Repsol’s Canadian interests are focused on liquids and gas assets in the Greater Edson area of Alberta, conventional heavy oil western assets in the Chauvin area of Alberta/Saskatchewan, and liquids-rich gas assets in Alberta’s Duvernay play.
The Company spent approximately $353 million to explore and develop its assets in Canada in 2015, resulting in a total production of 61 mboe/d. In 2016, the Company plans to continue to develop land positions in Greater Edson, Chauvin and Duvernay. With approximately 1.1 million net acres of land in Western Canada, Repsol is a key player in the Canadian oil and gas industry. The Company’s operations include four operated gas plants in the Edson area and an oil treatment facility in Chauvin.