One month later.
A European aristocrat discovered a giant oil field in the Santa Fe Spring Highlands of Los Angeles, and the oil produced spread throughout the western United States. The media and public opinion were immediately envious, attracting countless people to admire him.
However, envy is envy. Except for some speculators who came to enclose nearby land in the hope of producing oil, the public opinion trend soon passed.
After Tangning drilled his first oil well, he stepped up his efforts and recruited foreign immigrants in the United States to develop the oil fields.
In this era of the United States, countless foreign immigrants have come to the United States to make a living.
Except for a small number of immigrants from the East, the main immigrants come from Spain, Italy, Greece, Ireland, the United Kingdom, China, Germany, and of course Mexico next door.
These immigrants are also very distinctive. The Latin people headed by Spain, Italy, and Mexicans mainly immigrate to the west, while the Anglo-Germans and Germans mainly immigrate to the east, while Russians, Irish, and Greeks are distributed everywhere.
The upper class in the United States is dominated by British people, with Germans as a supporting force. Latinx and other ethnic groups have almost no say.
There were a large number of poor Latin immigrants in the western United States, and Downing certainly knew how to make good use of them. In addition to Spanish, he recruited a large number of Italians, Mexicans, Orientals, Indians, and Greeks.
The overall recruitment principle is to give priority to Southern Europeans and Easterners, while also recruiting some Indians.
The reason why Downing did this was to control the political and economic situation in the western United States in the future. In the future, the western United States will have a lot of Latins and Orientals, as well as a large number of Indian reservations. What you do now will have a huge impact in the future.
force.
Since the first wellhead was drilled, everyone's enthusiasm has become even higher. With the help of Hayes and Wenxiu, Tang Ning established a company, recruited hundreds of oil workers, and opened ten oil wells in one go.
While extracting oil, Tang Ning formed an engineering team and built a tall oil warehouse near the oil well. After the oil well was reinstalled with a drilling rig, a steady stream of oil was being loaded into the warehouse.
At this time, in the oil exploration industry in the United States, in addition to large oil companies, there were countless private oil explorers.
They carry out oil exploration alone or in partnership with a few people, and such people are called "wildcat prospectors".
In today's area, in addition to the oil fields developed by Western Petroleum Company registered in Downing, there are also a large number of "wildcat explorers" in the periphery.
"Wildcat prospectors" are short on capital and generally require immediate returns.
Most of the oil they drill is usually sold to oil companies. These people are actually the outposts of oil companies. Once oil is discovered, those oil companies will follow.
Since the news of the discovery of the oil field in Shengda Fenquan spread, in just a few days, many wild cats have come near the Tangning oil well, and these people are here to get a share of the pie.
However, Tang Ning was well prepared and had already enclosed most of the land, almost the entire oil field. Without Tang Ning's permission, any oil exploration activities on the land belonging to Tang Ning would be illegal.
The West today is still the Wild West, but most areas are on track, but his area is currently not included.
Tangning, a great aristocrat, was not a vegetarian. He gathered a bunch of thugs and established Jinshan Security.
These wildcats couldn't drill wells and produce oil on Tangning's land, so they found another way. They drilled wells and produced oil near Tangning Oilfield.
According to the principle of whoever develops it first, who owns it first, they understand that oil will not stay in one place and there will definitely be fish that slip through the net.
Soon, the nearby land began to skyrocket, and land once cost one dollar per acre.
Those cunning farmers raised their prices from the ground up to four to five thousand US dollars per acre. Some even refused to sell and started exploring on their own.
In order to obtain some land for oil exploration rights, many wild cats are willing to be slaughtered for the possible huge profits.
In fact, after they got the lease contract for oil exploration, they drilled wells immediately, and many of them drilled many oil wells.
Those who mined oil received much more in return than they paid, and these people did not suffer any loss.
Those who can get the oil wells are only some lucky or "fast" wildcats, but most people have not obtained land lease contracts for oil exploration and can only watch others get rich with envy.
Every day, there are many wild cats wandering near Tangning's oil wells. Some brave ones have proposed to Tangning to buy or lease part of Tangning's land for oil exploration.
After these people saw someone drilling oil wells continuously on the land near Tangning Oilfield, all fools knew that Tangning had the best oil field in his hands, and every inch of land was filled with oil.
There is no need to explore such land at all, and oil can be extracted by drilling directly.
But does Tangning need them?
It was not necessary, on the contrary, he began to acquire wildcat assets that opened oil and wanted to sell them at a high price to make a fortune.
As Tangning's oil field became popular and produced huge amounts of oil, some large companies took notice and wanted to acquire Tangning's oil field. However, they found that they had overthought themselves.
