"Albert, can I ask you an adventurous question? It's about oil and gas. If I don't ask this question, I think I'll be suffocated." Alec Perov, who had a buzz cut, asked with a smile.

Yang Jing shrugged and smiled, "No problem, Vajit. But I just don't know if I can answer your question. After all, you are the real expert in oil and gas, and I am far inferior to you."

Alec Perov accepted Yang Jing's little compliment with a smile.

"Albert, the question I want to ask is that in the previous year and last year, you Rongbao Mining discovered new oil and gas reservoirs in Beaumont, the United States and Oham, Algeria, respectively. Especially in Beaumont, the wells there have been sealed for more than half a century. How can you find new oil and gas reservoirs from those old oil wells? If it is one, I can still understand that you have good luck, but the Oham Oilfield in Algeria is also an old oil field that has been mined for decades, otherwise the French would not have let go. But after you took over, you found an oil and gas reservoir with larger reserves... This is a bit unreasonable..."

After a pause, the oil oligarch looked at Yang Jing, "Can you have any legendary magic that can turn waste into treasure? Or can you find new oil and gas reservoirs that have not been developed in many old oil wells?"

To be honest, the oil oligarch's words really made Yang Jing feel a little scared. His first guess was actually the real answer.

As we all know, oil is currently the most important energy mineral in the world. However, oil extraction is not so easy.

From the late 19th century to the 1930s, oil production technology at that time could only produce 15%-20% of the oil in the oil and gas reservoir. At that time, oil production technology used self-spraying or oil pumping machines to produce oil. Once the light oil in the upper layer of the oil and gas reservoir was mined completely, the original oil production technology could not produce heavy oil in the middle and lower parts of the oil and gas reservoir.

Then, starting from the 1930s, the former Soviet Union invented the oil production technology that injects water and gas into the oil layer and replenishes energy to the oil layer to extract oil is called secondary oil production. This oil production technology can mine up to about 30% of the oil in an oil and gas reservoir.

Later, people used chemical substances to improve the performance of oil, gas, water and rocks, and mined more oil, which is called third-time oil recovery. Methods such as injecting surfactants into the oil and gas reservoirs, injecting polymer thickened water, alkaline water flooding, carbon dioxide flooding, alkaline plus polymer flooding, inert gas flooding, hydrocarbon mixed phase flooding, burning oil layers, steam flooding and other methods to improve the oil recovery rate. Some people also call some of these methods four-time oil recovery.

However, no matter whether it is three oil production or four oil production, at most 35% of the oil in one oil and gas reservoir can be mined, and it is rarely more than this proportion.

In other words, under the most advanced oil production technology, more than 60% of the heavy oil remains in the oil and gas reservoirs and cannot be mined. Although people are very jealous of the remaining heavy oil, they can only sigh.

But, the magical holy ring has an additional function, that is, when Yang Jing uses the holy ring to absorb the treasure qi contained in these heavy oils, these heavy oils may be because the treasure qi is evacuated, or for some other unknown reasons. Anyway, half of these heavy oils will magically transform into mineable light oil within a few days after the treasure qi is extracted...

In other words, if an oil field with a storage capacity of 100 million tons is mined according to the current normal mining methods of human beings, up to 35 million tons of them can be mined, and 65 million tons of heavy oil cannot be mined, and it can only be wasted.

But if Yang Jing intervenes, 32.5 million tons of the remaining 65 million tons of heavy oil will be converted into mineable light oil!

In total, if Yang Jing intervenes, the total exploitation of an oil field with a storage capacity of 100 million tons can account for 67.5% of this oil field!

This is almost equivalent to double the output of an oil field!

This huge secret comes from the holy ring, and Yang Jing certainly won't tell it. Moreover, Yang Jing does not intend to use this method to accumulate wealth, because this method is OK occasionally. If you use it too many times, the existence of the holy ring will inevitably be exposed.

That's why Yang Jing made up a guise of the ancestral great qi-seeking technique to conceal the existence of the holy ring.

But now, this old man guessed this matter at once. How could he not make Yang Jing frightened?

However, Yang Jing has not been in vain for training these years. He quickly adjusted his mindset and smiled without changing his face: "Warjit, I have to say that your imagination is really rich. I really hope that such magic will be achieved. In that case, the old oil fields in the world that cannot be mined will become inexhaustible ATMs for me!"

