Carbon dioxide (CO{sub}2) injection is a common method of enhanced oil recovery, particularly in West Texas and Southern Wyoming, geographical areas with abundant natural CO{sub}2 sources. But it is also the main development strategy for Denbury Resources, Inc., the largest oil and natural gas operator in Mississippi. Yes, Mississippi. The company happened upon, then purchased, Jackson Dome, part of an old volcano structure near Jackson, Miss., and the most reliable strategic source of CO{sub}2 in the eastern United States. Now that it owns this abundant source, its corporate development focus is on exploiting aging plays in its geographic area.
展开▼