Daming 1805

Chapter 163 Current Situation of Dashiguo Oilfield

Starting from the beginning of Taiping's 34th year, including the initial preparation time, the nine-month talks finally came to an end.

Zhu Jingyuan stood at the stern of the Zhoushan Island passenger ship, looking at the cape Huangzhuang Wharf which was gradually going away.

Representatives from various countries have left one after another, and Huangzhuang, which has been bustling for more than half a year, is about to resume its daily life.

Zhu Jingyuan's room was still the completely independent room, and the original facilities had not changed in any way.

Sister An Xiaona and Luo Feiya also lived in as Zhu Jingyuan's entourage, in the room of the personal maid.

Xichang conducted three months of investigation and supervision, and confirmed that Sister An Xiaona's family is fine, and Luo Feiya is already the daughter of the Duke of Ming Dynasty.

Although the three of them don't have to go to school for the time being, they still have no chance to be lazy.

Zhu Jingyuan can continue to be a spiritual mentor, requiring them to study by themselves with textbooks every day.

The two staff members and the head of the royal residence, Shi, were all high-achieving students. Under Zhu Jingyuan's arrangement, they worked as temporary teachers, and came in regularly every day to teach the three of them.

In addition, the two older sisters, An Xiaona, also began to take part in the daily tasks of serving Zhu Jingyuan under the leadership of the adult maid.

Although I go out to sea by boat, my schedule is full every day, and I don't have much time for free activities.

Zhu Jingyuan himself was also very busy.

Learn more about the situation of the Great Food Country, plan the future development plan of the Great Food Country, and do other things if you don’t open up to dig oil.

For the further economic, political, and military reform plans of the entire Ming Dynasty, it seems that I still have the opportunity to participate in these things.

Track the completion progress of warship blueprints, draw various future weapons and equipment and mechanical structure diagrams, and hand them over to craftsmen when the time is right.

Occasionally chat with a few clothing craftsmen, draw various common clothing designs of later generations, let them transform them into production drawings, make samples, and discuss which ones are suitable for promotion and sales.

This morning, when An Xiaona and the three were studying by themselves, Shi Liu Zhixin, the head of the palace, came to look for Zhu Jingyuan.

Liu Zhixin is a relatively honest and straightforward official, he puts everything on his mind directly on his face, and basically has no city government.

Otherwise, he wouldn't have been "trapped" and stayed in the Great Food Country.

Ever since the oil was dug out in the Great Food Kingdom, Liu Zhixin's spirit has become better and better, and he has completely recovered.

Because oil is not a temporary one-time income, nor is it a small entry with a limited amount.

Instead, it can continue to make profits, and the amount of income is so large that it makes people jealous.

The original wells had been producing continuously for three months, but the gush of oil continued unabated, seemingly forever.

If oil digging is released, the Great Food Kingdom will sooner or later become the richest vassal state of Ming Dynasty.

But today Liu Zhixin seems a little unhappy.

After paying respects seriously, Liu Zhixin reported to Zhu Jingyuan:

"My Majesty, I just received the news that the Royal Oil Refining Company has received the second batch of crude oil from our Great Food Country.

"Then it was suggested that we should not continue to increase production, otherwise they would not be able to digest it..."

Zhu Jingyuan was not surprised by the news, but he confirmed the reason why his parent history was not very happy:

"How many wells have been drilled in total? How much have they been sold in total? What is our current oil production cost?

"What is the price of the Royal Oil Refinery's delivery this time? How much is the expected annual income of these wells in the future?"

Liu Zhixin immediately reported with numerous treasures:
"After drilling the current six wells, there will be a total of eighteen wells. The crude oil wells are all high-pressure self-flowing wells, and the new wells should be as well.

"Each well produces [-] to [-] shi of oil per day. After all [-] wells are completed, the total daily output is expected to exceed [-] shi.

"Because of the continuous well drilling, the cost is evenly distributed to each crude oil, the production cost will be relatively slightly higher, and it is not accurate enough.

"The current estimate is between [-] and [-] copper bills, plus the cost of transportation to Daming, it should always be around one yuan silver bills.

"However, the Royal Oil Refinery has a dedicated fleet, and now we don't need to deliver to them, they pick up the goods directly from our docks.

"The purchase price in the first transaction was three silver notes per stone, but this time it was reduced to two silver notes and five hundred copper notes.

"Our petrolilan has also been reduced from a two-dollar silver bill to five hundred copper bills to around two-dollar silver bills.

"The Royal Oil Refining Company means that if we continue to increase production, the next purchase price will have to continue to decrease.

"This time, we sold a total of 84 shi of oil, and received 210 million silver notes, and Lilan 160 million silver notes.

"Based on the current price and profit rate, after all 20 wells are in normal production, the daily income can reach [-] silver notes.

"Pure Lilan 16 silver bills per day, 500 million silver bills per month, and 6000 million silver bills per year."

Zhu Jingyuan was taken aback by Liu Zhixin's data.

Although I knew that the Dashi Kingdom had been digging wells, I didn't expect that eighteen wells had been drilled in three months, and six wells were being drilled at the same time.

