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The United States of Oil

By John Lippert - 2013-04-02T12:33:57Z

Photograph by Spencer Lowell/Bloomberg Markets

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Millions of Barrels 

Legado runs a carbon dioxide-enhanced oil recovery processing station near Goldsmith, Texas. Legado's portion of the field has produced 74 million barrels of oil since 1934. The company hopes to extract as much as 100 million barrels more using CO2 injection, Dane Cantwell, senior vice president for development, says.

Read the related article in the May 2013 issue of Bloomberg Markets.

For more from Bloomberg Market's Magazine, click here.