Chapter 35 Mexican Petroleum
They are all people around him, and it is impossible for Yan Shao to hide his secrets from Elano and Katarina.
So after choosing the place as his foundation, Yan Shao told the two of them about this matter.
Because the two had never been to China, they did not object to Yan Shao's decision.
It's just that just when they thought they would leave for China soon, Yan Shao first booked a ticket to Mexico...
As once said, rebellion requires money.
In this era, it cost nearly 40 silver dollars to build a Hanyang shot, and the strength of a town in the new army at the end of the Qing Dynasty was 12,512, and each person needed 500,000 silver dollars if they were equipped with a pole. Coupled with the daily wear and tear of weapons, clothing and ammunition, you also take these into account, right? And it is impossible for an army to have only rifles, machine guns and artillery of various calibers also need some, and this is again a lot of money ...
There is also the soldier's salary, the military salary of the new army in the late Qing Dynasty is 7 silver dollars per month, and there is also a need to pay an additional opening fee for fighting. In this way, the strength of a town will require at least one million silver dollars per year.
If you don't want to pay the promotion fee, then the monthly salary needs to be raised to at least 10 silver dollars, which means at least 1.5 million silver dollars per year.
After acquiring Coca-Cola and Gillette, Yan Shao still had more than nine million silver dollars in his hands.
At most, this money can only support the troops of two towns, and it is more than enough for Yan Shao to be a warlord, but it is not even a matter of even thinking about developing industry...
As for Gillette and Coca-Cola, which have already been acquired, they are indeed very profitable, but that is many years later. If you really have to wait for those two companies to provide funds, I'm afraid that the First World War has been over for several years, so Yan Shao must find a new way.
What is the fastest money in this day and age? Arms, textiles, opium and oil...
In terms of arms, Yan Shao is not qualified to participate yet...
Although the money comes quickly, the competition is also very fierce...
As for opium? But you can't even do it to death.
Thinking about the titles of the Great Smoke Overseer and the Opium Marshal, if he was called so by others, Yan Shao might as well strangle himself to death.
After vetoing the first three items, only oil was left for Yan Shao to choose.
Unlike later generations, the Middle East was not a major oil producer, so although oil had been discovered in Persia (i.e., Iran) in 1908, it was still an oil wasteland in the eyes of others...
In this era, the main targets of the oil pioneers were the United States and Mexico, and telling those pioneers to drill for oil was like buying a lottery ticket, and as long as they found a usable oil well, the person who found it could instantly become a multimillionaire. It's just that the price of the oil lottery is not cheap, and in Mexico there are often people who want to win the lottery but end up bankrupt...
ββββββββββββββββββββ
"Mexico..."Hearing that he was going to Mexico, Elaline frowned slightly.
Of course, she had heard of the oil fever that happened in Mexico, but she didn't expect Yan Shao to want to join this kind of game.
"Are you really sure?" hesitated, but Elaline said softly.
"When have I ever done something I'm not sure of...", Yan Shao looked at the newspaper on the table, on which was an unlucky guy who went to Mexico to find oil...
Edward Dohanni...
Speaking of which Dohanni is also a celebrity, when he was in California, he once discovered a large oil field with reserves of more than 300 million barrels, which also made California the largest oil producing state in the United States at that time.
Later, in order to solve the problem of crude oil outlets, Dohanni persuaded the Santa Fe Railroad Company to switch to crude oil as fuel, and the two sides signed a contract to buy all the crude oil they produced at a barrel of oil I dollars, with a contract value of $1 million.
The partnership with the Santa Fe Railroad laid the groundwork for Dohanni's development abroad, and A.A. Robinson, an official of the Santa Fe Railroad, became president of the Central Mexican Railroad. He told Dohanni that his railroad from San Luis Pitosi to Tampico burned coal imported from Alabama in the United States. When the Pias government asked for a branch line from Tampico to develop new industries in the area, Robinson suggested that Dohanni visit Mexico.
In 1901 Dohanni founded the Petroleos Mexicanos Company and drilled in the Tampico area on the east coast. A drilling team hired from the United States began drilling the first well in May 1901, and two weeks later, oil was drilled one night at a depth of 525 feet (about 160 meters).
However, the first shallow well produced only 7 barrels per day, and on a barrel per day, the well would only bring in $2,555 a yearββββββ not counting the taxes to be paid.
The same is true for the two wells that followed, producing only 1 to 6 tons of oil per day...
Over the next three years, Dohanni drilled many shallow wells, none of which blew themselves, and produced only 125,000 barrels of heavy crude.
However, in the past three years, Dohanni has spent almost three million dollars...
Three million and one hundred and twenty-five thousand, a very striking contrast...
In the eyes of many, Dohanni is the gambler who tried to find oil, but ended up losing his fortune. It was precisely because of this example that Elano and Caterina felt a little worried.
However, they didn't know what Yan Shao wanted to buy after he went to Mexico, which was precisely the land owned by this unlucky guy...
Tampico...
Unlike others, Yan Shaozhi said that Hanni's bad luck was only temporary.
A few years later, an Englishman named Wittmen Pearson, interested in oil, formed the Mexican Eagle Oil Company in 1908 and produced oil from DosBocas, south of Tampico.
It just so happened that Dohanni had also bought a piece of land a few kilometers from the well, so he asked someone to drill it there. Luckily, the well was able to produce oil quickly, producing 15,000 barrels per day for the first 10 days.
Soon after, Dohanni's second well was a success, spewing out more than 70,000 barrels of crude oil a day without control. This well spewed more crude oil in 9 days than he sold in 9 years, and by the time the wellhead was controlled, the well had produced 90 million barrels of crude oil...
So, this man named Dohanni is not an unlucky man, it's just that good luck came relatively late.
And Yan Shao's current purpose is to buy all the land in Tampico and the surrounding land before he and that Wittmen Pearson find oil.
ββββββββββββββββββββ
Ask for collections, ask for recommendation tickets, and you can't really do anything without money...