because this old oil well has been closed long ago, the pumping unit has long been gone.
"Brother Yang, this oil well has no re-exploitation value. Even if we take over and want to re-explore, at least we need to get another pumping unit. But I think, even if this well can be exploited After the crude oil is produced, I am afraid that the crude oil extracted is not enough for the value of a pumping unit."
What Lin Dan said is correct. If this well can produce tens of thousands of barrels of crude oil, I am afraid that the previous owner will not take away all the pumping units. Obviously, it was precisely because the previous owner felt that this old oil well was really worthless, and this completely shut down the oil well, and even the most important pumping unit was taken away..... .
In fact, although this well has been closed, in fact this old oil well is already an out-and-out abandoned well. Otherwise, there won't be such a low auction price.
But it doesn't matter. Yang Jing bought this oil well, but he didn't really want to re-explore it. He didn't understand if you asked him to produce oil.
Yang Jing waved his hand and looked at the oil well that had been completely shut down. Then he asked Lin Dan, "Xiao Lin, how much money will it cost to reopen this oil well? Isn't 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 to ask."
After speaking, Lin Dan took out his mobile phone and started to dial. After more than ten minutes, Lin Dan smiled and said, "Brother Yang, there will be professional people coming over to take a look."
Yang Jing nodded, looked up at the warm sun, then looked at this large farm, and said with a smile: "The big farm here in the United States is the cattle ratio. We rarely see such a big farm in China. what."
Lin Dan curled his lips and said, "Brother Yang, this farm is nothing. If you go to the northwestern part of Texas, the farm there is called Big. Brother Yang, have you heard of Wagner Farm?"
Yang Jing shook his head, and Lin Dan said excitedly: "This Wagner Farm is known as the largest farm in the United States. It covers an area of more than 2,000 square kilometers, which is larger than the two Hong Kong islands combined. The farm we are seeing now Compared with Wagner Farm, it's like the gap between ants and elephants."
When Yang Jing heard this, he couldn't help but slap his tongue a little. "I rely on, more than two thousand square kilometers of farmland? So big?"
"Well, it is really so big. Wagner Farm has 510,000 acres of land, which is 2064 square kilometers in metric units. And in that super farm, there are 1,200 oil wells of this kind alone! The best! In comparison, these 1,200 oil wells only occupy about one-tenth of the Wagneron Ranch, and nearly 90% of the entire Wagneron Ranch has not been surveyed and developed for oil and gas resources."
"I rely on ~lightnovelpub.net~ for such a hang? If you buy that farm, and if you find new oil and gas fields in it, it won't be released?"
"Well, that's how it is hanging! However, even if the Wagner Farm is sold, it is not allowed to continue to survey and extract oil and gas in it, saying that it is to ensure the consistent tradition of Wagner Farm."
"Tsk tsk, with such good resources, it is not allowed to develop, this is simply a violent thing. By the way, that Wagner farm is really going to take out?"
"Well, in fact, Wagner Farm was ready to be sold the year before last, but the sale price was as high as 725 million US dollars..." Chris Barton on the side also interrupted, "I used to go there a few years ago. I’ve visited this farm and it’s really good, but the price is too high, and it’s not something we ordinary people can afford. But those rich people are not willing to invest money in this traditional farming and animal husbandry, so That super farm has not been sold yet."
When Yang Jing heard this number, he felt a bit painful in his teeth. I rely on, 725 million US dollars, that is almost 4.5 billion national currency!
have to! Who loves who, anyway, we can't afford it now! I really can't afford it! It's a joke...