OCR Text |
Show 38 billion to tfover oil from nown fields orican oil companies will spend estimated $'58 billion this ,jf lo increase the amount of . covered from existing oil J s a New York-based market ? .irch firm has projected. i amount of crude oil produced 8 ijome wells can be increased jjh methods that the oil aS ,jn groups under the label s -jnced recovery." led ra involve injecting water, a chemicals, or combinations ;ce -fie into the oil-bearing rock to lit .,t the crude oil. : study by Frost S Sullivan jj, uted that of the $38 billion j. i companies will spend, $14 ar in ill be spent on materials -id into the wells. $12.5 n will be spent on various required to enhance oil en. and $11.5 billion will be Till |