Denbury Enters Partnership to Develop Texas Gulf Coast CO2 Sequestration Project

Located just 25 miles from Denbury’s existing CO2 Green Pipeline, the project site is ideally positioned to sequester large volumes of CO2 from Gulf Coast industrial emissions sources.

Hart Energy Staff

Denbury Inc.’s wholly-owned subsidiary, Denbury Carbon Solutions LLC, and Houston-based Gulf Coast Midstream Partners LLC (GCMP) have executed a non-binding letter of intent and term sheet on Nov. 4 for the permanent sequestration of CO2 in a planned underground storage project southwest of Houston, Texas.

Already have an account? Log In

Sign up for FREE access to view this article now!

Unlock Free Access