Chapter 11: East Texas Oil Fields in Hand
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In 1901, since the emergence of the "spindle top" self-spraying oil field in the Beaumont area of southern Texas, the unfamiliar word oil has since entered the life of every Texas, and a more than half-century-long oil search fever has risen in Texas, and many farmers hope that oil can be drilled under their land. (The fastest update speed is on the Aishang Novel Network biquge.info)
Now more than a decade has passed, the oil fever in Texas has never cooled, and every once in a while, some oil fields are discovered, and in general, some super oil fields have not been discovered.
Texas is sparsely populated, has a well-developed livestock industry, cotton cultivation is good, and with a little logging there is no more industry.
Yes, unlike the rest of the country, the people here are very conservative, the farmers and ranchers live off the land, they don't like industry very much, so while industry is booming in other areas, Texas is still a land waiting to be developed.
Due to the topography, the western plains of Texas are dotted with many farms and pastures, and the eastern part is a forested area, which retains a backward state.
But oil seems to have changed Texas, and since the advent of oil wells, those landowners suddenly felt that it was a good choice to run to diamond oil, so many inaccessible places have appeared in the footsteps of "wildcat prospectors".
Oil exploration here is a matter of course, and you don't have too many taboos, and when you drill into the wells, you'll get a lot of wild cats to follow, and eventually the big oil companies in the east will follow. In fact, private oil dealers, big and small, sell oil to big companies like Standard Oil, Shell and so on.
Although oil exploration here is very open, what Situ Nan needs is not to explore but to buy those lands directly, or lease them for a long time, so he doesn't want to make a big splash, and the necessary camouflage is still needed.
Now an agricultural businessman from California who owns a large ranch in Los Angeles and a meat company, he came to Texas to invest in animal husbandry. Due to the early development of oil in the southern region, there are many powerful oil companies there, so there is not much chance of being in South Texas. His goal was to get rid of the rest of South Texas.
After arriving in Dallas from Houston, Situ Nan carefully planned the plan for this land purchase, after all, it was a multi-million dollar investment, and once it was fanfare or leaked, it would be more difficult.
For example, some people preach that there is a person from Los Angeles who comes to buy ranches everywhere with a lot of dollars, and there are many people who are stupid here, and those landowners who get the news will definitely take the opportunity to increase the price, and there is no doubt that the cost will increase a lot.
Or what would you think if someone was spending millions of dollars to buy land? Is this guy here looking for oil, is there oil in his ground? It's not good to get the attention of the big oil companies.
Low-key is the king, Situ Nan pursues the principle of coming secretly, don't shoot!
According to Situ Nan's plan, the four of them were divided into two groups, Situ Nan and Hayes in one group, and Gedas and He Wenxiu in one group, He Wenxiu mainly supervised whether Gedars had cheating, and Gedars was responsible for the specific actions, and He Wenxiu could make the decision under the price specified by Situ Nan.
Gedas now knows that Situ Nan, a young man, actually bought land for millions of dollars to explore oil, he is really amazed by Situ Nan's generosity, such a big action can participate in it, he understands that this is Situ Nan's trust in him is also a test, if there is a good example, follow the millionaire, don't believe that he can't make a comeback? Guedas thought to himself, he was now full of confidence, as if he had seen the farmers sell their land under his own tongue, and then Gurdas would be able to earn it.
The main reason for this arrangement is that Texas is too big, there are too many oil fields, and you don't know how long it will take to trade with those farmers one by one.
In December 1913, the climate in Texas was warm despite the heavy snow in the north.
Their first stop was Lanjie, a sleepy rural town west of Fort Worth, which was not known to the locals to be rich in oil buried in the ground, so it was easy for Situ Nan to buy 5,000 acres of land for less than $500,000, including some long-term land leases, where animal husbandry is developed, and some farmers don't want to sell their ranches, so Situ Nan doesn't buy a lot of land.
However, with a lot of land, Situ Nan was more satisfied, and after a short stay in Lanjie Town, Situ Nan and the others came to the small town of Buck Burnett in northern Texas. The situation here is similar to that of Lanjie, where Situ Nan paid $300,000 to acquire 2,000 acres of land.
The same is true of Mejía to the east of Waco, Luling to the east of Austin, Monaghans at the end of West Texas, and High Lakes to the high mountains of San Antonio, 200 miles west of San Antonio, and so on, extending the oil field to the open plains of West Texas, acquiring a total of 20,000 acres and spending more than $1 million.
