Exploration and Production
By December 31, 2017, Repsol had mineral rights in the country to 10 blocks: 7 exploration blocks, with a net surface area of 50,975 Km2 and 3 production/development blocks, with a net surface area of 292 Km2. In 2018, licenses to assess and study 6 new areas were obtained; these areas span over 42,276 Km2 of the previously mentioned exploration surface.
Net production of hydrocarbons in Peru was 17.2 Mboe (47,138 boe/d) in 2018. Net oil production was 5.0 Mbbl, including condensates and liquids, and 68.3 Bcf natural gas. The net proven reserves for crude oil and gas were estimated at 395.3 Mboe, by the end of the year.
- Within the framework of the Development Plan in the Sagari field, production of a new well in block 57 has started. The Compression project has been completed thanks to start-up of the plant which will make it possible to offset the pressure in the gas wells of the Kinteroni and Sagari wells. This compression plant is located in the Nuevo Mundo base; from there, production is transported to the Camisea Consortiums' Malvinas Plant through a gas pipeline.
Sagari started production at the end of 2017. It is located in the Ucayali-Madre de Dios basin, one of the most prolific gas areas in the country. Repsol is the operator, with 53.84% interest.
of mineral rights
equivalent per day
We are the operators of the La Pampilla refinery, located in the El Callao province, with 82.38% interest. In 2018, La Pampilla reached a refining capacity of 117,000 barrels per day.
In September, the La Pampilla refinery finished its project designed to adapt it to the new quality specifications in Peru, and started the gasoline production units back up. In October 2016, the low-sulfur diesel production unit had already been started up. Thanks to these milestones, Repsol strengthens its commitment to improve the quality of fuels.
Lubricants and Specialized Products
Sale and distribution of lubricants and specialized products through our commercial office.
In 2018, we had 560 service stations in our network, where we sold and provided supplementary products and services to our customers.
In line with the company’s Strategic Plan, which features the profitable expansion of business, Repsol has boosted its commercial presence in Peru by acquiring the Puma Energy company. This agreement will increase sales in the country by 10%, since it will expand its service stations and direct customers.
We supply, trade, and transport oil internationally from out commercial office in Lima.