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Small US towns see new reward in old production technique untouched by slump

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Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum Corp enhanced oil recovery project in Hobbs, New Mexico.

New Mexico

AMID the frenetic activity of American shale oil fields recovering from a two-year recession sit a handful of oil towns that seemed impervious as many producers went into bankruptcy and the economy around them sank.

Occidental Petroleum Corp and a few other oil producers

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