Chapter 603: Insider Trading
Gu Haijian slowly and evenly applied the removed oil droplets to a quartz column with quartz grains and used them for thin layer chromatography. ()
There are many ways to determine the composition of petroleum, and the composition of crude oil around the world is also very different, whether it is gas chromatography, liquid chromatography, mass spectrometry or nuclear magnetic resonance spectroscopy, infrared spectroscopy, etc., all have their application conditions, and in geological research, the most used is thin layer chromatography hydrogenation flame ion detection technology.
Gu Haijian took great care to write down quantitative readings of saturated hydrocarbons, aromatic hydrocarbons, gums, asphaltenes and, most importantly, sulfur content......
The work is meticulous and tedious, the opposite of the chaos of the celebratory crowd outside the window.
The first thing that jumps out is the sulfur content.
"0.17%, sure enough, sweet crude oil. Gu Haijian's face lines were all rolled up.
Sweet crude oil with low sulfur is an important resource, and in the early days of the oil age, crude oil was mainly used to produce kerosene for lighting, and the high sulfur content of kerosene would emit a distinct odor in the room, so it could not be used at all, until a chemist adopted better refining techniques, and sour crude oil came into use.
However, no matter what the era, sweet crude oil has always been used more widely than sour crude oil, and high-grade gasoline, diesel and high-quality jet fuel can only be produced from sweet crude oil for a long time. Factories that use sour crude oil as raw materials are not only expensive to produce, but also lag behind sweet crude oil factories in terms of product quality.
Until the 21st century, there are still many refineries around the world that can only use sweet crude oil, and they would rather pay a higher price for sweet crude oil. They are also reluctant to purchase sour crude oil, which is more readily available.
The sulfur content of 0.17% is much lower than the standard of 0.5% sweet crude oil, which is the standard high-quality sweet crude oil, corresponding. For example, the crude oil produced in Shengli Oilfield and other places is often superacid crude oil with a sulfur content of more than 2.5%.
The Setan field also produces a rare sweet crude oil, but its production and reserves cannot be compared with the super oil field.
Gu Haijian quickly pulled out the readings of the previous oil well for comparison.
The sulfur content of 0.62% indicates that the previous oil well was also a good oil well, but it was far less than the current one.
"In this way, it seems that a second oil field has been found. Gu Haijian took a deep breath, looked at the brightly lit black fountain in front of him, and thought to himself: If there can be 30,000 barrels per day...... No. If it can produce 10,000 barrels per day, it is estimated that the No. 2 oil field will most likely be another elephant!
Winning two elephants in one bid will make many people go crazy with jealousy.
Gu Haijian glanced up. Instead of going out and reporting immediately, we continued to compare with other components. What he needed was a foolproof answer, and he would rather be slower.
The auxiliary boat started slowly and drove a little farther. to avoid the black oil fountains. Sailors bathed with fire hoses. And the whole ship of blacks was whitewashed. Gentlemen who like cleanliness go down to the deck to find clothes to change into, and those who have no clothes simply take off their coats and still drink on the boat to ward off the cold.
Whether it is the employees of Dahua Industry or the representatives of non-Dahua companies, they are very welcome to the appearance of No. 2 Well, and there is such a reason, it seems that it has become a matter of course to drink more boldly.
When all the wine stored on the ship was consumed, Gu Haijian, who remained in the rear cabin, finished all the analysis and comparison work. And the test report was officially issued.
He washed his face with cold water, and after sobering up. With this report in hand, he came to Sioux City.
Including representatives of several foreign companies, everyone knew Gu Haijian's identity and guessed what he was going to do.
Even the drunken guy is now standing firm with the support of his colleagues, looking at the thin report with expectant eyes.
"Su Dong, I have made an analysis of Well No. 1 and Well No. 2, and the conclusion is as follows. Gu Haijian handed the report to Su Cheng.
"Come on. Sioux City spoke in English and flipped through the report himself.
A few pages full of data and tables were very much of an appetite for Sioux City.
Gu Haijian was in good spirits, and also said in English: "The analysis report of Well 1 was completed three days ago, and compared with the analysis of Well 2, I can responsibly conclude that the two oil wells belong to different oil fields, and the production of Well 2 will be more optimistic." ”
"That is, we have now found two oil fields, right?" Sioux City confirmed.
