The catalytic behavior of the new Ni exsolved Ruddlesden‐Popper (RP) manganite (La1.5Sr1.5Mn1.5Ni0.5O7) for the reforming reaction was studied. The material was synthesized by the Pechini method and reduced to induce the formation of two phases: n=1 RP structure LaSrMnO4 decorated with Ni nanoparticles. Ni impregnation on (La,Sr)2MnO4 ceramic support of similar composition was also prepared for comparison. The catalytic measurements were carried out in a reduction‐reaction process with low steam to carbon content (S/C=0.15) at 700, 800 and 850 °C. The exsolved material exhibits a better performance than the impregnated for the methane steam reforming reaction, especially at 850 °C with higher conversion and H2 production rate. However, in light alkane gas mixtures (CH4−C2H6 and CH4−C3H8), the behavior is affected due to the competition between reactions and low available metallic active sites, without affecting the H2 production. The exceptional overall results considering this new material as a promising anode material in a SOFC fed with Colombian natural gas.