Editing Repsol (section)

===Upstream===
Exploration and production of oil and natural gas are in charge of Repsol Exploration SA and its many subsidiaries. It is present in several countries, such as Spain, [[United States]], Canada, Brazil, Bolivia, [[Colombia]], [[Peru]], Venezuela, Trinidad and Tobago, [[Norway]], [[United Kingdom]], [[Algeria]], Libya, [[Indonesia]] and others.<ref name="AR2021"/>

The oil and gas exploration and production activity is Repsol's main growth driver. Repsol has become a world leader in exploration, with over 40 finds since 2008. To guarantee this activity in the long term, in 2013, Repsol incorporated 65 exploration blocks, mainly in the United States (44 blocks) and Norway (6 blocks), into its mining holdings.<ref>{{Cite web |url=https://www.repsol.com/content/dam/repsol-corporate/en_gb/accionistas-e-inversores/informes-anuales/2013/Anual_report_Full_tcm14-14857.pdf |title=Full Annual Report 2013 |access-date=29 January 2022}}</ref>

Production was doubled as a result of the acquisition of [[Talisman Energy]] in 2015.<ref>{{Cite news |date=2014-07-23 |title=UPDATE 3-Talisman Energy says approached by Spain's Repsol about deal |language=en |work=Reuters |url=https://www.reuters.com/article/talisman-repsol-idUKL2N0PY1B920140723 |access-date=2023-01-20}}</ref> As of January 2022, Repsol produces an average of 572,000 barrels of oil per day, and it has proven reserves of 1.9 billion barrels.<ref name="AR2021"/>