Chapter 26: One Reservoir?

Unbeknownst to him, Luke realized that he had succeeded in fooling around, and after determining that Qi Zheng intended to invest in the old oil fields, he left to go back to prepare relevant materials - his brokerage company also acted as an agent for oil field transactions, which is not uncommon in Houston, Texas.

Zhang Zehong felt that this was whimsical, but given that the funds were personally contributed by Qi Zheng and not owned by the company, his opposition failed to shake Qi Zheng's decision.

Qi Zheng couldn't tell the truth, so he could only put on a posture of "I don't listen, I'm going to buy mines" and suppressed Zhang Zehong's opposition.

Soon Qi Zheng received a copy of the old Texas oil field data compiled by Luke, which marked the location of the old oil field, as well as more detailed information such as related supporting facilities and average production.

In fact, many buyers will continue to produce oil on the original production layer after buying old oil wells. As oil prices rise, the income from oil production will slowly recoup the investment.

If some new technologies such as secondary and tertiary oil recovery are adopted to increase oil output and extend the oil production life of old oil wells, it will also be relatively stable and profitable. The profit depends mainly on how many more years of oil production can be maintained, and the longer the oil production life, the more money will be made, and the less risk will be.

After all, if it were all about gambling, there wouldn't be so many people joining the industry one after another.

Of course, squeezing the last bit of profit from these old wells by taking measures to increase production and tap potential is the traditional option to recoup the investment and make a little money by the way, but more buyers will carry out new exploration activities on these old oil wells.

In oil and gas development, there is a very simple truth, that is, the cost of investing in the development of old oil fields is much lower than investing in the development of new oil fields.

It is important to know that when developing a new oil field, there are no surface facilities, so it is necessary to build roads, railways, lay oil pipelines, supply electricity, water supply, build houses, etc., and these capital construction and advance construction costs are huge, and the huge investment costs of developing old oil fields can be eliminated - provided that new oil and gas reservoirs are found.

The risk of oil exploration is very large, in order to find new oil and gas resources, it is often necessary to drill new wells, and the new drilling of an oil well requires an investment of less than one million dollars and more than ten million dollars, which is still calculated according to the land oil well, if it is a submarine oil well, the investment is often to be in billions.

After taking hundreds of millions of dollars in risks, it is possible to find not a single drop of oil.

And the old oil well found new oil and gas layer, and then perforation, oil test, so that it production, the required investment is more than 100,000 US dollars, because there is no need to re-drill, the use of crude oil wells to resume production, the old oil well on the new oil and gas layer after the production of oil, the production cost is very low, the whole project takes a short time.

In my memory, a Dallas man named Jason Robert auctioned off 20 old oil wells in Texas for a total of $72,000 at an old oil well auction five years later, which had 240 acres of old oil discovered decades ago and was close to production after years of exploitation, producing a total of 15 million barrels of oil.

After photographing these 20 old oil wells, Jason Robert invested millions of dollars to resurvey these old oil wells, and it took a few months to discover that there was still an untapped reservoir in this old oil field!

According to calculations, the geological reserves of the unrecovered oil and gas reservoirs in this reservoir are as high as more than 70 million barrels, and the recoverable reserves can reach at least more than 20 million barrels, which is more than 500 million barrels more than the total production of the oilfield in the past few decades!

According to the oil price at that time, Jason Robert's return on this small oil field was as high as 100 times, that is, when Jason Robert redeveloped this old oil field, he could make a profit of $100 for every $1 invested in it!

As a result, he became a new billionaire in the United States, and left a legendary record in the Texas oil industry, attracting a lot of investment funds to join the industry.

Qi Zheng therefore knew the specific address of this oil field, but he couldn't just point to that oil field and say buy it, and then discover a new oil reservoir, so that it would not be suspicious.

Especially at a time when the whole United States is immersed in the panic of terrorist attacks, Qi Zheng is unwilling to attract any suspicion.

Therefore, he and Zhang Zehong carefully checked the materials sent by Luke and learned about the basic situation of the old oil wells, such as the oil and gas production over the years and now, whether the oil and gas wells are sold in full or partial equity (or property rights), whether the oil wells have priority issues and problems affecting future development, and so on; and some geological data, geological structure maps, logging data, logging data, and so on of some old oil wells. I don't understand the content and there are professionals to help explain, I can only say that Lao Mei's supporting transactions are really perfect.

After delineating several targets, Qi Zheng and Zhang Zehong went to the scene separately to investigate and confirm the correctness of the information.

Under Qi Zheng's intentional arrangement, he was assigned to several oil fields west of Houston, refused Luke's lead, and went to investigate alone.

......

The small town of Orchard west of Houston.

The oil field is located in a ranch of more than 2,000 acres that is said to have been used as an oil production area, but now there are only 20 old oil wells that are basically half-out of production.

The pasture, which covers an area of more than eight square kilometres, runs west along the Brazos River, with a length of more than three kilometres from east to west and a width of nearly three kilometres from north to south.

