The so-called waste oil wells are not completely abandoned oil wells, but oil wells with a daily output of less than 2 tons or very unstable output. From the perspective of Shengli Oilfield, these oil wells have lost the need for reinvestment, so it is better to hand them over to private companies for cooperation development, and the income may exceed the operation.

However, whether it is based on the technology from the 1980s or the technology in another 30 years, exploration errors occur frequently. Shengli Oilfield is also famous for its complex geological structure, with a large number of faults and numerous reservoir types that can make any expert stunned.

In this case, a waste oil well with a daily cost of 7 barrels of oil and drilled 10 meters deep into the deepest, which may turn into a high-yield oil well with a daily cost of 300 barrels. However, if the choice is wrong, the waste oil well that spends a lot of money to invest may become exhausted at any time, so that even the electricity bill cannot be made back...

The story of getting rich overnight and losing money has happened more than once on this land.

Su Cheng has heard many stories about this kind of story in school.

His eyes patrolled the map up and down, left and right, and finally stopped at several oil wells in Binnan.

Su Cheng carefully looked at the relative position again, finally opened the notebook, checked the information inside, and stretched out his finger at the red dot in Binnan without hesitation and asked, "Director Wei, can these oil wells be contracted?"

"5702 to 5705. It happens to be a plot of land." Wei Kong looked at the notes and smiled: "Of course there is no problem in contracting. Four oil wells, including the equipment above, are worth 40,000 yuan a year. However, these wells are all for a long time, and I'm afraid they can't produce 1 barrel a day. The cost is long."

Xiaopang looked at Su Cheng in confusion, but didn't say anything.

One barrel of oil is US$20. If the average of 4 barrels of oil per day, it will only have sales of US$28,000 a year, and the oil must be collected according to the official price, which is equivalent to a gross profit of 100,000. Delete 40,000 yuan of contract money, and then spread the water and electricity bills, operating fees, labor and quantity of relationship processing fees. If the operation is not good, it may be possible to lose money.

This is also the reason why private oil production only rose after 2000. By that time, oil prices had doubled, equipment efficiency and prices were doubled, and although contracting costs had increased, the operating space had increased.

Wei Kong was worried that Sucheng did not understand the market and explained specifically: "The oil field has restrictions on the contract fee for each oil well. The four wells in Binnan have been suspended for a long time. In the past, they could produce some oil intermittently, but it was completely out of reach a few years ago. I suggest you choose the oil wells of Li*jin. The price is a little more expensive, with about 20,000 yuan per port, and the equipment rent is exempted for three years. Those are oil wells that can produce more than ten barrels a day, which is more cost-effective than these four ports together."

"No, I'm optimistic about these four oil wells." Su Cheng knew that these wells could not produce oil now. However, under the very shallow heavy oil, there was another small reservoir.

It is said that it is small, which is relative to the national oil reservoir. The reserves of hundreds of thousands of barrels are millions of dollars for individuals. When I was in school, Su Cheng heard about the legend of Binnan’s oil boss. It is said that after spending hundreds of thousands of yuan, he became a billionaire in one fell swoop.

Of course, oil prices rose to more than 100 US dollars at that time.

Under his insistence, Wei Kong still asked someone to make a contract for him. After everything was completed, he smiled and said, "Thank you, Director Su for giving me the raw juice. Alas, I said it once and let you remember it."

"Huang Ping happened to go to Guizhou." Su Cheng shook hands with Wei Kong and said, "Can you introduce an oil production team to me? I think there are stocks for those 4 oil wells."

Wei Kong laughed and agreed.

Every little boss who collects oil in private feels that the oil well he has chosen is in stock. Some people succeed, they are particularly well-written, and some people fail, and there is no news.

The reservoir characteristics of Shengli Oilfield are destined to be a place for gambling oil.

