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Chapter 3: Landmark Texas (1)

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"Okay. After you fully understand our situation here, let's arrange your future development plan together. Although Xiaohao and I understand the direction of future history, we still lack a lot of grasp of the overall situation and the future development direction of our team. You can check it out." Zhou Tian responded with a smile.

"You are doing very well now. If you want me to come to the United States to do these things, it may not be better than you." Zhao Zhenzhong smiled and confirmed it, and then asked, "Are there any other things that surprise me? Say it, let me be happy."

"Some are there, but it's not as big as the gains in the stock market, and it's also a bit troublesome." Zhou Tian hesitated.

"Sister, just talk. It just so happens that Lao Zhao is here, so if there is anything to let him stand it? Is the male protagonist outside?" Zhou Hao said with a smile.

"Bah! You guys will talk nonsense." Zhou Tian gave Zhou Hao a blank look, and then said to Zhao Zhenzhong: "Okay, I'll tell you another surprise."

"In addition to gold digging in the stock market, our biggest investment is land. Of course, it is not the manor in New York and Boston, but a large area of ​​land was purchased in Texas, which was to be precise and obtained the lease and development rights of 480 square kilometers of land."

"Texas? It's not East Texas, right?" Zhao Zhen asked in the center.

"It's there. Don't interrupt me first, listen to me." Zhou Tian didn't want Zhao Zhenzhong to say the result first, so he simply refused to ask him questions.

"Before you arrived in the United States 25 years ago, you emphasized that you should arrange the majors you study in overseas students, especially petrochemicals, steel and metallurgy, machinery manufacturing, electronics and electrical appliances, which are very critical for future development. In addition, Xiao Hao reminded that oil is the blood of modern industry, so I took advantage of the opportunity that the East Texas Oilfield has not yet been discovered and secretly arranged personnel to purchase large areas of land in the area where the oilfield is located."

"Although the land acquired is about 480 square kilometers and is very large in area, now there is basically a wasteland and the price is very cheap. A total of more than 1 million US dollars were invested and I took it down. After the establishment of Huamei Investment Company at the end of 26, I organized 8 exploration teams through the company in 27 years to explore that land."

"Although I also know from the information in the electronic library that the oil production in the large oil field is concentrated, in order to avoid some unnecessary trouble, let them explore it themselves first."

Texas, abbreviated as Texas, is the largest state in the southern United States and the second largest state in the United States, with an area of ​​691,000 square kilometers. The history of oilfield development here began as early as 1901.

In January 1901, a blowout occurred near Beaumont, Texas, and a high-yield "spindle" oil field was discovered. Since then, an oil field was found in Texas. Soon, an oil field was also discovered near Hamble. The oil field in Texas tended to rise even more.

In a sense, the discovery of Texas' "spindle top" high-yield oil fields not only changed the United States' oil industry, but also changed the way the world uses oil. The reason is that the quality of oil explored around Beaumont is very low, and it is not refined into kerosene, but it can be used as a good fuel oil. It is this that changed everything. Beaumont's oil production was very huge, and the oil prices fell to 3 cents per barrel. At that time, it took 5 cents to buy a glass of water. With such cheap and sufficient amount of oil as fuel, railways and ship companies changed from coal to fuel. The most obvious thing is that the Santa Fe Railway had only one fuel locomotive in 1901, and by 1905, it had increased to 227 units. Seeing the advantages of fuel as power, all parties began to follow suit, including the navies of the United Kingdom, the United States and Germany.

Although there were many oil seekers in other parts of Texas, there was basically no gain until the discovery of the East Texas oil field.

In the eastern part of Texas, there is a dense pine forest, triangularly sandwiched between Dallas, Houston and Shreveport, Louisiana. In the 1920s, the area was extremely backward. Although there were villages and sawmills of asphalt oil-paper roof houses, there were few decent roads and a small population. After years of drought, local white farmers faced the door-to-door debt collection. It was in this case that Zhou Tian was able to acquire such a large piece of land from the local government and the unprofitable farmers who operated the farm for more than $1 million. Of course, in the eyes of those small farmers who were on the verge of bankruptcy, the price offered by this Huamei Investment Company was really satisfactory, not only could repay the bank debt, but the remaining funds were enough to move to other places to engage in other businesses.

Below this area with a total land of 560 square kilometers is the famous East Texas oil field in history.

