Denbury Inc., long a leader in carbon sequestration, has captured agreements to potentially develop projects in Louisiana and Mississippi.

One agreement is with a landowner in southwestern Louisiana, which includes 31,000 acres in Allen, Beauregard and Vernon parishes. The site is about 25 miles north of Denbury’s Green Pipeline, which transports CO2 for carbon capture utilization and storage (CCUS).

“Denbury has unparalleled experience and CO2 pipeline infrastructure in the U.S. Gulf Coast for the transportation and storage of CO2,” said Denbury’s Nik Wood, senior vice president of CCUS.

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The company long used CO2 for its enhanced oil...