Although farms in the United States are spread across the country, most of them are small, with 60% of farms generating sales of only $10,000 to tens of thousands of dollars, and only 4% of farms selling more than $500,000. U.S. farms account for the vast majority of U.S. agricultural sales, with 50 percent of agricultural products produced by 2 percent of large farms.

There are many types of farms in Laomei, such as planting, breeding, and hunting. Many foreign investors choose to buy farms in California or the Mid-South because the northern part of the United States has cold winters and is less popular.

Farms in the United States sell for thousands to tens of thousands of dollars per acre, and generally without greenhouses and other facilities, you can buy relatively large farms for more than $200,000, such as in Florida. California farms are more expensive, typically costing millions of dollars, averaging more than $10,000 per acre.

Of course, there are also very small farms, tens of thousands of dollars, just a few acres. Small and medium-sized farms flourish in the south, north, and along the Pacific and Atlantic coasts.

The situation in Texas is similar, large farms and large ranches can only depend on fate, but small and medium-sized farms abound, and the corresponding trading market is quite perfect.

In addition, the price of the farm depends on whether there are houses, roads, electricity, irrigation facilities, and distance from the town. Unlike China, many infrastructure is not the responsibility of the government, especially in the suburbs, if there is no water and electricity, the buyer has to invest and lay it himself.

When Qi Zheng went to the United States, he had already exchanged all his remaining net worth into US dollars, which was only 500,000 US dollars.

But under the explanation of the real estate agent, they ran into a big trouble.

......

Luke, a middle-aged white man in his 40s with a slightly puffed belly and a sparse Zhonghai hairstyle on his head, was introduced by Zhu Kai's investment broker.

"Mr. Qi, according to your information, there may be some trouble buying a farm in Texas. Most states in the U.S. do not have any restrictions on foreign investors buying or selling farmland, and only a few states have laws that limit the identity of buyers and sellers. Unfortunately, Texas is one of them. At present, Texas conditionally allows foreigners to buy farms locally, but stipulates that all foreign buyers have lived locally for at least 2 years, and have a stable income and a good credit history. Luke explained unhurriedly.

Qi Zheng didn't expect this situation to occur for a while, and couldn't help but look at Zhang Zehong.

The middle-aged Luke glanced at the two young people, and a hint of calculation flashed in his eyes: "I understand the investment scale of the two, although this problem can be solved by agents and other methods, but the investment benefits outweigh the losses." Of course, you can also go to other states to buy farms, but as far as I know, other states have more or less unsatisfactory regulations, such as autonomy in the cultivation of crops, restrictions on the autonomy to sell products, and most importantly, tax laws. ”

He paused, observed their reactions, and continued, "Actually, in Texas, investing in farms is not the best choice. ”

"Especially in Houston, which is the oil city, there's nothing more profitable than investing in oil fields. So I would like to give you a little advice, you can invest in the oil field, which is much more cost-effective than buying a farm. ”

Zhang Zehong was directly laughed at when he heard this: "If we have the capital to get involved in oil development, why do we need to sit here and buy a small farm with you?"

Luke said calmly: "No, no, no, Mr. Zhang does not know enough about the operation of the U.S. oil industry, and even has a lot of misunderstandings. Listen to me......"

"We in the United States are privately owned, and its land resources are privately owned, especially in the early days of oil development, which is a horse race, and whoever finds it belongs to whom, resulting in 60% of the onshore oil fields in the hands of private individuals and small and medium-sized companies. ”

"In fact, 50 percent of domestic oil production and 60 percent of natural gas production in the United States are produced by 13,000 small and medium-sized oil companies in the United States. A large proportion of the more than 13,000 'independent oil and gas producers' have been unable to operate due to historical reasons and the impact of the economic recession. In desperation, these companies had to find buyers in advance in order to reduce their losses. ”

"In the United States, private sale and exploitation of oil fields is permitted. The government will also encourage foreign investors to develop oil and gas in the United States, and when I say you have the opportunity to invest in the domestic oil industry, I mean that you can buy small and medium-sized oil companies in the United States, or you can enter into joint ventures with them by injecting capital, providing exploration and extraction equipment and technology, etc. ”

"Of course, Houston also holds an America-wide auction of old oil fields every one or two months. The logging data, geological data, and production status of all the oil wells in the auction are all on display for buyers to consult, and if you are interested, you can even buy old oil wells for development at a very low price. Once a new oil and gas layer is discovered, your value will increase thousands of times over. ”

Luke introduced new investment projects to the two of them in a seductive tone, as if the two of them could buy an old oil well and discover a new oil field in a minute, the money was rolling in, and the models were lining up to pick.

Zhang Zehong was unmoved, and just wanted to interrupt his demagogy and bring the topic back to buying a farm.

Qi Zheng was secretly happy in his heart, and deliberately showed an interested expression on the side, signaling Luke to give a detailed introduction.