It must be that after seeing the oil revenue, more workers were directly recruited to drill wells at the same time.

The current oil exploitation model is still very extensive, that is, drilling wells continuously. In history, many oil fields are like forests of steel derricks.

Dashiguo has drilled a total of [-] wells in several large oil fields, which is actually very small.

Moreover, there is an 80.00% interest rate, which is unreasonable in the first place, and it is normal for prices to continue to decline.

Zhu Jingyuan calculated in his mind that 6000 million silver bills, converted according to purchasing power, is equivalent to 60 billion RMB in his previous life.

This is still net income...

No, it's not like net income.

What Liu Zhixin calculated was only the cost of oil extraction, not the financial expenditure of the entire food country.

In the future, the entire big food country will rely on oil revenue to maintain itself.

Zhu Jingyuan asked subconsciously:
"In addition to oil, what is the annual fiscal revenue and fiscal expenditure of our big food country?"

Liu Zhixin did some calculations in his mind:
"Your Majesty, there was no Dashi Kingdom last year. The total income of the original counties in the area was less than 20 silver bills, and the total expenditure was about the same..."

Zhu Jingyuan was stunned:

"The total income of those counties is only 20 silver notes? This is just the salary of the two princes! They have to support several small feudal states..."

20 silver notes, equivalent to 2000 million RMB in the previous life.

Those impoverished counties in later generations basically have a fiscal revenue of 30 million yuan, not to mention the rich counties, and the top [-] counties have more than [-] billion yuan at the end of the crane.

This big food country turned out to be really poor.

Liu Zhixin had been an official in several prefectures before, now recalling the situation at that time, he said with a little melancholy:
"Yes, before the king instructed us to dig out the oil, there was nothing here in Dashi Kingdom.

"There is no property and no population. The sum of several counties is not as good as a county in Daming, and a county can only be regarded as a town.

"It turns out that those county kings, of course, couldn't save any money at all, and it was difficult to maintain the dignity of the clan.

"That's why they played every now and then, asking to withdraw the domain and return to the country, and now they may regret it..."

Zhu Jingyuan was silent.

Those uncles and brothers of mine used to be really hard.

The point is that now that the feudal clan has just been withdrawn, I have dug up oil here.

If these few people heard about the oil industry in Dashi Kingdom, it is estimated that they can earn 6000 million silver bills a year, which is equivalent to the salaries of sixty princes. Wouldn't they regret it for the rest of their lives?

At the same time, Zhu Jingyuan also realized a problem again.

If the previous financial revenue and expenditure of Dashi Kingdom were only about 20 silver bills, now the 6000 million silver bills are really net income.

But at the same time, the fiscal revenue of 60 billion yuan is almost in the middle of the top 50 counties, in the more than [-] places.

Has oil sales equivalent to the fiscal revenue of a top [-] counties already saturated the market?
Although the current oil industry market is incomparable with the previous life, it is not so small, right?

Zhu Jingyuan calculated subconsciously:
"Eighteen wells produce 3000 shi per day, and the total annual output is about [-] million shi. Can't this be digested?"

Liu Zhixin immediately said:
"Shang Shengming, ah, according to my knowledge, Daming's oil production last year was at least over 2000 million shi.

"The estimated annual output of our big food country is only a quarter of this number.

"Even without our big food country, the production increase figures of other oil fields may be more than this."

Zhu Jingyuan subconsciously wanted to say that a quarter was a lot.

Daming occupies more than half of the world's territory, and the annual output of a new oil field reaches a quarter of the total, which is already very outrageous.

But of course this is not enough, the Dashiguo Oilfield is the easiest oilfield in the world to exploit.

Don't say that the output is saturated now, it can only be regarded as the beginning of "leakage"...

Zhu Jingyuan thought about it for a while:
"That is to say, the current expected output of our Great Food Country is almost the same as Daming's expected increase in oil production? Could it be that the royal consortium means not to increase production in other oil fields?

"Concession, the Royal Oil Refinery said they couldn't digest it, didn't say that other refineries couldn't digest it..."

Liu Zhixin immediately reminded:

"Your Highness, our Daming's oil refining industry is exclusively owned by the royal family. If the royal refinery can't digest it, then it really can't digest it."

Zhu Jingyuan waved his hand and said:

"We refine it ourselves. I just plan to develop a new refining process. At the same time, I can also try to sell crude oil to Western countries. We can work hard in two directions."

Liu Zhixin said in a little panic:

"Your Majesty, it's already a bit out of the ordinary for us to extract and sell oil ourselves, the key is that the money touches people's hearts.

"The net profit of 6000 million silver bills a year will soon be leaked, and not only the clan will be jealous, but the imperial court may not be able to bear it.

"Under this circumstance, if we still sell it to Xiyi on our own, will it incur retaliation from the clan and the court?"

Zhu Jingyuan frowned and considered:

"Liu Qing is very considerate, so we can't sell it by ourselves, we should contact companies related to the oil exploration of the imperial consortium and ask them to help sell it.

"Let them take a commission and pay extra taxes at the same time, which is equivalent to sharing the benefits between the clan and the court, so it should be fine."

