What research and development activities does Denbury engage in?

Denbury Resources is primarily focused on enhanced oil recovery (EOR) techniques, particularly using carbon dioxide as a key component in the extraction process. The company employs a range of research and development activities to improve their EOR methodologies, advancing their capabilities in utilizing CO2 more efficiently for oil recovery. This involves both the ongoing assessment of new technologies and the refinement of existing techniques. Denbury is known for its innovative use of carbon capture and storage (CCS), which not only helps in extracting additional oil from mature fields but also contributes to reducing greenhouse gas emissions. In addition to EOR, Denbury is increasingly invested in sustainability initiatives aimed at supporting the energy transition. This includes exploring ways to reduce the carbon footprint of their operations and actively participating in advancements related to renewable energy sources. Research in the development of alternative energy solutions and the optimization of existing processes further illustrates Denbury’s commitment to innovation. Furthermore, Denbury engages with industry partnerships and collaborates with various research institutions to stay ahead in technological advancements. Through such collaborations, the company actively investigates emerging technologies and practices that can optimize oil production while adhering to environmental safety standards. For those interested in specific details about current research and development efforts, Denbury's website offers updated information that may provide additional insights.