Alec Perov also laughed, obviously, he also felt that his idea was a bit brain-opener.

Although the two of them smiled happily and had a happy chat, Yang Jing knew that if he didn't explain it clearly to the old man, then the subsequent cooperation might be unhappy.

Such powerful oil oligarchs usually like to control everything in their own hands, and they are unwilling to see things that are not under their control.

Therefore, Yang Jing once again brought up the magical story of "Ancestral Great Look at the Qi Technique".

Isn’t it just a fool? Take action when it’s time to take action!

"Actually, I can find new oil and gas reservoirs from old oil wells that can no longer be produced, thanks to my ancestral secret technique."

"The secret technique passed down from ancestors?" Alec Perov asked in surprise.

"That's right, it's a mysterious magic that has been passed down for thousands of years. Wajit, you know I am a Chinese, and in China, there are always some magical skills that science cannot explain." Yang Jing smiled and said mysteriously.

Alecperov nodded suddenly, "I know this, and not only you China, but also some mysterious ancient families in Europe, there seem to be some mysterious magic that cannot be explained by science. To be honest, I didn't believe in these things before."

"Haha, Vajit, you can't believe some things. These magical magics have been passed down for hundreds or even thousands of years, and they must have their own principles. The reason why science cannot explain them is that human scientific methods cannot explain these phenomena, but this cannot be a reason for people not to believe them. For example, I have an ancestral secret technique that can detect the Feng Shui in the old oil fields, and finally find the direction of life after a series of complex calculations."

Alec Perov nodded in a vague way. It was obvious that he had been stunned by Yang Jing's nonsense.

If someone else said this, Alex Perov would probably have to slap the man aside with a slap. But he couldn't believe what Yang Jing said, after all, Yang Jing's previous record was there.

The old oil wells in Beaumont that have been sealed for half a century can help him find new oil and gas reservoirs; the old oil fields of Oham Oilfield, which have no mining value, are also rejuvenated in the hands of this young man.

These living reality is placed in front of people all over the world. You may not believe it, but you can’t say that I am nonsense!

After a long time, Alec Perov said in an admirable tone: "The ancient Chinese really is a hidden dragon and a creeping tiger, but I have less knowledge."

Yang Jing waved his hand with a smile and said, "Wajit, you can't say that. In fact, there are strict restrictions on using this ancestral secret technique. Not all old oil wells can find new oil and gas reservoirs, just like the more than 600 old oil wells purchased from you this time. To be honest, I am not sure that I can find new oil and gas reservoirs. If I can't find a new oil and gas reservoir, the more than 100 million US dollars from our Rongbao Mining will be thrown away in vain."

"Haha, how could it be thrown away in vain? With you here, I calmly use your ancestral secret technique to search for it, and I will definitely be able to find a new oil and gas reservoir."

Yang Jing shook his head and said, "Wajit, you can say that, but things can't be done like that. Using this ancestral secret technique is very energy-consuming. To put it simply, if I perform this secret technique once, it will at least consume one to two years of my life! Do you know the life span? That is the life span of a human! So, if there is no special situation, I will never use this secret technique."

"Ah?" Alec Perov widened his eyes in surprise, "Albert, will you consume your ancestral secret technique consume your life? This is a huge loss, right?"

"Who said no?" Yang Jing shrugged, "It is precisely because of this that I will not use this secret technique easily. Otherwise, if I could use this secret technique, those old oil wells in the world would probably become my ATMs."

After a pause, Yang Jing looked at the oil oligarch and said seriously: "So, the more magical the spell, the greater the limit of its use. Just like the great qi-seeking technique I passed down from my ancestors, it will consume one to two years of life every time it is used. If I don't get hundreds of millions of dollars in return, how can I deserve the spent life? Wajit, this is a human lifespan, and I can't buy it back no matter how much it costs. I am young now, and I dare to squander once or twice. If I am a little older, I will never use this secret technique again. Although this secret technique is magical, it is really deadly..."

Alec Perov nodded silently. He originally wanted to try whether he could ask this young man to help him. Now it seems that even if he asks for it, he may not agree.

Alec Perov didn't believe it very much about consuming life, but he knew that everything in the world had a price. If this young man wanted to use such a magical secret technique, he would have to pay the corresponding price, but it would definitely not be as he said, but it would have to pay the price of life. That would be a bit unreasonable.
Chapter completed!