Gu Haijian nodded affirmatively: "It's definitely two oil fields." ”
Sioux City bowed slightly, the Azijiu oil field itself is composed of three large oil fields, Asseri, Zirag and Dyuneshri, and its difficulty and depth have increased accordingly. When determining the location of the five rigs, Sioux City took into account the orientation of the two fields, Assery and Zirag, and now it seems that Well 2 should have successfully hit the edge of the Zilag field.
As for Dyuneshri, it is a deepwater oil field in a relatively remote location, and in terms of construction costs, it will take about $5 billion to $10 billion to fully develop the Asseri and Zirag fields, and it is estimated that more figures will be needed to develop the Dyuneshri fields.
Most of the cost of a barrel of oil is reflected here, and when the exploration is over and the face of the Azijiu oil field is fully displayed in front of the world, the development cost of tons can completely overwhelm a medium-sized oil company, and it is difficult to hold on even with bank loans.
Dahua Industrial also has today's scale, coupled with the advantages of Chinese companies, before it dares to set foot in this level of offshore oil development.
Several company representatives around him listened to their conversation and stayed for a while, and then Gilles of the Finner Company snatched the analysis report and asked while reading it: "Have you estimated the reserves? What are the reserves of the No. 1 and No. 2 oilfields?"
Gu Haijian looked at Su Cheng, and then replied: "The reserves of the No. 1 oilfield are preliminarily estimated to be more than 1 billion barrels, and the No. 2 oilfield cannot be determined. ”
The reserves of the No. 1 oil field are more than 1 billion barrels, but to get a close to accurate answer, it is not possible to complete it in a few days, 1 billion barrels is the standard of an elephant, enough to attract full attention.
Foreigners surrounding Sioux City. His eyes lit up like a cat.
What did they stay on such an uncomfortable bumpy steamer, not just to see the crude oil produced?
It doesn't matter if the production of Well 2 is uncertain, but it does allow them to see the potential of this place.
Su Cheng said softly, "Everyone. Let's talk a little bit more specific. ”
"Of course, we should talk about the specifics. The Spaniard smiled as if he had a football in his mouth.
Gu Haijian stepped back lightly, his task had been completed, but the fatigue of his body made him sleepy and wanted to fall to sleep immediately.
Before his consciousness was hazy, Gu Haijian's gaze was unnaturally aimed at the offshore drilling platform.
"Go see those guys. Gu Haijian recalled several exchanges with the drilling team, although it was not always so pleasant, but. Crude oil is indeed drilled below 3,000 meters, and for this alone, we must admire the persistence and self-confidence of the drilling captain.
Not every drilling captain has such self-confidence and guts. The so-called oil flowers. Many times, it's like a spoonful of oil poured into a small river, and it will leak in the blink of an eye or turn around. It's not surprising to see oil flowers, but it's rare to believe that you haven't seen oil flowers.
That means that Li Hu strictly followed the rules from beginning to end. The condition of the drill hole is monitored. It sounds easy, but as far as Gu Haijian, who is familiar with offshore drilling, knows, there are only a handful of drilling captains who can do this.
Science stems from the observation and recording of objective things, and Gu Haijian felt that it was necessary to meet with this confident and persistent drilling captain.
He beckoned to the boatswain and asked for a boat to go to the rig, while a woman with a hand-held camera appeared beside him.
"I'm Kim Hye-won from Dahua's Public Relations Department. Go interview with Captain Li Hu. "The woman was wearing overalls and tucked her long hair into a hard hat. The image is much more gender-neutral, but it is still very different from the rugged men that are common at sea.
Gu Haijian's mood suddenly became strange.
……
Inside the cabin, representatives of the companies began to argue about the money raised and the timing of the launch.
Minimal capital and as fast as possible will naturally reduce the risk as much as possible, but it is also likely to reduce the return.
Although everyone wants to make money, in futures trading, earning 10 million yuan may require an investment of 100 million yuan or more. Although it is possible to take the form of leverage, leverage also means amplifying the risk.
In the game of risk and return, even insider trading is not 100% stable, and the company's overall small global oil, France's Fiena and the United States' Seeger Petroleum all hope to control the amount of capital within the scale of 100 million US dollars.
In the case of leverage, it is not impossible to earn 20 million or 30 million with 100 million US dollars, after all, there will be a double income of one in and one out.
However, from the direction of Sioux City, it is not easy to come across a century of oil fields, if the investment is only a few hundred million dollars, it is really not interesting, and the amount of this money is far from affecting the price of oil, at most with the ups and downs of the oil waves, to earn some tolls.
