What is Denbury's approach to oil and gas production?
Denbury Resources employs an innovative and environmentally conscious approach to oil and gas production. Our focus lies in utilizing advanced drilling technologies such as CO2 enhanced oil recovery (EOR) to extract oil and extend the life of mature fields. We have developed significant expertise in EOR, injecting carbon dioxide into reservoirs to enhance production while securely storing the CO2 underground, thus reducing its environmental impact. Denbury follows responsible practices throughout the production cycle, prioritizing safety and minimizing emissions through robust engineering controls. Furthermore, we actively monitor and manage our environmental footprint, striving to mitigate potential impacts on land, water, and air. Our commitment to sustainable production enables us to deliver long-term value to shareholders while supporting energy security and reducing our carbon intensity.
Answered Nov 2, 2023
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