Jin Jaehyun was so excited that his mouth twisted. He walked straight to Yao Yuan and said, "Our No. 7 well has a daily production capacity of 15 tons. Mr. Yao, you lose."
This number is quite high, because it will continue to increase in the future, and it is not unusual to produce tens or hundreds of tons per day.
Yao Yuan looked at Garlotovich, "Have you decided to award the contract to the joint venture company of Hyundai Petroleum and Shinichi Chemical?"
"Of course not." Garlotovich smiled and shook his head.
Kim Jae-hyun's smile suddenly dropped and he said, "Mr. Garotevich, according to the rules, we have won. The agreement is very clear."
"Not really." Gallotovich said with a smile, pointing to the operation site of Well No. 21 of Southern Industrial, and said, "If Southern Industrial can produce oil before six o'clock in the afternoon, and the daily output exceeds yours, then it will win.
The one is Oriental Petroleum Services Company, a subsidiary of Southern Industries."
Jin Jaehyun was stunned for a moment, and then he remembered that this stipulation was indeed included in the agreement, a stipulation that all three parties agreed to.
"It doesn't matter, there are only more than two hours until 6pm, just wait." Qianzhong Xinyi said with a smile and nodded to Yao Yuan.
Because he knew that the cooperative relationship between Yao Yuan and Mitsubishi Corporation was very deep, he was not as domineering as Kim Jae-hyun, leaving some leeway for himself and Xinilhua. This is also the cunning thing about the little devil, letting others take the lead.
.
"Then wait a little longer." Kim Jaehyun showed a proud smile again, "But Mr. Yao, I advise you to stop at the cliff. The cost of Southern Industrial is already high, and you can save some. There is no shame in admitting defeat, right?
"
Yao Yuan smiled faintly and said, "So far, your two companies have invested 35 million US dollars each, right? Calculated based on time, it should be almost spent. Even if you get the mining sharing contract, you still need at least three
It will take years to recover the cost, and in these three years, you will continue to invest in expanding the scale of mining."
Kim Jaehyun's expression changed, and he said firmly, "As long as we win, all problems will disappear. Mr. Galojevich's oil field reserves can be exploited for at least ten years, and the preliminary proven reserves have reached 50 million.
Tons!”
"I believe so, but how much capital do you need to invest to reach an annual output of one million tons?" Yao Yuan asked again with a smile.
Reserves are reserves, recoverable reserves are another matter, and in the end, how much can be mined is the key. Tyumen Oilfield is known as the second Baku, which shows its huge reserves. At the end of the Soviet era, annual production reached its peak, reaching as high as
400 million tons.
However, after entering the 1990s, especially after Western oil giants sensed danger and withdrew one after another, limited by mining technology, the annual output was less than 2 million tons...
It will take at least three to five years of continuous investment for Hyundai Petroleum and Shinichi Chemical to increase their production to a scale that can bring sufficient profits.
When that time comes, the budding Emperor Pu will make them regret it.
Seeing that Kim Jae-hyun was frustrated, Qianzhong Xin suddenly said, "Hyundai Petroleum has reached a loan agreement with Mr. Garotevich, providing him with a low-interest loan of US$50 million."
Garotevich nodded and said, "Yes, I will repay it with oil. This fund will be used to expand production scale, hoping to produce one million tons per year as soon as possible."
This is different again.
Hyundai Petroleum and Shinil Chemical are both bureaucratic companies. They have to invest a lot of money, which not only requires a lot of time, various assessments and investigations, but is very troublesome. However, low-interest loans are provided to owners, and they are repaid with oil.
, in their view, it is a business that is sure to make money without losing money.
"Repay with oil? At what price?" Yao Yuan couldn't help but ask.
Gallotovich said, "The current price premium is US$3, which is short-term and will be repaid at the end of the year."
Yao Yuan was stunned, looked at Kim Jaehyun in surprise, and couldn't help but ask, "Hyundai Petroleum believes that oil prices will continue to rise? And the increase will exceed $3 by the end of the year?"
Only if the price rises by more than $3, will Hyundai Petroleum's loan be profitable.
"Of course." Kim Jaehyun chuckled.
Unexpectedly, Yao Yuan also laughed and said with admiration, "Modern oil is really powerful."
Hyundai Petroleum will suffer a loss of at least 30% on this loan, because the oil price at the end of the year will plummet to an unbelievable level. No matter how bad Yao Yuan's memory is, it is impossible to forget that at the end of 1993, the international oil price plummeted to 15 US dollars.
Horrible moment!
Yao Yuan even knew that after entering June, international oil prices would begin to fall.
Galotevich said, "Mr. Yao, this loan is an agreement between me and Modern Petroleum Company. It has nothing to do with racing exploration. You still have a chance."
His grandfather Garochka received a lot of benefits from Yao Yuan. In addition, he admired the courage of Southern Industrial to dispatch fifty exploration teams at once, and was very polite to Yao Yuan.
"Southern Industrial will definitely do its best..."
"Bang!"
Before Yao Yuan finished speaking, a loud noise suddenly sounded.
Everyone subconsciously looked towards the source of the sound.
An earth-yellow water dragon soared dozens of meters into the air.