"$500 million is the minimum investment and can accept 50 times leverage. Sioux City quickly said what he wanted.
Kang Le, president of British Universal, immediately shook his head: "It's just two oil fields, and it's still too much to invest $500 million now, and the most important thing is that the two oil fields haven't been put into production yet......"
"This is just the beginning of a series of oil fields. The premise of our operation is that the Azijiu oil field will be a great oil field, and I don't mean 1 billion barrels or 2 billion barrels of reserves, but at least 10 billion barrels of production, and you have seen at least 1 billion barrels now, and I believe that in a few days, you will be able to see 2 billion barrels or even 3 billion barrels, and if you wait, the two oil fields that have been discovered now, at least 5 billion barrels, and nothing can hit the market more than excess crude oil. ”
"In any case, there are still no reserves of 5 billion barrels. ”
"If the 5 billion barrels of reserves are announced, won't the money we make will be reduced. ”
Kang Le was somewhat persuaded and asked, "Is Su Dong really confident that he can see 10 billion barrels of reserves?"
"I said this when I didn't have a single oil well, you don't believe it, now it's a billion barrels, you can't believe it yet, it seems that gaining trust is really a big project. Su Cheng laughed.
"It's the production that's really the focus. The representative of the Spanish Repsol has always been very positive, baring his front teeth and smiling: "The current output is already 100,000 barrels per day, and it is not a problem to open a few more oil wells and break through the 200,000 barrels per day mark, if it breaks through 300,000 barrels per day, it will be amazing." ”
As soon as he said this, several people had something strange in their hearts.
The price movement of oil spot and futures is often determined by a 1% change in production. Because oil storage is not easy, and the scale is very large. A daily output of 300,000 barrels means 40,000 tons per day, and if you build a large tank for oil storage, the scale of the area is not small. On the other hand, it is not easy to increase oil production or reduce demand, oil refineries and chemical plants cannot not produce one day, and it is impossible for cars not to be used, and oil fields are not said to produce more production, because of this, the oil market is called hard elasticity, in fact, it is inelastic, oil production is calculated in days, demand increases, only the price rises, because of the price and reduces the demand, then the price will be slightly lower, and then rise. In the same way, the production of oil has risen, the demand has not increased, and the price will naturally fall.
Libya is a clear example. Its annual production is only 2 million barrels per day, less than 2% of world production, but when Libya's production fell by half, that is, 1 million barrels per day, the world's oil market was affected. When the outlook is uncertain, no reserves can be used.
"In my opinion, start raising funds now, and when the funds are in place, Dahua's third oil well may be seen. "Repsol's representative has a lot of body movements, and his elbow almost knocks the cup off.
The money from insider trading cannot always be directly exchanged, and it must be pooled through many channels. The good thing is that oil companies always have a lot of foreign accounts, and they are no strangers to this.
"Then let's invest 500 million yuan as a basis. The representatives of the recreation company finally made up their minds.
Su Cheng smiled, but said: "If the output really reaches 300,000 barrels, it is best to continue to increase the basic investment." ”
"Still going to improve?" For a large and medium-sized oil company, $500 million is indeed a lot of principal.
"With a daily output of 300,000 barrels of oil fields, I don't know if I will be able to encounter them in my life, and if I do, I will never be willing to be a small fish in the market. Su Cheng's tone was not relaxed, but it made several people smile.
Indeed, if there are 300,000 barrels as a base, it is also necessary to increase investment.
"It's up to Dahua Industrial. Gilles picked up his glass and smiled, "I hope we can see more oil wells and oil fields born during our fundraising!"
When the French said this, they did not guess the subsequent development at all.
…………)
PS: The double monthly pass turned out to be 7 days......
It didn't seem to be in time for the last day, so I wanted to write 3,000 words and send it up, but I didn't succeed, so it became 4,000 words, and the last few hours were wasted.
I'm sorry for not being able to do double more every day.
For the tortoise that was physically broken and exhausted, the seven days were still very difficult. This book has been written for more than a year, and in the early stage, I only have a day off when I am sick, and in the later stage, I stay up late and stay up late, and it is difficult to have the feeling of a weekend or vacation.
In the new year, I hope to be able to write a good book and at the same time make me a little healthier.
Therefore, I want to take a day off tomorrow. In the future, if you can, take one day off a week and keep it updated the rest of the time. This should be a better way to complete the book.
It is hereby clarified.