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Chapter 351 Modern Oil Has Produced Oil

The person in charge of Well No. 21 was the exploration team of Shengli Oilfield. Captain Li Quan was very experienced. Qin Zhenjun saw that he was hesitant to speak and asked, "Captain Li, tell me your opinion."

Li Quan knew Yao Yuan, and almost all the exploration team members knew Yao Yuan, because Yao Yuan personally sent each exploration team off from the camp.

He thought for a moment and said, "I personally think we should proceed as planned."

He wiped his oily hands, pointed to the drawings spread out on the marching table, and said, "The terrain of Hyundai Petroleum's No. 7 well is lower than ours. Logically speaking, we should drill deeper, but if this is the case,

All our previous analyzes must be overturned, which means that the conclusions we made in the past period of time are wrong. This is not a problem with Well 21, but the foundation of the entire exploration work has changed."

What Li Quan mentioned was the basic theoretical issue of the entire exploration work. Obviously, this issue is much more serious than a well.

At this time, Yao Yuan had a better understanding of oil exploration work, and describing it as a gold-eating beast was no longer enough to explain the huge amount of funds required for this work.

In the early 1990s, the Seven Petroleum Sisters spent hundreds of millions of dollars on exploration every year. They didn't feel anything just by looking at the numbers. It wasn't until they saw the tens of millions of expenditures in their accounts every day that they felt deeply, even though it was

Chinese coins.

At this time, Lin Wei, who was on the phone over there, ran over and said, "Modern Petroleum has begun to drill holes. It is said that the oil yield rate is very high. Gallotovich is over there."

Everyone became nervous. If Hyundai Petroleum produced oil first and the exploration wells produced variable amounts of oil, victory would be theirs.

Qin Zhenjun was very calm and said, "Mr. Yao, I decided to proceed according to the original plan. I believe the judgment made by our team is accurate."

Proceeding according to the original plan means that if no oil is produced and oil is produced by the Koreans, Southern Industrial will lose in this race for exploration.

This decision needs to be made by Yao Yuan.

Everyone thought that Yao Yuan would be hesitant, but to everyone's surprise, Yao Yuan said very simply, "Director Qin, I believe in your judgment and the judgment of the team, and agree to implement it according to the original plan."

Qin Zhenjun waved his hand, "Captain Li, punch a hole!"

"yes!"

Li Quan stood at attention like a soldier, turned around and started working with the workers.

Everyone stood at the temporary headquarters and watched the workers working. Lin Wei was always paying attention to the situation at Hyundai Petroleum.

If it's fast, it only takes an hour for Hyundai Petroleum's Well No. 7 to produce results.

To put it simply, figuring out the location of underground oil through various means is called oil exploration. Because the underground structure is complex, oil exploration is like a blind man touching an elephant. Often, after paying a huge price, the oil-bearing layer cannot be determined. If the oil-bearing layer cannot be found, it cannot continue.

The following oil production work and exploration failed.

After Lin Wei finished talking on the phone again, he said amidst the rumbling sound of machines, "They've put in the oil pipeline."

"Is the oil out?" Yao Yuan was stunned.

Lin Wei shook his head, "I didn't say anything, I just said the oil pipeline was running."

"Ask clearly whether the oil pipe is running down or the oil is coming out," Yao Yuan said.

Lin Wei was puzzled, "Isn't the oil pipe just the oil coming out?"

"Not necessarily." Qin Zhenjun took over and said, "Sometimes if the location hit is a small oil layer, it has no mining value."

Lin Wei said, "I asked immediately, Xiaohu kept staring over there."

Lin Xiaohu led a few people to guard Hyundai Petroleum's No. 7 well, paying attention to the opponent's work progress. Similarly, Hyundai Petroleum and Nippon Chemical also had people who followed the Southern Industrial exploration team throughout the process. This was according to the rules.

within.

This time, Lin Xiaohu didn’t reply for a long time.

Feeling a little hot, Lin Wei took off his coat. A Russian girl next to him quickly took his coat and held it in his hand. Lin Wei couldn't help but glance at the Russian girl, and then looked at Yao Yuan.

Yao Yuan pointed to the Russian girl and said, "Oh, the translator for you, Karina."

"Hello, Mr. Lin." Karina spoke Mandarin with a Northeastern flavor.

Lin Wei was surprised, "You speak Mandarin so well."

"I studied abroad in Harbin and learned Mandarin for more than three years," Karina said.

Lin Wei nodded slightly and couldn't help but look at Karina a few more times. The Russian girl was so beautiful, and the one in front of her was even more outstanding, and she was quite young, but there was some melancholy between her eyebrows.

When I was about to complete my studies and return to my country, the result was that my country was gone, which was hard for anyone to accept.

For Karina, not only was the previously determined unit gone, but also the living allowance was gone. Just imagine, millions of soldiers were forced to exchange their weapons for money to live, let alone those of them studying abroad.

The father-in-law was born.

When Oriental Petroleum Services Company, a subsidiary of Southern Industrial, was recruiting personnel in the Northeast and Far East regions, Karina and several other classmates applied and officially joined the Overseas Business Department of Oriental Petroleum Services Company and became a translator.

