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Energy Transition

Denbury Executive Q&A: Look Inside the US Carbon Capture Movement

Top executives from Denbury Resources, a longtime transporter and user of CO₂ in EOR, describe the opportunity and plans for the company’s new CCUS business.

Hart Energy Staff

Thu, 11/11/2021 - 10:10 AM

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Denbury Inc. CEO Chris Kendall was joined by Nik Wood, senior vice president of CCUS for Denbury, during a session moderated by White & Case partner Taylor Pullins at Hart Energy's Energy Transition Capital Conference in October. (Source: Hart Energy)

Carbon capture, utilization and storage (CCUS) has a monumental task ahead, but experts believe it is possible for the technology to be a major contributor to emissions reductions efforts—with help from regulators.

Speaking during Hart Energy’s recently held Energy Transition Capital Conference, top executives from Plano, Texas-based Denbury Inc. shared their knowledge on the topic and addressed challenges and opportunities. The oil-focused producer, which has operations in the Rocky Mountains and Gulf Coast, is known for its in CO₂EOR technical expertise and extensive network of CO₂ pipelines.

Denbury CEO Chris Kendall took a look at the math, for starters, involving CCUS’ role in global ambitions to reach net-zero by 2050.

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