Chris Patton, John Bruno and James Lin will be Yang Jing's closest partners in this period in the United States.

Chris and John, the two bodyguards, are responsible for the safety of Yang Jing and Lin Dan, while Lin Dan is responsible for all Yang Jing's auxiliary work in the United States.

Yang Jing has money in his pocket, but he knows nothing about the United States. He has never been to the United States before. Although he learned about the United States by reading the information before coming, he still had to rely on a local snake to do auxiliary work for him.

Lin Dan, the striking young man, obviously suits Yang Jing's appetite. Others are smart enough and know enough about the United States. With him here, Yang Jing can do some work with confidence.

Lin Dan first accompanied Yang Jing to apply for a bank card at a Citibank not far from the branch, and then took Yang Jing and two other bodyguards to Chinatown, where he had a very sumptuous and authentic Cantonese cuisine. Then he moved into the hotel with Yang Jing.

"Brother Yang, where will we go tomorrow? You'd better tell me in advance, I'll be ready to go tonight."

"Well, brother, I want to ask if there is an old oil well auction in San Francisco?"

"Old oil well auction?" James Lyn asked strangely. "Although California also has rich oil resources and many oil wells are old oil wells, there is no old oil well auction in San Francisco."

After a pause, James Lin said: "The onshore oil fields in the United States are mainly distributed in the central and southwestern United States, as well as California and Alaska. State such as Mississippi, Kansas, Texas, Louisiana, Arizona, New Mexico, etc. are all major areas that produce oil. However, in these states, Texas is the first to develop oil fields, so there are many old oil fields and old oil wells here. Most of the oil fields here have been developed for more than a hundred years, so there is basically no potential to dig. Therefore, most of the old oil well auctions are in Houston, Dallas, Austin, and other cities in Texas. Of course, many old oil well auctions are held in New Orleans, Memphis, and Kansas every year. As for California, most of the old oil well auctions are in Los Angeles and San Diego."

Yang Jing nodded after hearing this, thought for a moment and said, "Xiaolin, then you will be affected tonight to check it out where the recent old oil well auction was held and when."

"Brother Yang, are you going to buy an old oil well?" Lin Dan asked.

"Well, I'm a little interested in this area, so I want to try to enter this industry."

"Okay, I'll check it out tonight. Although our Rongbao Mining mainly deals in metal minerals, there are many old friends in the oil industry. Don't worry, it will be found out soon."

When Lin Dan walked out of the room, Yang Jing threw himself into the sofa and lowered his head to consider the plans for the past few days.

Yang Jing was not aimless in buying the old oil well, because in China, he had tried to absorb some natural things to increase the natural treasure gas reserves in the holy ring, but except for jade and precious gems such as jade, jade, the effect of other things is not very obvious, including crude oil.

There is a petrochemical factory in Tianqu City. Several classmates of Yang Jing’s uncle Li Long work in this factory, so Yang Jing has the opportunity to get in touch with the raw material in this petrochemical factory - petroleum.

As a mineral that has been brewed by Mother Earth for tens of millions or even hundreds of millions of years, oil is also the essence of the earth. So Yang Jing wanted to try it out and see if there is natural treasure in oil.

What made Yang Jing excited was that the oil indeed contained natural treasure qi, but what was also disappointing was that there was too little natural treasure qi contained in oil.

Yang Jing commissioned his uncle's classmates to buy ten liters of crude oil from the petrochemical factory. As a result, the natural treasure gas contained in these ten liters of crude oil was pitifully small. The natural treasure gas contained in these ten liters of crude oil could not even increase the natural treasure gas convergence pool by one ten thousand...

Originally, Yang Jing gave up on crude oil, but during that time, Yang Jing tried many things, but the results were not much better than crude oil.

According to the natural items that Yang Jing tried, in addition to jade and jadeite, precious metals such as precious metals such as gold and platinum also contain a lot of natural treasure energy, but other things contain much less natural treasure energy, including the diamonds that Yang Jing thought should contain the most large amount of natural treasure energy.

In terms of value, diamonds are much more expensive than jadeite, Hetian jade, etc., but, such a precious diamond contains less natural treasure energy than copper, and only a little more than crude oil...

This discovery also made Yang Jing fully understand why many people say that diamonds are all fryed, and their value is even less valuable than a piece of coal of the same volume.

Coal blocks can also be lit to keep you warm when you are cold, but what are the uses of diamonds? Do you think diamonds can burn or build a house? This thing is of no use except that it can refract a light!

Moreover, diamonds are elemental crystals composed of carbon elements. There are so many things inside the earth that their essence is no different from graphite. However, under the hype of some people who are interested, diamonds have become the most expensive gem on this planet...

So Yang Jing completely gave up on Diamond. Of course, even if he didn't give up, neither diamond nor diamond mine could be involved in it now.

However, it is precisely because of diamonds that Yang Jing remembered a mineral that had been ignored before, that is oil.

Oil is similar to coal and base metals, and they are all very small. But what if there is a large amount of oil?

As the saying goes, sand gathers into towers, water gathers into seas, and wood forms into forests. These idioms studied by the ancestors of China are not in vain, they all contain supreme truths.

Yes, there is very little natural treasure contained in oil, but what if the amount of oil is enough? Ten liters cannot do it, let’s just give it a hundred thousand barrels. One hundred thousand barrels is not enough, let’s just give it a million barrels or even ten million barrels!

As long as the amount of oil is enough, you will not have to worry about natural treasures!

Similarly, if there is more coal and more base metals, it can also gather enough natural treasures.

If you want to collect so many minerals, you must at least own one or more minerals, otherwise you will not be able to absorb enough natural treasures.

But neither coal nor base metal ore is available to you at present, let alone more expensive precious metal or diamond ore.