Luke couldn't help but feel smug in his heart - he knew that these Asians were stupid and had a lot of money, and they couldn't help but take the bait with a little bait.

When he first came out of work, he experienced the madness of island people investing heavily in the United States and buying everywhere. They are well aware of these Asians' attachment to land and their preference for mineral resources. In that case, even if there are no damn legal restrictions, where is the brokerage buying a small farm with a high commission for buying an oil field?

The two young people don't seem to have any background behind them, no matter how hard they flicker, are they afraid that they won't be tempted?

And what I said is well documented, and I am not lying to them, but I am just avoiding the risks.

In this regard, Zhang Zehong looked at Qi Zheng with a confused face, and complained wildly in his heart: Damn, it's not brother, you are teasing me, right? Yesterday I just said that I wanted to buy a farm and engage in organic agriculture to make a lot of money in the United States, why did you suddenly defect today? Are you interested in this old oil field in Laoshzi? It sounds unreliable, we are farming, what kind of oil are we engaged in, and there is no cross-border operation like you.

However, thinking that the capital brought to the United States was owned by Qi Zheng himself, he first listened patiently to the nonsense of the ghost in front of him.

......

Of course, Qi Zheng knew that what Luke said was true and what was false, and how risky it was, but his suggestion coincided with some of his own plans, so he just cooperated with the situation.

Luke is not lying, he can enjoy many advantages when investing in the oil field in Texas:

The current laws of the United States protect the interests of foreign oil companies;

The infrastructure and supporting services are perfect, and the project operating cost is low, generally less than US$3/barrel;

The Lao-US block trading market is perfect, the old oil well data is open to the society, and there is a well-developed oilfield trading system;

The most important thing is that the latent resources in the old oil wells of Laomei are quite abundant: 60% of the world's old oil wells are in Laomei, and the number of old oil wells is about 3 million, and there are 650,000 old oil wells in Texas. According to the results of the analysis, about half of the old oil wells have lost oil and gas reservoirs. According to the most conservative estimate, that is, at a 20% rate, there are more than 600,000 old oil wells in the United States that are at risk of losing oil and gas reservoirs. If these undiscovered oil and gas reservoirs can be identified and exploited, it is enough to obtain hundreds of billions of dollars of wealth.

The so-called old oil wells refer to oil wells that have been developed early, the oil and gas resources of the original production layer have been basically exhausted, and the daily output is less than 2 tons, or the production is very unstable.

In the past, the technology was backward, that is, the main well data of independent oilfields in the 90s were incomplete, resulting in serious loss of oil and gas layers, and many small and medium-sized oilfield owners rarely considered the existence of new oil and gas reservoirs outside the original production layer.

From the perspective of those oil companies, this is also a chicken rib existence, after all, to find new oil and gas reservoirs from these old oil wells, the probability is not as good as buying a lottery ticket to win the jackpot, but it is not far off.

In this case, an old oil well that produces several barrels of oil per day may become a high-production oil well with a daily output of hundreds of barrels if it is drilled 10 meters deeper. However, if you make a mistake and spend a lot of money to invest in old oil wells, they may become depleted at any time, so that you can't even earn back your electricity bills......

At least you don't need to invest a lot of money to buy lottery tickets, but the development of old oil wells requires honestly throwing money into them.

As a result, these old oil fields are often bought up for redevelopment by private miners or foreign investors who have a little spare money in their hands.

To put it bluntly, investing in this old oil well is no different from gambling!

The story of getting rich overnight and losing all your money has happened more than once in this land.

In fact, in China, this kind of "gambling on oil wells" was also very active for a time. However, in China, this behavior is illegal, because domestic law stipulates that all upstream development of oil and gas resources in China is not open to private capital.

In Laomei, this kind of behavior is not only legal but also very encouraged.

As the country with the most old oil wells, it would be a great waste of resources to let these old oil wells go unto waste. Therefore, the Lao and US governments have long introduced various policies, using preferential policies to leverage private capital or foreign capital, so as to complete the development of these old oil wells.

Oil and gas development has always been a field of high investment, high risk and high return, and the key to ensuring the success of investing in the development of old oil wells in the United States is to conduct comprehensive research on geological data and secondary interpretation of logging data, and at the same time, to ensure cooperation with investment companies that are familiar with the oil market in the United States and have a good reputation.

Qi Zheng had contact with rumors about related aspects by coincidence in his previous life, and even visited the place where miracles happened - even if there are many examples of getting rich overnight, they are rarely contacted in reality. can really encounter the impact of getting rich, and it is naturally quite impressive.

In my memory, the myth of the development of the old oil well should have happened five years later, and Qi Zheng now plans to cut off the beard in advance.

If it can be achieved, then it will break the shackles and shackles in front of it, break through the deadlock, like a phoenix breaking through its shell and spreading its bright wings.

......