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Chapter 609 No oil found

Yao Yuan was really worried.

Su Jianmin and Qin Zhenjun have been following him for the past two days, which shows that the progress of the oil field has reached a critical moment and needs to be decided by him personally.

Yao Yuan knew that Lin Shuting said this deliberately so that he could go to work with peace of mind. He only felt guilty for Lin Shuting.

A must visit to the Egyptian Pyramids.

After returning to Abu Dhabi, Lin Shuting settled in the villa with peace of mind. Every day she and He Jiahui went out for a walk and bought some food to cook. Because she was really not used to the food here, her life was quite comfortable.

, leisurely and leisurely.

The Sedan Oilfield is a different story.

On the Dongfang-5 drilling platform, Yao Yuan stood in the control room and looked at the sea. There must be a huge amount of oil underneath, unless this earth is not the original earth.

However, after more than half a year of exploration, more than a dozen wells were drilled, from 3 kilometers away from the coastline to 30 kilometers away, which is already the edge of the oil field.

Qin Zhenjun reported, "A few wells produced oil, but they did not meet the conditions for mass production. I organized a new geological exploration, and the results were the same as before, but the oil could not be produced. This is really wrong. I have been in trouble for the rest of my life.

I have never encountered such a situation.”

He, the technical director, has been keeping his eyes on the forefront. He has lost weight and darkened his body color. He is very haggard.

More than 60 million US dollars were thrown away, and only a little oil was seen. You can imagine how much pressure Qin Zhenjun was under. The budget for exploration was 50 million US dollars. In other words, Qin Zhenjun had seriously overspended, but he did not find anything.

Oil.

Several oil companies came to us to cooperate. Abu Dhabi was also urging them, and Su Jianmin was not having a hard time.

This is the main reason why Yao Yuan came to Abu Dhabi in person.

Yao Yuan asked, "Where are Dongfang-5 planning to move to?"

"No. 17 is also the last position on the edge line." Su Jianmin said, pointing to the point on the map.

Yao Yuan discovered that position 17 was not very far from here.

He asked Qin Zhenjun, "Mr. Qin, tell me what you think."

Qin Zhenjun pondered for a moment and said, "I want to go back offshore and drill another well."

"Old Qin, so many wells have been drilled offshore. You can't even see the oil. On the contrary, the farther away the wells are, the more oil you see. This shows that the oil reservoir is far away from the coastline. Position 17

This is our last chance. If oil cannot be produced there..." Su Jianmin was very excited and did not say the next words because Dongfang Petroleum only had a one-year exploration period.

If oil cannot be produced within a year, the oil field will be taken back and rebid, and Dongfang Petroleum will not be able to recover a penny of all its previous investment.

A conservative estimate puts the loss at US$300 million.

Yao Yuan can bear such losses, but Dongfang Petroleum, which is on the rise, cannot bear it. In fact, the most serious thing is that if oil cannot be extracted, Dongfang Petroleum will completely withdraw from the oil exploration industry in the United Arab Emirates, which means that China will

Lost an opportunity to obtain stable oil energy.

It is related to national oil and energy security and cannot be measured by economic losses.

Qin Zhenjun's method is equivalent to starting from scratch.

Yao Yuan asked, "Mr. Qin, do you have any evidence?"

"Yes." Qin Zhenjun took a seabed topographic map and said, "Sedan Sea is quite strange. The maximum depth of the offshore reaches more than 600 meters. About 10 kilometers away, the terrain rises and a small mountain range on the seabed is formed here. The water depth is only a few meters deep.

Ten meters.”

"According to geological sedimentation theory, if you see oil on the shallow seabed, you can also see oil on the deep seafloor. Our current problem is that we have not found the oil reservoir. Since so many wells have been drilled in the periphery, oil can also be seen.

This shows that the depth of the oil reservoir may be deeper than what we calculated."

Qin Zhenjun paused, "So I asked to drill another well in the offshore waters. I only need to drill one well to prove whether my inference is correct."

"What if it's wrong? Comrade Lao Qin, do you know that you have seriously overspended?" Su Jianmin disagreed with Qin Zhenjun's point of view, "Since we have reached this point, we should hit the last position. This is the last hope."

This is where their conflicts center.

It's up to Yao Yuan to make a decision.

No matter what decision he makes, if he fails, the price will be unbearable.

What Qin Zhenjun said made sense, and what Su Jianmin said also made sense. Both of them were experienced oilmen and knew the pros and cons very well.

Before making the decision, Yao Yuan asked Lin Wei, "Can the funds still keep up?"

"If I don't raise money, I can still get 30 to 40 million US dollars." Lin Wei answered directly.

A large amount of money was invested in several major domestic projects. At this time, Lin Wei's concern arose that there was not enough mobile funds.

It is true that Yao Yuan still has over one billion U.S. dollars in his foreign exchange account at the Bank of China, but the amount of money that can be used is limited. If he wants to use more money, he needs approval from the superior authority, which is very troublesome because it affects the country’s foreign exchange reserves.

Condition.

It's like, you have money, but you basically can't use it.

Oil exploration doesn't wait for people. If you don't have money, the machine won't work. Once the machine starts working, money will pour out. Yao Yuan used all his own exploration power and the exploration team of the Petroleum Corporation, and he had previously promised to pay people US dollars.

, in fact, these US dollars are to be spent from the money in the foreign exchange account of the Bank of China. The problem is that this is only the expense of the Petroleum Corporation.

There are also leased exploration platforms, such as Halliburton’s third-generation offshore drilling platform, which costs US$200,000 a day.

There is no way, Dongfang Petroleum itself only has five drilling platforms, of which Dongfang 1 and Dongfang 2 can only operate in offshore waters.

In addition to various expensive consumables, drilling a well on land costs US$1 million, and if it is offshore, it starts at US$3 million.

If you can't find any oil, you won't even have a hair on your head.

Oil exploration is such an adrenaline rush.

Yao Yuan pondered, "Thirty to forty million... Well, that's enough. Let's go back and move all our platforms back to the offshore waters. Five platforms will drill five wells at the same time. Mr. Qin, I'll give you five chances."

, how certain are you?"

Qin Zhenjun was stunned.

He could tell that Yao Yuan was going to make a last ditch effort, and his success or failure depended on the last five exploration wells in offshore waters.

Taking a deep breath, Qin Zhenjun said fiercely, "Xiao Yao, I will work hard to find the oil in the Sedan Oilfield!"

"Winning or losing is a matter of military strategism, but I firmly believe that there is oil in the Sedan Oilfield, and the reserves are very, very large. Uncle Qin, I trust your judgment!"

Yao Yuan then smiled and waved his hand, "Return!"


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