Chapter Sixty: Self-Drilling Well

  A few seconds of delay, as long as a day.

  In an instant.

  Jet-black oil with gray mud burst forth, splashing oil flowers that once exceeded the height of the derrick.

  "It's fired!" Xiaopang jumped up excitedly, as if he had just finished firing a cannon.

  With the knee of Zhong Yua, it's obvious that such a large amount of oil gushing out can't be from a "low-yield" well that produces only 1 barrel per day.

  The bosses who knew the state of the oil well were directly stunned.

  Li Yao muttered to himself: "It's actually a self-injecting well! Is this still an abandoned oil field?"

  As the name suggests, a gusher is an oil fountain, whereas the nodding donkeys commonly seen in the Victory Oil Field are mechanical "water wells" that need to be pumped.

  The internal pressure of a saturated oil reservoir is extremely high. Once it is drilled, the crude oil inside will gush out like a tire with a puncture. Not only does it save electricity and other resources, but its output is also extremely high.

  In the petroleum industry, there is usually a primary recovery, secondary recovery and tertiary recovery.

  Primary recovery is the first stage of oil extraction, using a gusher to extract oil mechanically is secondary recovery, and injecting hot steam and chemicals to make nearly solid asphalt-like crude oil flow is tertiary recovery.

  Su City contracted "abandoned oil well" has undoubtedly ended the secondary oil extraction stage. Moreover, due to the backwardness of technical level, Victory Oilfield is now almost not doing tertiary oil extraction work. That's why it becomes an abandoned oil well.

  However, two small oil reservoirs were separated by a peculiar rock formation, causing the abandoned well that produced one-seventh of a ton per day to suddenly become a gushing self-blowing well.

  A small boss stood beside Xiao Pang, counting, and in a short breath, he calculated a bucket of oil, and couldn't help but stare with his eyes wide open: "It's a fortune! How come I didn't notice the oil well in Binan back then?"

  Those familiar with him laughed: "Even if you rent it, are you willing to spend a few thousand yuan to borrow a drilling team? What if no oil is extracted, won't that be a huge loss?"

  "Or else Su Chang is making US dollars." The well-informed person had a mysterious look on his face, wanting to spread some fresh news.

  However, as for the news that the machinery factory has become Dahua Industry, those who wanted to know already knew, and no one paid attention to him, and instead went forward to congratulate Su Cheng.

  Li Yao's unbelievable order to shut down the well was met with a mixture of laughter and tears: "I've been drilling wells for so many years, this time it's the easiest. Who could have thought that there would actually be a new oil field underneath?"

  He looked at Su Cheng with a variety of strange expressions - it was too lucky, there was another oil field under the one they had just found, this kind of thing could be said to be one in ten thousand.

  In a moment, workers from the drilling team ran over and shouted: "The daily output is over 100 tons, no problem!"

  "It's sent." Xiao Pang was so excited that his whole body shook, and the people around him were green with envy.

  At least 100 tons of oil is equivalent to 7,000 barrels. Calculated on a daily basis, the income would be at least RMB 600,000 to 700,000, which is equivalent to the annual production of four wells predicted by Wei Kong.

  Xiao Pang tightly grasped Su Cheng, singing and dancing, and shouting something in the midst of the rumbling noise.

  In just half a day, the news that the "low-yielding" oil well had transformed into a "high-yielding" one spread throughout the oil field.

  In the Middle East, producing 10,000 barrels of crude oil per day is considered high-yielding, but in the Victory Oilfield, an oil well with a daily output of 1,000 barrels is already very rare. The record of producing 10,000 barrels per day dates back to twenty or thirty years ago.

  It wasn't long before Wei Kong and the director of Oil Extraction Plant 7 arrived in Binan on the same car.

  Wei Kong gazed up at the black fountain in the sky and clicked his tongue, saying: "It's been a while..."

  Manager Qu Guoda didn't care about these things, and asked while looking around: "Old Wei, where is Manager Su?"

  "It's about time he was inside." The two entered the station and pulled a worker covered in black soot to ask, "Where is Director Su?"

  The worker with a blackened face was Duan Wanshan. At this moment, he wiped his face and smiled: "Looking for Little Su? That's him."

  The two of them took a closer look and found it was just an even darker oil worker.

  Guo Da said with a straight face: "I'm looking for Director Su of the Su City Su Factory, not your little Su."

  Dong Wanshan was in a good mood and smiled: "Heh, isn't this coming?"

  Wei Kong looked again carefully and indeed it was Su Cheng, he couldn't help but laugh and cry at the same time, saying: "How did you end up like this?"

  "Captain Dòu is the one I invited to help. Where's the logic in inviting a guest to work while the host doesn't?" Su Cheng was covered in black grime, emitting the smell of fresh oil.

  Wei Kong and Qu Guoda hastily apologized to Duan Wanshan.

  Forget it, Qu Guoda smiled and said: "Congratulations to Director Su for getting rich. I don't know if the crude oil you produced has a sales channel yet?"

  "Oh? Not yet."

  Guo's eyes lit up immediately and he asked: "Director Su, can you sell us the crude oil?"

  Su Cheng suddenly looked at Wei Kong in confusion: "Does the refinery still need to buy our crude oil?"

  Wei Kong chuckled and pulled Su Cheng to one side, saying in a low voice: "You know that the oil field issues production targets to the oil extraction factory every year. The oil wells within the factory's quota are transported through pipelines to the oil extraction factory's metering station, where the output data is audited before being sent to Qilu Petrochemical. Your oil well isn't on the quota list, so you can send it to whichever oil extraction factory you want, and they'll be able to complete their production targets without losing out on price. Old Qi is my classmate, and he heard that your oil well was approved by me, so he came to find me."

  If it were a real private boss, in order to get along well, he could even sell oil at a low price. Su Cheng is a figure with a title on the top, and his status is not low even within the Victory Oil Field. Qu Guoda then pulled Wei Kong over to boost morale.

  Just as they were talking, there was another screeching sound outside. A leader wearing a Sun Yat-sen suit rushed in, waving his hand and shouting from afar: "Little Su, I'm Old Shi from Oil Extraction Plant 2! Don't rush to sell the oil!"

  ……