1Q23 Earnings and Operations Update
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DEN Competitive Advantage - CO2 Transport
• >1,300 miles of existing DEN CO2 pipelines
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(approximately 25% (1) of existing U.S. total)
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Specifically built for purpose of moving CO2
High efficiency and flexibility through supercritical operating
pressure (ANSI 900)
Transport capacity of current network and future
planned expansions ~150 Mmtpa
- Capacity expansions of existing pipelines through pump
stations and line looping in heavy emissions areas.
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Future extensions of major DEN pipelines along Texas Gulf
Coast, to New Orleans and SW Alabama
Unparalleled redundancy and reliability for
industrial customers
- Proven reliability over 20+ years of operation;
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nearly 100% uptime
- CO2 fungibility to balance entire system between multiple
emissions sources and offtake locations to EOR / sequestration
Note: Picture highlights 2021 installation of CCA CO2 pipeline in Rocky Mountain region
(1) Per 2021 National Petroleum Council Report, Meeting the Dual Challenge
Denbury Inc.
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