The East Texas Oilfield was not only the largest oilfield in the United States, but also a large oilfield worldwide. In history, the East Texas Oilfield was discovered in 1930 and has always been the largest oilfield in the United States after its production. It was not until this location was replaced by the Prudeho Bay Oilfield in Alaska. Although the Prudeho Bay Oilfield came from behind, it was not discovered in 1965. In addition, the oilfield is located near the Arctic, with a harsh environment and difficult to transport crude oil after exploitation. It was not officially put into production until the oil pipeline was completed in 1977. In other words, the East Texas Oilfield ranked first in the US oilfield list for nearly 50 years!

In the past, Zhao Zhenzhong first studied machinery and engines and then studied new energy. He was involved in the oil industry and still had a lot of knowledge about some of the world's large oil fields. After listening to the general introduction of Zhou Tian's situation in the opposite direction, he smiled and said, "When I arrived in the United States in 25 years, I only asked you overseas students not to ignore petrochemicals in their professional choices, and to pay attention to oil reserves. I didn't expect you to even take down the oil fields."

"However, such a large oil field is not something we can eat now, not to mention that it is still the land of others." Zhao Zhenzhong reminded.

"Who said no? In order not to attract attention, I deliberately asked some people to acquire land in different names in the hands of local governments and farmers. I originally thought it would be difficult and I could not acquire much land. Unexpectedly, due to the drought in the local area for nearly 10 consecutive years, most farmers owed banks debts. In addition, many people wanted to change careers because they didn't get much harvest in the land for many years, and were eager to cash out the land in their hands. As a result, not only was the land price low, but the acquisition operation unexpectedly went smoothly. In the end, about 480 square kilometers of land fell into our hands." Zhou Tian explained with a helpless smile.

"480 square kilometers, if I remember correctly, the entire oil field area is only 560 square kilometers, right? We actually occupy more than 85% of the territory, which is indeed a big surprise. However, if this is not handled properly, it will cause a lot of trouble." Zhao Zhenzhong pondered.

"I was also confused when I found out. Fortunately, I haven't found oil yet. Although we occupy a lot of area, there should be no trouble in the short term. Now you are here, so you will be responsible for solving it." Zhou Tian naturally pushed the problem to Zhao Zhenzhong.

"You're simple." Zhao Zhenzhong was happy and asked immediately: "However, who are the remaining 15% of the land now? Is it the government, the farmer? or others?"

"As far as I know, the government and farmers have no land. The remaining 15% of the land lease rights are basically in the hands of some oil explorers. Among them, Hamble Oil Company accounts for a relatively large number, and the others should be scattered in the hands of some independent explorers called "wildcat prospectors". In addition, I heard not long ago that the British-Dutch Shell also showed some interest in there." Zhou Tian replied.

"Then these people wouldn't discover oil before our explorers, right?" Zhao Zhenzhong was a little worried.

"In theory, it shouldn't be." Zhou Tian said affirmatively, "The plots that are easy to construct are basically in our hands now. The remaining 15% of the area is basically hills, rivers and other areas that are very unfavorable for exploration and construction. Those people are much more difficult than those of our exploration teams in terms of construction."

"It's okay. However, we can't take it lightly. We should pay attention to the progress of those people in time so that we can take measures in advance." Zhao Zhenzhong reminded.

"There are people doing these things, don't worry. But, are you doing anything good now?" Zhou Tian asked.

"Now there is only a general idea, and it depends on the situation." Zhao Zhenzhong said in a deep thought, "But no matter what, we must never continue to grasp 85% of the oil field mining area. We must try to transfer some of the land as soon as possible before and after discovering oil. It just needs to find a suitable buyer, it will take some time."

"Or why don't we go and negotiate with Hamble or Shell? Anyway, they are also exploring there or are interested in it." Zhou Tian suggested.

"Xiao Hao, what do you think?" Zhao Zhenzhong turned around and asked Zhou Hao on the side.

"What I said is a task. I think we can also use some of the land as capital to establish a special oil exploration and development company, and then go public. In this way, it can easily reduce the proportion of land we have in our hands. However, since there is no oil found now, we probably won't get much benefit after the company goes public. Moreover, it is mid-August now, if this method is adopted, we must step up and we must go public before the stock market collapses in October." Zhou Hao put forward another idea.

"Old Zhao, you should talk about your thoughts." Zhou Hao asked directly when he saw Zhao Zhenzhong pondering.

"I tend to think about Xiaotian, but I don't want to find Hamble or Shell. If I want it, we can find Rockefeller to cooperate. We can sell most of the oil field mining areas, and even give them about 85% of the oil field area, as long as they agree with our conditions." Zhao Zhenzhong expressed his opinion.
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