Because they discovered that the person who exploited the oil field was the heir to the Braganza royal family, Prince Tangning of Luxembourg, an owner who was not short of money.
As a super aristocrat, what kind of acquisitions are you talking about? Cooperation is a good thing, and this is what American oil companies think.
However, Tang Ning is Party A, and she is critical of Party B who seeks cooperation.
In the end, no American companies were interested, and only European Shell was chosen.
Shell Oil is an old company with abundant technical resources, so they approached Tang Ning through the aristocratic route and offered them very good conditions.
Tang Ning took a look and found that the cooperation conditions were very good. It provided technology and mining equipment at low prices, and provided the entire oil development industry chain. No shares were taken. As long as 80% of the oil output was taken, the oil was purchased at the market price.
What is Shell thinking? Tangning knows it.
Don't you just want to expand your oil reserves? But the conditions are very good and meet Tang Ning's current requirements, so of course we agree to cooperate.
Once the entire industrial problem of oil extraction is solved, Tang Ning will of course run his own oil company.
First of all, in addition to asking Li to transfer people from the Minsheng Group, Tang Ning also found locals from the west to cooperate and form their own interest group.
The first one in California, of course, was from the literary family. Later, they found the mining boss Rouse whom they met on the train. At the same time, based on their recommendations, they also found some medium-sized businessmen to cooperate.
After some adjustments, Western Petroleum Company absorbed millions of dollars, and its equity was stabilized. Tangning's shares accounted for 60%, Wen's shares accounted for 12%, Rouse 3%, and 20 other businessmen accounted for 25%.
Western Petroleum Company started to make large profits within two months of developing oil. With profits, Tang Ning can do more things.
First, a "Rocky Mountain Agriculture and Animal Husbandry Company" was registered, and in the name of an agricultural company, it began to enclose land and develop agriculture and animal husbandry.
Downing remembered six oil fields in California, New Mexico, Texas and Mexico: Yates Oil Field, Hobbs Oil Field, Mexia Oil Field, Powell Oil Field, Lorraine Oil Field, and Gulf of Mexico Coastal Oil Field.
Tang Ning circled all six oil fields and prepared to develop agriculture and animal husbandry in advance. Every four or five years, he would announce the discovery of an oil field in various ways and then develop it.
Of course, Tang Ning did not open this company just to enclose oil land. In fact, this company has enclosed a lot of land for the development of agriculture and animal husbandry.
After all, the food group is also an important industry. If ABC is so good in the future, Tang Ning will definitely follow suit.
When Tang Ning was enclosure, he hated himself for not remembering more about his previous life. If he could remember more oil fields, his capital would be stronger.
However, Tang Ning lamented for a while and didn't take it to heart. He didn't come to be a big capitalist. He was just a part-time big capitalist on the way to becoming a king.
What's more, the oil in the Middle East is still waiting for him? This is a sea of oil.
As early as when the Western Petroleum Company was established, Tang Ning notified his father by telegram, asking him to find a way to capture the Qatar Peninsula and Bahrain Island to engage in agriculture and fishery.
These two broken places are, as far as I’m concerned, located on the inner side of the Persian Gulf. They are neither Kuwait nor Oman, and their strategic value is very low.
It is not a geographical hub, and its population is less than 100,000. Neither the British nor the Ottomans are interested in it. Francisco, it took a little effort to win it.
Although Francisco didn't know why his genius son suddenly thought of raising pearls and growing dates, his son's request would definitely be met.
After taking over Qatar and Bahrain, Francisco drove away the indigenous people at Tangning's request, introduced Indians and Sinians from the Portuguese colony, and began growing dates, fishing, and cultivating pearls.
After opening the Rocky Mountain Agriculture and Animal Husbandry Company, Tang Ning began to expand beyond petroleum and agriculture and animal husbandry, and began to enter the entire mineral industry. He founded the "Rocky Mountain Mining Group" to acquire various mines and explore for minerals.
At the same time, Tang Ning also recruited advanced financial and industrial capital technologies from Luxembourg and the Algarve to support the "Rocky Mountain Industrial Group" and "Bank of the West" he founded.
Tang Ning is not satisfied with those primary industries and is just a country farmer or mining boss. He wants to develop his own industrial and financial kingdom in the western United States.
Tangning's goal is very simple, which is to first lay down his own foundation in the undeveloped West, form a trust, and involve as many industries as possible.
While those eastern consortiums are still strangulating, there is no time to enter the west on a large scale.
Tangning must first become the largest financial group in the west, support the Latin Group, and enter the east to lay the most stable foundation for future influence on the United States.
This chapter has been completed!