Bow and thank "McPeter 820", "Pouring Cold", "Antenna Meter", "Easy with the Wind and Cloud" for 100 tips each, and "Purr Scoop" and "Rain and Sunny O(∩_∩)O" for their generous tips!

The Jones Ranch that Mr. Bell is talking about is on the west bank of the River Ness.

The 12-square-kilometre ranch stretches from the Neckis River west to Lambberton and is more than four kilometres long from east to west and three kilometres wide from north to south.

The pasture is lush with trees, forests and meadows, and two tributaries of the River Neches flow through it, making the land particularly fertile.

But in such a paradise-like pasture, there is something terrible, that is, the twenty-one oil wells that have almost stopped working. At the location of these oil wells, the huge "kowtow machine", that is, the pumping unit, stands there alone, as if to tell the world about their glory in the past.

There are a total of 21 oil wells in the ranch, but most of the pumping units have stopped working, after all, the oil fields under this surface have been exploited for more than 100 years, and the oil and gas here have basically been exhausted. Of course, there are also three or four kowtow machines that still insist on working, but judging from their weak and monotonous movements, the glory of their bodies no longer exists.

"These wells are basically out of pumping, but the wells that are still working, as well as those that have stopped working, belong to Devon Energy. You know, since 1920, when the U.S. government enacted that damn Mineral Lease Act, minerals like oil, gas, and coal on private land have not belonged to the landowners! Those damn politicians, in order to collect taxes, they can do anything! "Jack who is standing next to Don. Jones said angrily.

Jack. Jones, is the eldest son of Mr. Jones, the old owner of the Jones ranch that Mr. Bell once mentioned, after Mr. Jones's death, his three sons are fighting a lawsuit to earn the family property, and this ranch worth more than 25 million dollars is an important part of Mr. Jones's estate, so when Tang Feng and Sophia came to the door to say that they wanted to see this ranch, Jack, who happened to be at home. Jones immediately put down the work at hand and accompanied Tang Feng and Sophia to the Jones Ranch in the car.

Hear Jack. Jones's words, Tang Feng smiled and said: "There is no way, in 1872, the U.S. government issued the "General Mining Act" in order to encourage the development of the Midwest, you must know that most of the land in the Midwest at that time was owned by the federal government. At that time, as long as mineral resources were discovered, they could freely set benchmarks on public land and circle areas on the ground, so that they could obtain the right to explore and develop. At that time, the mine owners who lived under the "General Mining Law" were undoubtedly very happy. However, the General Mining Act stipulates that the annual cost of development on the land designated by the mine owners shall not be less than $100, and once the minerals are mined, there is no need to pay rent and royalties to the government, and the land can be directly owned at $2.5 per acre! Mr. Jones, the General Mining Act is a law that drives mine owners crazy, but it definitely doesn't apply to twentieth-century America, let alone the United States today. Think about it, if mining development is still carried out in accordance with the provisions of the General Mining Law, it is estimated that there are no mineral resources in the United States at this time! ”

Jack. Jones looked at Tang Feng in surprise, as if he didn't expect Tang Feng to be able to speak about the "General Mining Law", an outdated American law.

Tang Feng shrugged his shoulders with a smile and said, "Mr. Jones, in fact, I am also a mine owner, and I now own two mines in Australia. ”

"Oh, I said, I said how are you so proficient in mining law, so we are still together! Mr. Tang, I am now working for Devon Energy, and the 21 oil wells in our ranch now belong to our company. ”

Tang Feng nodded, pointed to the kowtow machines that had stopped working in his line of sight and said: "These oil wells must have entered the stage of approaching tailings or even simply tailings, so what I want to ask is, don't you Dawen Energy plan to review and develop these oil wells?" ”

The so-called review and development of oil and gas wells in the tailings stage usually refers to the measures to increase production and tap the potential of the original production layer in the old oilfield that is close to shutdown or has simply been suspended, or to invest a certain amount of money in the exploration of new oil and gas reservoirs in the old oilfield. The increase in production and economic benefits achieved by the former means is very limited, but although the latter is more risky, once a new oil and gas reservoir can be found, it often means that it will be rich overnight. However, the latter is purely a means of luck, and most private miners will use this method.

Jack. Jones shook his head with a smile and said, "Mr. Tang, since you are also a mine owner, you must know how risky it is to develop tailings in oil and gas fields. For us in Davin Energy, the development of tailings in this oil and gas field, the investment and benefits are not very in line with the interests of Davin Energy, and to carry out the exploration of new oil and gas reservoirs, it is necessary to invest a lot of money, and in terms of the conditions near Beaumont, do you think that this area that has been developed for more than 100 years can still find new oil and gas reservoirs? ”

Tang Feng nodded, thought for a while and said, "Now these oil fields in Beaumont are basically shallow oil fields, right?" ”

Jack. Jones nodded and said, "Based on the geology of Beaumont, the oil fields here are indeed shallow, and this place is close to the Gulf of Mexico, so it is very unlikely that there will be new oil and gas formations here below three thousand meters. This probability is not worth our investment in the exploration of deep oil and gas reservoirs. ”

The so-called shallow oilfields, most of which refer to the oilfields buried in depths of more than 3,000 meters, and the oilfields buried in depths of more than 3,000 meters can be called deep oilfields, China's Daqing and Karamay oilfields, buried in depth of more than 5,000 meters, that is, they belong to the category of deep oilfields, and there are deeper oilfields, for example, a large oilfield with world-class reserves discovered in Russia not long ago, with a buried depth of more than 12,000 kilometers!

"Could it be that you Davin Energy just watched these twenty or so oil wells be so abandoned? Aren't you Davin Energy going to auction off these wells? Tang Feng pretended to be curious and asked.

Jack. When Jones heard this, his swollen eyes flashed with joy, and he asked with a smile: "What, Mr. Tang, do you want to buy these twenty-one oil wells?" ”

Tang Feng smiled and nodded: "If the price is right, why not?" ”