"Albert, can I ask you a presumptuous question? It's about oil and natural gas. If I don't ask this question, I think I will be very upset." Alekperov, who had a crew cut, asked with a smile.
Yang Jing shrugged and said with a smile: "No problem, Wadget. But I just don't know if I can answer your question. After all, you are the real expert in oil and gas. I am far inferior to you."
Alekperov accepted Yang Jing's small compliment with a smile.
"Albert, the question I want to ask is, your Rongbao Mining Company discovered new oil and gas reservoirs in Beaumont, the United States, and Oham, Algeria, the year before last and last year, respectively. Especially in Beaumont, the oil wells there have been sealed for more than half a century. How did you find new oil and gas reservoirs from those old oil wells? If there is only one, I can still understand that you are lucky, but the Oham oil field in Algeria is also an old oil field that has been mined for decades, otherwise the French would not have let it go. But after you took over, you discovered an oil and gas reservoir with larger reserves... This, this is a bit unreasonable..."
After a pause, the oil oligarch looked at Yang Jing and said, "Do you have some legendary magic that can turn waste into treasure? Or can you find new oil and gas reservoirs that have not yet been developed among the many old oil wells?"
To be honest, Yang Jing was really frightened by what the oil oligarch said. His first guess was actually the real answer.
As we all know, oil is the most important energy mineral in the world. But oil extraction is not so easy.
From the end of the 19th century to the 1930s, the oil production technology at that time could only produce 15% to 20% of the oil in the oil and gas reservoirs. The oil production technology at that time was to use self-flowing or pumping to produce oil. Once the light oil in the upper layer of the oil and gas reservoir was produced, the primitive oil production technology would not be able to produce the heavy oil in the lower part of the oil and gas reservoir.
Then, starting in the 1930s, the former Soviet Union invented a technology called secondary oil recovery, which injects water and gas into oil layers to replenish energy and extract oil. This oil recovery technology can extract up to 30% of the oil in an oil and gas reservoir.
Later, people used chemical substances to improve the mutual performance of oil, gas, water and rock to extract more oil, which is called tertiary oil recovery. The oil recovery rate is improved by injecting surfactants, polymer thickened water, alkaline water flooding, carbon dioxide flooding, alkali plus polymer flooding, inert gas flooding, hydrocarbon miscible flooding, burning oil layers, steam flooding and other methods into oil and gas reservoirs. Some people also call some of these methods quaternary oil recovery.
But whether it is tertiary or quaternary oil recovery, at most only 35% of the oil in an oil and gas reservoir can be extracted, and it is rare to exceed this proportion.
That is to say, even with the most advanced oil recovery technology, more than 60% of the heavy oil remains in the oil and gas reservoirs and cannot be recovered. Although people are envious of the remaining heavy oil, they can only sigh in despair.
However, the magical holy ring had an extra function. When Yang Jing used the holy ring to absorb the precious energy contained in the thick oil, the thick oil, perhaps because the precious energy in it was drained out, or for some other unknown reason, would magically transform half of the thick oil into exploitable light oil within a few days after the precious energy was extracted...
That is to say, if an oil field with a storage capacity of 100 million tons is mined using current normal human mining methods, at most 35 million tons can be mined, and the remaining 65 million tons of heavy oil cannot be mined and will only be wasted.
But if Yang Jing intervenes, then 32.5 million tons of the remaining 65 million tons of heavy oil will be converted into recoverable light oil!
All in all, if Yang Jing intervenes, then the total production 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 doubling the output of an oil field!
This huge secret came from the Holy Ring, so Yang Jing would certainly not tell anyone. And Yang Jing did not intend to use this method to accumulate wealth, because this method was okay to use occasionally, but if used too many times, it would inevitably expose the existence of the Holy Ring.
Therefore, Yang Jing made up a cover-up of an ancestral Great Wangqi Technique to cover up the existence of the Holy Ring.
But now, this old man actually guessed it all at once. How could Yang Jing not feel shocked?
But Yang Jing's training over the years was not in vain. He quickly adjusted his mindset and smiled calmly, "Wadget, I have to say you have a very rich imagination. I really hope to learn such magic. If I do, all the old oil fields in the world that can no longer be mined will become my inexhaustible ATM machines!"
Alekperov also laughed, and it was obvious that he also felt that his idea was a bit out of the ordinary.
Although the two of them were laughing and chatting happily, Yang Jing knew that if he didn't explain things clearly to the old man, there might be some unpleasantness in the subsequent cooperation.
These powerful oil oligarchs usually like to control everything in their own hands, and they don't want to see things that are beyond their control.
Therefore, Yang Jing once again brought out the magical story of "the ancestral art of looking at qi".
This chapter is not finished yet, please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