In just three months, more than $3 million was spent, in exchange for land transaction contracts.
At the same time, after lengthy negotiations, Situ Nan finally got the Yates oil field, one of the major oil fields in Texas, for $500,000.
At this time, since Situ Nan and his arrival in Houston, Texas, they have spent four months unconsciously, and Situ Nan has almost to set foot on every piece of land in Texas. The $9 million they brought has already cost more than $3.5 million.
In order to maintain the hundreds of thousands of acres of land, Situ Nan later had to set up a special agricultural company---- Texas Agricultural Company to manage the land, some of which grew corn and wheat and other grains, some of which grew cash crops such as cotton and potatoes, and of course, most of the pastures. Oh, and in 1915, the California Meat Products Giant California Meat Products Company built a super-large meat processing base in Texas, and more than 1/4 of the canned meat in World War I came from the Texas meat production base.
It's easy to say, but it's really annoying to operate, but fortunately, Situ Nan's management team has been tempered, and by 1914, it was finally able to integrate these temporarily undeveloped lands.
At this point, the matter has almost come to an end, and only the last step is missing, that is, the super-large oil field ------ East Texas oil field, which attracted worldwide attention in Situ Nan's previous life.
Eastern Texas is a dense pine forest sandwiched in a triangle between Dallas, Houston and Shreveport, Louisiana, and was extremely backward in the '20s.
What is the lag behind? Except for a dense pine forest, there is not much else. There are very few people, and there are no "wildcat prospectors" other than a small local lumberyard, which are now and even for the next 20 years exploring for oil in North and West Texas, so it's "safe." ”
Stuart started a lumber company and acquired the 45-mile-long and 5~12-mile-wide East Texas oil field between Greg and Lasker counties from the government and private individuals in the name of logging!
It's crazy, including this East Texas oil field, Situ Nan bought nearly 400 square hectares of land for almost $3 million.
400 square hectares, that's a lot of area! Situ Nan thought that he might be the most awesome landowner in the United States now!
This is the largest oil well in the United States, and it was taken down by itself? Situ Nan could hardly believe that this qiē was true, with the East Texas oil field, even if the other oil fields were abandoned, Situ Nan would become a billionaire! Of course he won't do this, people are always greedy, and the super fat of the East Texas oil field is not something that Situ Nan can swallow alone. Only the stronger your own strength, the more interests you can keep.
What would have been the result if Rockefeller had known that he had such an oil field now? The benefits of more than one qiē are crazy and unscrupulous, and once Rockefeller reaches out, can he stop it? If you refuse, will you kill yourself? Thinking of this, Situ Nan shuddered! So he immediately came to two conclusions: the first is that he can't monopolize it, at least he must find two partners to develop, but he must keep as much share as possible, which seems to be how strong he will be by then; The second is to try to hide the news of this fast oil field.
For the last point, Situ Nan admired his foresight a little, he sent different people, under various names, and it took almost more than a year to get full hands on the East Texas oil field in secret.
Fortunately, this place is remote enough, no one will pay attention to it for a while and a half, Situ Nan still has time to slowly strengthen his strength, he is confident, under his own preparation, after the First World War, Situ Nan's strength will go to a higher level, and there will be a qualitative leap.
Situ Nan spent half a year trampling on Texas and almost snatching more than half of Texas' oil reserves into his own hands, but this secret that cannot be disclosed, Situ Nan can only be happy and worried in his heart. Even so, with an expression full of excitement on his face, he said to Gedas: "In the past six months, you have worked hard, I will toast you." I hope we continue to work together happily. ”
"It's really atmospheric and exciting to follow the boss. I didn't say it, I'll do my job. Guedas said. In the past six months, according to the agreement of 1 US dollar per mu, Gedas helped Situ Nan acquire 200,000 mu of land, and sought 200,000 US dollars in benefits from Situ Nan, but the shrewd Gedasi was dumped by Situ Nan's madness and proposed to convert his money into a part of the oil field, according to the agreement, if the oil field is exploited, Gedas can share part of the benefits. Such a witty view made Situ Nan impressed, and he thought more highly of Gedas.
In fact, in addition to Gedas, Situ Nan also plans to give some oil fields to Hayes and He Wenxiu, he can get so much, and it is inseparable from the help of these people, of course, most of the oil fields are still in Situ Nan's hands, even so, the little bit exposed by his fingers is enough to make Gedas, Hayes and them become millionaires.
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