Repsol in the United States

The United States remains a core country in Repsol’s 2024-2027 Strategic Update for its high-quality energy assets, favorable business environment, and growth potential. The unconventional hydrocarbon revolution and the country’s long-standing tradition in the industry has enabled it to go from being a net hydrocarbon importer to the world’s leading energy producer in just a short number of years, according to the International Energy Agency.

In the United States, Repsol has upstream assets in the Marcellus Shale in Pennsylvania, Eagle Ford Shale in South Texas, Gulf of Mexico, and North Slope in Alaska. Repsol started producing electricity at its first solar plant in the United States in 2022 in New Mexico and currently has more than 2 GW of renewable energy capacity installed or under construction in the country. Repsol also has downstream businesses in natural gas, crude oil, and products marketing and trading.

Main figures, lines of action, and facilities map

Our operations

Renewable energy

Our target is to reach between 9,000 and 10,000 MW of installed capacity by 2027. Of this figure, 30% will be in the United States, after consolidating the project portfolio of Hecate and ConnectGen.

Exploration and Production

We produce oil and natural gas to meet the growing demand for safe, reliable, and affordable energy, while decarbonizing our activity to advance the energy transition.

Low carbon solutions

We are advancing innovative low carbon solutions including carbon capture and storage (CCS) through projects that utilize our extensive technological and subsurface expertise.

Trading

We trade crude oil, by-products, and natural gas, which are aligned with our commitment to advance lower-emissions energy generation.

Latest projects

Frye

This is our largest solar photovoltaic project under operation in the world, with nearly one million panels and total installed capacity of 637 MW in Texas.

More information

Marcellus

The Marcellus Shale is one of the largest natural gas fields in the world that extends through the Appalachian Basin and stretches across Pennsylvania.

Eagle Ford

We have been operating in the Eagle Ford Shale in South Texas since 2020, with future upside potential for low carbon solutions such as geothermal.

Jicarilla

We started producing our first renewable energy in the United States at the Jicarilla solar photovoltaic project in 2022, located in New Mexico.

More info on Repsol USA

Contact
Repsol
2455 Technology Forest Boulevard
The Woodlands, Texas 77381
infous@repsol.com

_{Last updated: December 2023}