Because Karina's second major is international accounting, she was assigned to Lin Wei as an assistant and translator.

Waiting is tiring, and Yao Yuanhe doesn't like having the initiative in the hands of others. This feeling makes him feel uneasy.

Time passed by, and Li Quan once again reported the progress. In half an hour, the drilling would be completed, and then the oil could be tested.

Qin Zhenjun was very calm. After studying all the data in his hands again, he said, "According to Garotovich's requirements, a daily production of more than 10 tons can win the contract. There is little hope for Hyundai Petroleum's No. 7 well."

He explained, "Li Quan's view is correct. We are in the same reservoir, and depth alone is not the only criterion. We have done a lot of research and analysis before, and the data obtained from the previous wells also support our conclusion.

."

Based on the size of Garotevich Petroleum Company, only a daily output of more than 10 tons has commercial mining value, otherwise it will be impossible to maintain the company's operations.

One ton of oil is equal to 7.35 barrels. Based on the current US$23 per barrel, an oil production well with a daily output of 10 tons can provide about US$1,700 of oil per day, which is about US$50,000 per month.

Just enough to stay afloat.

Yao Yuan said, "Director Qin, I trust your judgment and go ahead with confidence. Even if we lose, it will be a rare exercise for our team."

Qin Zhenjun said in his heart that what he got were basically teams from major oil fields in the country. Dongfang Petroleum Services Company only had three improvised exploration teams. It paid tens of millions of Chinese dollars just to train the three ragtag teams. There is no trading comparison.

This is a loss.

He knew very well that even if there was official coordination, and even the National Petroleum Corporation issued an administrative order, there would still be a huge economic price to pay for Southern Industrial to organize so many exploration teams to carry out exploration work in this distant place.

For example, in Shengli Oilfield, which has the largest output, Yao Yuan used his free time to draw a double-head oil extraction machine drawing from memory a few days ago. After applying for patent protection, it was initially produced by the Petroleum Machinery Factory of Daqing Oilfield and successfully sold to Harry

Burton.

In order to get the support of Shengli Oilfield, Yao Yuan shared the double-head oil extraction unit technology with Shengli Oilfield for free. In other words, Shengli Oilfield could produce double-head oil extraction units for its own oil fields without paying a penny in patent fees.

With tens of thousands of double-head oil extraction machines, Shengli Oilfield can save more than 20 million Chinese dollars in patent royalties.

No matter how wealthy Shengli Oilfield is, it is impossible to turn a blind eye to more than 20 million Chinese dollars.

For Yao Yuan, the importance of oil exploration in the Tyumen oil area does not lie in economic benefits, but in that it represents the first time that Huaxia Petroleum Company has gone abroad to compete with international rivals, and that it is the next step for the Baku Oilfield in Azerbaijan.

of bidding.

He must have a professional team with experience in overseas exploration.

Yao Yuan really didn't take Garlotovich's $50 million contract seriously. If the only opponents left were Han Bangzi and Xiao Nippon, he would never invest in fifty exploration teams at once.

"The last twenty exploration teams will start exploration tomorrow at the latest." Qin Zhenjun reminded Yao Yuan.

Yao Yuan nodded slightly, understanding what Qin Zhenjun meant.

If Well No. 21 yields results, there will be no need for the other twenty exploration teams to carry out exploration according to the original plan, which can save a lot of money.

"They're out of gas." Lin Wei shouted with the satellite phone in his hand still pressed to his ear.

Everyone was shocked.

Lin Wei quickly walked to Yao Yuan, "A Yuan, what should I do?"

Qin Zhenjun couldn't help but stare at Yao Yuan. At this time, every decision Yao Yuan made would affect the direction of millions of dollars in funds.

"How much does it produce per day?" Yao Yuan asked.

Lin Wei shook his head, "I don't know yet, Brother Hu said they are trying it."

Yao Yuan said in a deep voice, "Director Qin, continue according to the established plan."

"Okay." Qin Zhenjun couldn't stand any longer, took off his coat, rolled up his sleeves, and walked over to join the work team.

A casino in Alaska is nothing. Oil exploration is the most thrilling gamble in the world. It can easily cost tens of millions or hundreds of millions of dollars, and all it takes is one decision.

Yao Yuan's decision to proceed according to the established plan means that he firmly believes that his previous judgments and conclusions are correct, means that all exploration teams will proceed according to the plan, and means that millions of dollars in exploration funds will continue to be spent like water.

"Yes, it's okay. Maybe we can produce more oil and beat Han Bangzi." Lin Wei comforted himself with a forced smile.

Indeed, according to the rules, if oil is produced on the same day, whoever has a higher daily output will win the contract and have the last laugh.

It was already past noon and no one was in the mood to eat.

Several jeeps drove over on the dirt road. Garotevich came, as did Kim Jae-hyun and Qianzhong Shin-il. They were chatting and laughing with Garotevich and were already celebrating their victory.

The Korean team celebrated their victory in advance.


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