Exploration and Production
On December 31, 2018 Repsol had mineral rights in Canada to a total net surface area of 6,743 Km2 (3,309 Km2 for exploration, and 3,434 Km2 for production/development).
Net production in 2018 was 7.9 Mbbl of liquids and 81.9 Bcf of natural gas, with a total net production equivalent 22.4 Mboe (61,483 boe/d). The estimated net proven reserves for liquids and natural gas at the end of the year were 115.9 Mboe.
of mineral rights
equivalent per day
Gas Wholesaler and Trading
We manage the Canaport™ LNG regasification terminal in Saint John, New Brunswick, with a 75% interest (our partner, Irving Oil, holds the remaining 25%).
The plant has a maximum daily send-out capacity of 1.2 billion cubic feet (Bcf), and it mainly supplies customers in the northeast USA.