Denbury Resources
 |
|
| Public company | |
| Traded as | : DNR S&P 400 Component |
| Industry | Petroleum industry |
| Headquarters | Plano, Texas, United States |
|
Key people
|
Phil Rykhoek (President & CEO) |
| Products |
Petroleum Natural gas |
|
Production output
|
64 thousand barrels of oil equivalent (390,000 GJ) per day |
| Revenue |  US$975 million (2016) |
| -US$976 million (2016) |
|
| Total assets | US$4.274 billion (2016) |
| Total equity | US$468 million (2016) |
|
Number of employees
|
1,058 (2016) |
| Website | denbury |
Denbury Resources Inc. is a petroleum and natural gas exploration and production company headquartered in Plano, Texas.
The company's focus is on a method of oil extraction called enhanced oil recovery (tertiary recovery), which utilizes carbon dioxide to extract oil from fields that have been previously exploited.
The company's operations are focused in the Gulf Coast and Rocky Mountain regions.
As of December 31, 2016 Denbury had 254 million barrels of oil equivalent (1.55×109 GJ) of estimated proved reserves, of which 97.5% was petroleum and 2.5% was natural gas.
The company also has an estimated 1.3 trillion cubic feet of probable carbon dioxide reserves at Jackson Dome.
The company's largest producing property is the Cedar Creek Anticline in Montana and North Dakota, which accounted for 25% of daily production in 2015.
The company began its enhanced oil recovery operations in August 1999, with the acquisition of the Little Creek Field.
The company began trading on in May 1997.
In 2001, the company acquired the Jackson Dome carbon dioxide reserves and the NEJD Pipeline in Mississippi, providing a source of carbon dioxide and the means to transport it.
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Wikipedia