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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]  
Fair value hierarchy of financial assets and liabilities
    Fair Value Measurements Using:
       Significant      
    Quoted Prices  Other Significant   
     in Active Observable Unobservable   
    Markets  Inputs  Inputs   
In thousands (Level 1) (Level 2) (Level 3) Total
June 30, 2011   
Assets            
 Short-term investments $ 88,220 $ - $ - $ 88,220
 Oil and natural gas derivative contracts   -   30,293   6,638   36,931
Liabilities            
 Oil and natural gas derivative contracts   -   (69,424)   -   (69,424)
  Total $ 88,220 $ (39,131) $ 6,638 $ 55,727
               
December 31, 2010   
Assets            
 Short-term investments $ 93,020 $ - $ - $ 93,020
 Oil and natural gas derivative contracts   -   20,683   16,478   37,161
Liabilities            
 Oil and natural gas derivative contracts   -   (81,162)   -   (81,162)
  Total $ 93,020 $ (60,479) $ 16,478 $ 49,019
The changes in the fair value of Denbury's Level 3 assets and liabilities
    Three Months Ended Six Months Ended
    June 30, June 30,
In thousands 2011 2010 2011 2010
Balance, beginning of period $ 15,346 $ 50,518 $ 16,478 $ -
 Unrealized gains/(losses) on commodity derivative contracts included in earnings   (7,386)   126   (7,076)   14,899
 Commodity derivative contracts acquired from Encore   -   -   -   38,093
 Receipts on settlement of commodity derivative contracts   (1,322)   (10,361)   (2,764)   (12,709)
Balance, end of period   6,638   40,283 $ 6,638 $ 40,283
Fair value of financial instruments that are not recorded at fair value in our Consolidated Financial Statements
    June 30, 2011 December 31, 2010
    Carrying Estimated Carrying Estimated
In thousands Amount Fair Value Amount Fair Value
             
  7½% Senior Subordinated Notes due 2013 $ - $ - $ 224,563 $ 228,375
  7½% Senior Subordinated Notes due 2015   -   -   300,427   310,500
  9½% Senior Subordinated Notes due 2016   238,142   249,942   239,509   249,661
  9¾% Senior Subordinated Notes due 2016   406,354   476,446   404,211   475,380
  8¼% Senior Subordinated Notes due 2020   996,273   1,085,938   996,273   1,080,956
  6⅜% Senior Subordinated Notes due 2021   400,000   400,000   -   -