The pasture is lush with trees, forests and meadows, and two tributaries of the Brazos River flow through the pasture, which makes the land particularly fertile. On the edge of the forest, there are several small buildings, all beautifully painted, showing the rural style of Texas.

But in such a paradise-like pasture, there is something terrible, that is, the twenty oil wells that have almost ceased to work. 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.

The rancher's name is Braden, a typical Texas cowboy-style man, about 1.9 meters tall, with a big waist and a strong physique.

It can be seen that Brayden is not very welcoming to Qi Zheng, especially when he heard that Qi Zheng was going to inspect the old oil well in the pasture, he muttered: "This damn oil well, how can any fool be interested in it?"

Qi Zheng didn't hear him, and he wanted to know why this stout guy was not friendly. Although the oil field area is within the scope of his ranch, the property rights do not belong to him - Lao Mei is sometimes so nonsense, the land is yours, but the minerals in the field may not be yours.

Uh, well, we don't seem qualified to say that, we even have the land of the state, let alone the minerals in the land.

There is no one working in the oil field area today, and after Qi Zheng was brought here, he was left there alone. This oil field area is separated from the main ranch by a small forest, which is convenient for Qi Zheng's exploration.

......

Looking at the oil pumping machine in front of him and the small river flowing in the distance, Qi Zheng touched his chin and smiled slightly, "It's really familiar." ”

Qi Zheng clearly remembers that the five suspended oil wells in the southwest of the oil area were located on the same plot, and after carrying out exploration and filling holes for oil testing, the wells were reopened for production, with a total daily oil production of 500 tons.

This is where Jason Robert got rich.

Qi Zheng first walked around the oil field area to make sure that no one around was paying attention to this side, and then he set out to arrange the spirit array.

Yes, as a hanger, of course Qi Zheng chose to hang up without saying a word.

"Ten thousand thoughts return to the first (first-order) trigger, the five systems are balanced, and the range: a radius of twenty kilometers. Effect: Calm and calm. Creatures are in the array, which can make the soul pure, the mind condensed, and stealth. ”

As a pseudo-cultivator, although Qi Zheng's weak chicken's divine thoughts are stronger than ordinary people, it is said that he can travel thousands of miles with his divine consciousness anytime and anywhere he wants...... It's impossible, it's good to be able to release half a kilometer around in normal times, and it can't last......

But he has a heritage, and the congenital deficiency will be made up for the day after tomorrow, and "Ten Thousand Thoughts Return to a While" is such an artifact.

As the name suggests, "all thoughts are for a while" is just a calming effect for ordinary people. However, for cultivators, through "ten thousand thoughts returning to a formation", they can condense their divine thoughts into a line, thus expanding the scope of their divine consciousness by a thousand times.

To put it simply, with Qi Zheng's current cultivation, if he relied on his own divine sense to scan the earth, he would be able to go tens or hundreds of meters deep. However, relying on the "Ten Thousand Thoughts for a While", the divine consciousness can be stretched into a line to extend, and then it can be scanned thousands of meters underground like a radar - applied to resource exploration, it is simply unfavorable. The premise, of course, is that he understands the nature of the various minerals.

This is where Qi Zheng's confidence lies in daring to invest in the development of oil fields, otherwise, Qi Zheng can be reborn back, who knows if there will be other strange changes in this time and space, such as the oil field in the previous life has changed positions in this life or does not exist at all, in that case, it will be miserable.

Qi Zheng's divine consciousness extended to the underground, and after estimating it to three thousand meters, he scanned it according to the fan, and then "saw" the general situation of the underground in his mind.

, this is the situation of Shenma.

Qi Zheng's divine sense successfully "saw" the new oil reservoir under the crude oil layer, but unexpectedly, there was an oil reservoir under the new oil reservoir, no, the two oil reservoirs are actually the same oil layer, but the magic of nature makes them distributed in the shape of a gourd, and the two "stomachs" of the "gourd" are where the oil reservoir is located.

The isolation of the rock formations has allowed the two reservoirs to be cleverly hidden, and according to conventional exploration, it would have been a shit luck to find them.

What a surprise. According to the estimation of the scenario "seen" by the divine sense, Qi Zhengneng was sure that the shit luck of Jason Robert in his previous life was not big enough - the new oil reservoir he developed should only have the upper "belly", because the connection between the two oil reservoirs is very exquisite, and the oil resources of the other "belly" cannot be developed just by opening up the upper oil reservoir.

Because it is a divine consciousness extended by the spirit array, under the current cultivation, Qi Zheng can only vaguely peek at the location of the oil reservoir, etc., and the exact reserves are difficult to estimate. But at the very least, the hidden mysteries underground have been opened to the one-way government.

After Qi Zheng finished "seeing" the situation underground, he withdrew his divine sense, opened his eyes, and couldn't help laughing.

"I thought it was just a jackpot, but I didn't expect it to be two shots in a row. ”

"But in this case, normally the oil reservoir below is not easy to develop, wait, I have a way. Qi Zheng patted his head and remembered another "artifact".

......