Liu Zhixin suddenly realized:
"My lord, Shengming, I've made a note of it, and I'll arrange it later. Should we stop drilling?"

Zhu Jingyuan thought for a while:

"It is not necessary to completely stop drilling wells, but do not continue to increase the speed of drilling wells.

"Oil consumption will rise sharply in the next few years, but the production of oil fields in our big food country can soar even faster.

"So we have to slightly control the speed of production increase and keep the market relatively stable."

Liu Zhixin immediately nodded in agreement.

After Zhu Jingyuan thought for a while, he continued to order:

"Also, to recruit oil-related talents and continue to study oil extraction technology, we can't just rely on drilling wells..."

This time Liu Zhixin was a little confused:

"We're just going to drill the well through, and the oil will be sprayed out directly. Do we need any additional technology?"

Liu Zhixin's question made Zhu Jingyuan a little confused.

The oil fields in the Persian Gulf... are too simple and rude.

Even in the last life, the production volume has been 80 to [-] years, and most of them are self-flowing wells. Only a small number of old oil fields need special techniques such as water injection and pressurization.

This world has just begun to be mined, and it is just like the speed of infiltration and leakage.

In the next few decades, no special technology will be needed...

However, Daming cannot do without oil exploration technology.

If I directly guided the discovery of the Persian Gulf oil field and caused Daming's oil exploration technology to fall seriously behind, it would be my own fault.

After sorting out his thoughts, Zhu Jingyuan decided to take the initiative to promote research:

"There is always a time when the gushing wells stop, and there is always a time when the existing oil fields are exhausted.

"We're going to need other extraction technologies eventually, we're going to need to explore new fields.

"At the same time, our existing oil fields are good samples for studying oil field distribution and exploration technology.

"It can be studied and summarized together with the Royal Petroleum Company.

"It is possible to set up a special research institute to study oil exploration, refining, and application.

"After accumulating enough technology and experience, we will designate a craftsman school with related majors."

Liu Zhixin felt that what Zhu Jingyuan said made sense:
"It's better that the king has a long-term view, and the minister only cares about the immediate, and the minister will arrange it immediately when he returns."

Zhu Jingyuan nodded slightly, feeling that there was nothing to arrange:
"Anything else?"

Liu Zhixin immediately said:

"Yes, now that our Dashi Kingdom is rich, I think the king can form a formal palace guard.

"In the future, the Dashi Kingdom will earn at least 6000 million silver bills every year, and if you spend 600% of it, there will be [-] million silver bills.

"If you don't need too many heavy weapons, it's enough to form an infantry guard of [-] people.

"There's not much money on the books right now, and it's mainly because the number of immigrants is too low.

"I suggest that you can form a battalion first, wait until next year to form a complete guard, and the year after that to form a complete three guards."

Zhu Jingyuan fell into deep thought after listening to Liu Zhixin's suggestion.

Now that he is the king, he can have his own troops directly under him, and there are three guards by default.

Frontline vassal states with relatively special positions, the imperial court will additionally approve them to increase the amount of guards, and even allow them to take the initiative to expand their territories.

After the Renwu Dynasty, Wei was the highest establishment in the Ming army.

The total number of guards in the army exceeds 2. If it is a guard that needs to fight independently, it can even be added to nearly [-].

If the navy's guard-class fleet is within the main fleet and under unified command within the large fleet, it may directly have more than four capital ships, or more main armored cruisers.

If it is a non-main fleet, a fleet acting alone can have one capital ship, one or two main armored cruisers, four to eight low-level cruisers and miscellaneous destroyers, and special supply ships.

After the new generation of warships planned by Zhu Jingyuan and the craftsmen is completed, the independent fleet should be replaced by one high-speed battleship, one fleet aircraft carrier, four to eight new cruisers and destroyers, plus a new type of oil and water supply ship.

Not only can I form three guards, but I can even use three guards to complete the three armies.

A full army guard, a navy main fleet, plus a brand new air guard.

In this day and age, compared to the construction cost of the army, the navy and air force may be a bit ridiculously high.

The cost of a cutting-edge battleship or fleet aircraft carrier is estimated to be 4000 to [-] million silver bills, which is almost the military expenditure of an army guard for ten years.

In fact, simply looking at the cost of 4000 million silver bills, the Great Food Kingdom can really afford it.

It is estimated that the fiscal revenue in the next year will be 6000 million, which can directly buy a battleship, and the rest can be used for other expenses.

And this income will continue to rise in the future. Simply looking at money can definitely support a battleship, just like Saudi Arabia could definitely support an aircraft carrier fleet in its previous life.

But the maintenance cost and related technical requirements are definitely not something that the Great Food Nation can afford.

The pragmatic solution is to have two new cruisers and eight new destroyers, which should be able to maintain and use by themselves.

But the more important question is that he is not only the king of the vassal state, but also the prince of Ming Dynasty.

What would be the impact of my own militarism in the Great Food Country?
After thinking for a long time, Zhu Jingyuan ordered:
"According to Liu Qing's plan, we will gradually complete a complete army guard to protect the oil fields of our Dashi Kingdom.

"Whether to continue to build the other two guards, and how to build them, let me think about it carefully, and then I will talk about it..."

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