1Q23 Earnings and Operations Update
CCUS Commercial Structures
Types of Emissions Agreements
% of anticipated DEN volumes
Agreements announced
(million metric tons per year)
Transportation
Leverage DEN pipeline
system to move CO2
to 3rd party storage
5-10%
4
Transportation & Storage
Connect lateral to industrial
customer; move CO2 to
DEN owned and operated
secure storage
80-90%
18.5
Capture, Transportation, Storage
Turnkey operation for
customers who prefer
full-service solution
5-10%
Anticipated avg. revenue
($/tonne)
Term length (years)
Capital intensity
Note: Anticipated revenue per agreement subject to pipeline capital costs and §45Q levels.
Denbury Inc.
$5 15
$15 25 (sequestration)
$0 - 10 (EOR)
Up to 20
Low
12-20
Medium
$85 §45Q (less market-priced
fee paid to industrial customer)
12+ (§45Q term)
High
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