"Blowout!"
There was a blowout in Well No. 21 that was in operation!
Yao Yuan didn't hesitate at all, and rushed over, so fast that even Jiang Yong couldn't react. Li Quan yelled and issued one order after another, directing the workers to deal with the emergency.
Among the advanced deeds of Iron Man Wang Jinxi, one of them is legendary. After a blowout occurred, there was no barite powder for well killing. Wang Jinxi decided to use cement instead, but there was no equipment that could stir the cement. He dragged an injured
People across the country are familiar with the photo of Wang Jinxi mixing cement.
At this time, Li Quan's disposal method was to use heavy mud, drive it down the well through pressurized equipment, and replace the light mud, thereby achieving the purpose of killing the well.
A better way is to calculate the required heavy mud and drive it downhole at once, but for the Chinese exploration team, this technology has relatively little exposure.
The reason why Yao Yuan rushed over was that a lot of people were needed to carry the cement!
The more people the better!
The big boss rushed in, and the others were naturally more unambiguous. For a moment, all the administrative staff of Nanfang Industrial joined the emergency response team.
Garotevich was frightened and couldn't help but step back several tens of meters. Looking at the mud dragon that was still twenty or thirty meters high, he could see how much pressure there was underground.
The same was true for Kim Jae-hyun and Qianzhong Shin-il. Although they were both insiders, they had never experienced a blowout and were equally frightened by the scene in front of them.
Liu Jianshe, the squad leader of the air compressor unit of the Li Quan exploration team, turned on the pressure of the pressurizing equipment to the maximum, touched the mud on his face, and found some pain in his forehead. He ignored it and stayed at his post.
A large amount of mud spread in the sky and then fell down. After a while, all the rescue personnel turned into clay figures.
Lin Wei dragged his fat body to transport two bags of cement at a time, holding one bag in one hand and gritting his teeth to deliver it to the mixer.
When Yao Yuan threw the two bags of cement into the mixer and turned around, he found that Lin Wei's face was dark, and subconsciously said, "Fei Wei, what's going on on your face? Is it engine oil? Where did you rub it? Is it somewhere?"
Is the oil leaking from your equipment?”
At the critical moment of the rescue, equipment problems are a disaster.
Lin Wei threw down the cement, touched his face, pointed at Yao Yuan, and said, "I don't know, you too, your face is also dark."
"How could that happen?" Yao Yuan wiped his face and suddenly smelled an unusual smell.
Yao Yuan smelled it several times, but it didn't smell like mud. He was stunned for a moment, and slowly raised his head to look into the air. He didn't know when the color of the mud dragon changed, and it became black and sticky on his face.
Liu Jianshe, who was not far away, also noticed something was wrong. He looked up and slowly opened his mouth in surprise. Something sticky fell into his mouth. The taste...
"It's oil!"
Liu Jianshe jumped up excitedly, "Oil is coming out! It's oil! Spouting well! Spouting well!"
Everyone was shocked by Liu Jianshe's voice. The people who were focused on the rescue looked up and saw a steady stream of black oil spurting out from the well, and then scattered and fell down.
Self blowing well!!!
Garotovich has been paying attention to the rescue situation, and suddenly found that the Chinese people cheered inexplicably. Many people hugged each other, and the black and sticky things spilled from their open arms seemed to be celebrating something. They should not be in emergency rescue.
Of?
Knowing nothing about Chinese, he asked the translator beside him in confusion, "What are they cheering for?"
"The blowout well seems to be producing oil." The translator said very uncertainly, "But it must be good news, because they are very excited."
"Are you sure it's a spout?" Garotovich's heart seemed to have been hit hard by something.
The translator listened attentively again, and finally nodded with certainty, "Yes, the phrase they cheered most frequently is the self-effluent well."
No matter how slow Garlotovich was, he still reacted.
What is spewing out from the well now is not mud, but oil!
No intervention is required, the oil will spurt out by itself depending on the downhole pressure!
He rushed to the work site with a "ouch" sound, plunged into the black rain of oil, hugged every Chinese worker he knew and didn't know, celebrated crazily, and even tasted the disgusting smell of oil.
, in his opinion, these black and sticky things are the best-smelling things in the world, and what is sprinkled from the sky are basically green dollars!
Even outsiders understand what a blowout well means...
Kim Jae-hyun and Qian Zhongxin stared at the sudden change in front of them. There was obviously a blowout accident, how could it turn into a self-blowout well?
Looking at the crude oil rising from the well to a height of twenty to thirty meters, they all knew that Southern Industrial had won.
Not to mention a mass production well with a daily output of 15 tons, even the sum of 10 of them would probably not be able to compare with the daily output of this self-effluent well.
There is no doubt that Southern Industrial's No. 21 exploration well hit the G-point of the underground oil layer.
Qianzhong Xinyi suddenly felt a little lucky. Fortunately, he did not provide low-interest loans to Gallotovich like Hyundai Petroleum did before. Otherwise, wouldn't it be a wedding dress for Southern Industry?
What Kim Jae-hyun saw through the black dragon in the sky was his dim future, a loss of tens of millions of dollars, which he could not explain no matter what...