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  • About Us
    • Exploration & Production

      • Discover the diverse portfolio of onshore and offshore assets that Repsol holds across the U.S.

    • Marketing & Trading

      • Repsol provides a wide range of commercial services to serve our customers’ needs, as well as a robust network of crude oil and products trading activity throughout the Americas.

    • Innovation & Technology

      • At Repsol, innovation is a key element in our strategy to build a more efficient, secure and sustainable energy model. We employ technological innovation in all of our processes throughout the company, to find better solutions to the challenges we face.

    • Repsol is a global multi-energy company, and our main objective is to make a contribution to building a sustainable energy model in the long term by developing smart energies that encourage economic growth for society and people’s wellbeing.

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    • U.S. Sustainability Plan

      • Our U.S. Sustainability Plan outlines the steps we are taking to ensure Repsol has a positive impact in the areas where we are.

    • Business Ethics

      • At Repsol, we hold ourselves to the highest standards when it comes to how we do business.
        Our global Code of Ethics & Business Conduct outlines how we work and ensures our actions are aligned with our corporate values of integrity, responsibility, transparency, flexibility and innovation.

    • Environment

      • Repsol is strongly committed to minimizing our environmental footprint and ensuring the highest standards of environmental performance are met in all areas of the company. Our vision is to meet the energy needs of today without compromising those of future generations.

    • Safety

      • Repsol seeks to foster a culture of excellence in safety at all of our facilities, with an emphasis on prevention to bring us closer to our ultimate goal of zero accidents.

    • Community Investment

      • Repsol is committed to making a positive impact in the communities near our offices and operations. One of the ways we do this is by investing in charitable organizations dedicated to improving the quality of life in our communities.

    • Good Neighbor Program

      • Repsol understands and appreciates the issues and responsibilities that go along with energy development. We believe it is vitally important to develop our resources in a manner that is safe, environmentally responsible and beneficial to local communities.

    • Sustainability is an essential part of our forward-looking vision and the shared commitment undertaken by every one of us at Repsol.

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  1. Home
  2. About Us
  3. Exploration & Production

About Us

Exploration & Production

Exploration & Production

Alaska

We hold an interest in approximately 750,000 gross acres on the North Slope in Alaska, where we have announced several significant discoveries in the Nanushuk formation.
In 2017 we announced the Horseshoe discovery, which is the largest conventional onshore oil discovery in the United States in 30 years, with an estimated 1.2 billion barrels of light crude. 
The beginning of the 2018 – 2019 winter campaign has confirmed the great potential of the project with the presence of hydrocarbons in the south of the Pikka unit. First production is expected in 2023 once the necessary delineation and development work has been carried out.

We hold a 25% working interest in the Horseshoe discovery and 49% in the Pikka Unit.

Eagle Ford Shale

Repsol holds a working interest in 112,700 acres in South Texas in Karnes, De Witt, Bee, Live Oak, McMullen, La Salle, Dimmit and Webb counties. Our company’s production in the Eagle Ford play averaged 19,500 barrels of oil equivalent per day in 2017, of which around 60% was oil and natural gas liquids.

Gulf of Mexico

In 2006, Repsol started the development of the Shenzi field that has produced more than 300 million boe by 2017.
We are also developing our discovery in Buckskin, where we spud the first producing well in January 2018. The field is estimated to contain nearly five billion barrels of oil in place. First production is expected in mid-2019.
In 2014, Repsol announced the Leon discovery in Keathley Canyon Block 642. We operate the project with a 60% working interest. Following a successful appraisal in 2016, we are continuing to evaluate the results of the project.

Marcellus Shale

The Marcellus Shale is one of the largest natural gas fields in the world, extending throughout the Appalachian Basin and stretching across Pennsylvania.

Repsol holds an interest in 168,400 net acres in the Marcellus Shale. The company’s acreage is primarily located in northeastern Pennsylvania in Bradford, Susquehanna and Tioga counties. Repsol’s working interest natural gas production from the play averaged 491 million cubic feet per day during 2017.

The company owns and operates midstream assets in Pennsylvania comprising approximately 315 miles of production and gathering pipelines, which are serviced by eight compression and gas dehydration facilities. The midstream assets, having a meter sales capacity of 1.5 billion cubic feet per day, currently deliver gas into multiple interstate pipeline systems.

Click here to watch our video "Repsol in the Marcellus Shale."

Trenton-Black River

Repsol acquired assets in the Trenton-Black River Formation in New York through the acquisition of Talisman Energy in 2015. The gas-rich acreage contains 80 producing wells in Chemung, Steuben, Tioga and Schuyler counties.

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