And the only mine that is possible is oil wells! To be precise, they should be old oil wells that can no longer produce crude oil!

The sudden idea that arises because of diamonds is one of Yang Jing’s main purposes for coming to the United States this time.

Oilfield mining is different from other mineral mining. On this planet, the mining of other minerals is almost the same as it is, and it is impossible to leave minerals behind. But oil mining is different.

Oil was discovered by humans a long time ago, but oil has not been widely used for a long time.

However, with the emergence of internal combustion engines at the end of the 19th century, the importance of oil was immediately highlighted. Until now, oil has become the second largest natural energy source on the planet after coal applications.

The oil reserves on the earth are still very considerable, but due to its physical characteristics, oil is destined to be unable to be the same as other minerals. For other minerals, the mine owner wishes to dig three feet to dig the ground to dig all the minerals, but oil cannot be done. Every oil boss wishes to exploit all the oil in the oil field, but that is obviously impossible. At least at this stage, no one on this planet can do this.

Humans have been exploiting oil for more than a hundred years, but no matter how human science and technology develop, they are helpless in oil extraction.

Because the oil resources contained in an oil field can be exploited at most 35%, this amount is still large, and the exploitable amount of most oil fields is only about 30%.

In other words, an oil field with a reserve of up to 10 billion barrels can be mined at most, only 3.5 billion barrels of crude oil can be mined. The remaining 6.5 billion barrels of crude oil can only continue to sleep under the dark rock formations. At least in recent decades or even hundreds of years, humans have not been able to extract those too sticky thick oils.

Therefore, this old oil well with a large amount of heavy oil has become a waste of money in the eyes of those big oil companies - it is a pity to eat it and it is a pity to throw it away.

The development of an onshore oil well is usually around 100 to 2 million US dollars. When such an oil well invested million US dollars, it is already very small to mine oil. If it continues to be mined, it will require huge manpower, electricity and maintenance costs. For those big oil companies, it is very inappropriate to mine crude oil in such old oil wells.

But it is obviously not appropriate to abandon an oil well that has invested millions of dollars in this way. So over time, a new business was born, that is, the auction of old oil wells. That is, those old oil wells that originally belonged to large oil companies were auctioned for individuals to operate and exploit.

These old oil wells are useless for large companies, but they are still attractive to some private bosses. Privately exploiting old oil wells is low-cost. As long as a certain amount of crude oil can be mined, it is still profitable.

Especially if you are lucky enough to find new oil and gas layers from the old oil well you have photographed, it means you are rich.

This kind of thing has not happened before. In the United States, where the old oil well auction is the most prosperous, something magical happened.

It was at an old oil well auction entering the new century. A Californian named "Scott Lee" sold fourteen old oil wells in a small discontinued oil field in Mississippi for a total of $34,000 at an auction. The 229-acre old oil field was discovered in 1952. After more than 20 years of mining, it was stopped in 1974, with a total of 4.09 million barrels of oil.

The fourteen old oil wells in this oil field were eventually stopped due to high water production. After taking pictures of the fourteen old oil wells, Scott Li immediately invested millions of dollars to resurvey these old oil wells. It took him more than half a year to find that there were seven oil and gas layers in the old oil field that had not been mined!

Although these seven oil and gas layers are very thin, after calculation, the geological reserves of the unfinished oil and gas layers are as high as more than 24 million barrels, while the recoverable reserves can reach 7.2 million barrels, which is more than 3 million barrels more than the total output of the oil field in 22 years!

According to the analysis of very experienced American operators, Scott Lee's return rate in this small oil field is as high as 73.36 times. In other words, without calculating the funds invested by Scott Lee to auction the old oil well, when Scott Lee redeveloped the old oil field, an average profit of US$73.36 per dollar invested! The entire investment recovery period is only 9-11 months. As for the cost of crude oil per barrel, it is only a mere US$3.

This is an example of getting rich overnight. Scott Lee is now a veritable billionaire!

There are now more than 3 million old oil wells in the United States. These old oil wells that are almost shut down or simply shut down contain a lot of business opportunities.

These business opportunities make countless people who want to be the second Scott Li go to participate in the auction of the old oil well, but for Yang Jing, he has no interest in oil mining at all. He just wants to buy a few old oil wells and then secretly absorb all the natural treasure gas contained in the remaining 65% or even 70% of the heavy oil in the old oil well!

There is indeed very little natural treasure energy contained in ten liters of crude oil, but what if it is too much?

A barrel of crude oil is about 159 liters, and how much heavy oil is contained in a closed old oil well? I dare not say tens of millions of barrels, but hundreds of thousands of barrels are definitely available. If so much crude oil belongs to me, then the Holy Ring should not absorb enough?

If an old oil well is not good, then let’s buy a few more old oil wells. Anyway, the auction price of old oil wells is not high.

There are many old oil wells in the United States. Some old oil wells with good conditions can even be sold at high prices of millions of dollars, but the auction prices of more old oil wells are very low.

The auction prices of many closed-off old oil wells are incredibly low, and the auction price of a closed-off old oil well is even less than 100 US dollars. Of course, almost no one cares about this kind of old oil well.

But others are not interested in this old oil well, which does not mean that Yang Jing is not interested. Others cannot mine the remaining heavy oil in the old oil well, but these heavy oils are rare toxins for the Holy Rings...

It is precisely for this reason that Yang Jing decided to come to the United States.

Taking a few old oil wells was one of Yang Jing's main purposes for coming to the United States this time.

The next morning, Lin Dan sent a report to Yang Jing, which was found overnight last night.

The closest old oil well auction is just the day after tomorrow, in Austin, the capital of Texas...
Chapter completed!