Denbury to Ramp up Carbon Capture, Usage and Storage Efforts

December 15, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Denbury Incorporated (NYSE:DEN) (Plano, Texas), an exploration and production company that focuses on enhanced oil recovery (EOR) operations, has updated its carbon capture, utilization and storage (CCUS) strategy--which includes related capital expenditures of between $200 million and $250 million from 2023 to 2030--as the company expands its pipeline network and builds out carbon dioxide (CO2) sequestration sites. CCUS and related carbon capture and storage (CCS) projects continue to pop up across the U.S., and Industrial Info is tracking four such projects from Denbury worth $300 million.