A dynamic independent oil and gas company, with over 25 years of experience
The group in its present form commenced in 1986, when the current management bought U.S. and Latin American oil trading interests.
In 1989 a high degree of success in trading activities allowed for the acquisition of oil & gas producing properties in Latin America and Russia, moving the group into the upstream segment of the industry.
Throughout the 1990’s, Hispania supplied technology and production equipment to Russian companies, enabling them to increase their production. This established Hispania in the Russian market, which has proven to be a solid and long lasting business relationship.
In the last decade Hispania has concentrated its efforts on further developing its oil producing interests, and has succeeded in building a worldwide portfolio of high quality assets with proven reserves and significant upside potential.
Hispania Petroleum S.A. (Hispania) is an independent oil & gas company with operations across the globe, ranging from South America to Europe and Russia. Initially Hispania’s main focus was trading oil and oil products. Its success in this area allowed the company to acquire high quality producing assets.
In the last decade, Hispania has moved towards increasing production and reserves, renewing licenses, and securing new exploration and development opportunities.
Presently the group has a balanced portfolio with a solid production base, development projects, and high quality exploration prospects.
As a responsible operator, we are proud to be a partner of choice and to maintain the highest safety and environmental standards.
• Cumulative Oil Production
– Gary and Turka oil fields: 18,694 million barrels of oil
– Puesto Guardian: 16,225 million barrels of oil
• Hispania traded an average of 350,000 barrels of oil per day during 1980’s and 1990’s
• 121 wells drilled to date with 97% success rate
• 2P reserves of over 30MM barrels
Hispania Petroleum is an independent oil & gas company with operations across the globe, ranging from South America to Europe and Russia. Initially Hispania’s main focus was trading oil and oil products. Its success in this area allowed the company to acquire high quality producing assets.
Hispania began operations in Argentina in 1991 after acquiring “Area Puesto Guardian” in the “Noroeste Basin”. Operations in Argentina focused on redeveloping Puesto Guardian’s five oil fields which stretch over 633 km2. Hispania exited the block in 2014.
Hispania holds a 50% working interest in the license contract for Gariushkinskoye and Turkinskoye fields in the Cama Basin located in region of Perm.
In 2006 a seismic acquisition campaign was carried out in Gariushkinskoye field. The interpretation of the processed seismic determined that the field’s reserves are higher than initially established, allowing for 30 additional development wells to be drilled by 2018.
In 2021 Hispania Petroleum entered the Italian oil and gas market with the acquisition of a portfolio exploration and production assets in Sicily and Northern Italy.
Hispania is constantly looking for new ways to improve the quality of life of the people living in the communities where we operate. This includes the generation of energy for neighboring communities, as well as financial support for a number cultural, athletic, and welfare institutions.
The company’s policy gives priority to the hiring of people living in the surrounding area, as well as the acquisition of materials from local firms, thus generating thousands of jobs for small communities all over the world.
Avda Alcalde Ramirez Bethencourt, 25
35004 Las Palmas, Gran Canaria
Buenos Aires C1006ACT
1-ya Tverskaya-Yamskaya ul., 23,
Please direct all inquires to: email@example.com