Those scattered reservoirs are not connected to each other, as if they were deliberately hiding. The entire Shengli Oilfield includes two-thirds of the world's known reservoir types. No matter how powerful the exploration team is, they cannot count them all. Such oilfields may not be able to be exploited even if they are thrown to the Saudi royal family. In fact, even if they are mined for another 20 or 50 years, there will still be undiscovered small reservoirs on this land. One day, the large reservoirs of Shengli Oilfield are fully developed and the equipment and personnel are withdrawn, and these small reservoirs will still remain there, which is a permanent waste. Because by that time, the money spent on re-establishing the oilfield development environment will be far more than the value of the small reservoirs.

Because of this, 20 years later, private oil production companies in Shaanxi and Xinjiang were expelled, while private oil production companies in Shengli Oilfield were in full swing. With the cost and efficiency of state-owned enterprises, they were asked to gamble on small oil reservoirs of 5,000 tons or 10,000 tons. If they win, they would lose money. Only private bosses can make full use of these resources.

If there is a chance, Sucheng may leave the domestic large oil fields for future generations, but small oil reservoirs with disorderly distribution such as Shengli Oilfield are completely unnecessary.

After a few days, everything was ready.

The drilling team erected a yellow-blue k-shaped derrick with an effective height of 43 meters, as eye-catching as a TV tower. The base of the 6-meter-high drilling platform weighs more than 100 tons and is connected to the ground by a steel staircase.

The winch frame is on the base of the drilling table, and steel cables are mounted through a universal shaft turntable, and the drill rod and power system are connected. The generator room and the electric control room are also mobile, fixed steadily near the base, making a "rumbling" noise, which is enough to make people feel bored and uneasy.

But Su Cheng was excited.

No matter what professional an oil person is, he always has a dream in his life: to participate in oil extraction and witness the scene of oil spewing out.

The financial resources of tens of millions of oil workers, millions of stone machinery, thousands of enterprises, and the whole country are all just this moment after all.

Xiaopang and the seven or eight bosses behind him also clenched their fists.

In this era, there were few people in mixed oil fields and their relationship was pretty good. I heard that some people were re-drilling, so they naturally came to visit.

Li Yao, the captain of the drilling team, introduced to Su Cheng while monitoring the work of the winch and the turntable: "Our target well depth is 3,000 meters, and 40 drilling rigs are more than enough, so you should be fine."

Su Cheng nodded in a depressed manner and said, "Control progress, don't need to be too fast."

Li Yao responded strangely. He has been a drilling team for many years and has seen all kinds of people who require progress, but he has never seen anyone who requires progress control.

Su Cheng stared at the drilling platform without blinking. The waste well was also an intact oil well. All he needed was 10 to 100 meters down.

Fortunately, I was drilling in Shengli Oilfield, otherwise the drilling team's moving fee would have been overspent.

"The drill bit is gone."

Xiaopang stood in tiptoe in excitedly, and shouted in the loud noise: "Is it really going to get oil?"

"I'll know in a few minutes." Li Yao shouted.

Xiaopang could only nod. The drilling team spent their last batch of working capital. If there was no large amount of oil coming out, this business would have failed.

A few minutes passed quickly.

Su Cheng was tense and didn't say anything, and Xiaopang didn't dare to say anything.

When the drill rod ended, Su Cheng was a little impatient - it took too long. He couldn't help but wonder if he would remember it wrong.

Is the rumors wrong?

Su Cheng scratched his head and couldn't help but feel a little anxious.

"It's 10 meters." Li Yao said in a deep voice.

"Why is it so slow?" Xiaopang roared in his ear.

Li Yao was stunned: "Is Boss Su who asked me to control the progress?"

Xiaopang was so anxious that he wanted to run around the well three times.

"It's 50 meters." Li Yao kept reporting the numbers

“It’s 60 meters.”

The drilling rig fell steadily without any change at all.

The atmosphere at the scene became a little impetuous. Li Yao's hands holding the walkie-talkie were a little sore. Maybe he was unsure and had no strength. He just looked at Boss Su's calm appearance and his hands tightened a little. At this time, the drill pipe suddenly sank...

...
Chapter completed!