NNPC, Chevron Discover Oil in Niger Delta

The NNPC Limited and Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has made a notable near-field oil discovery by successfully drilling the Meji NW-1 well.

This well is located in Petroleum Mining Lease (PML) 49, situated in the shallow offshore area of the Western Niger Delta.

This region, recently updated to align with the Petroleum Industry Act (PIA) 2021 terms, plays a key role in Nigeria’s energy production.

NNPC, Chevron Discover Oil in Niger Delta
Jim Swartz, Chairman and Managing Director Chevron Nigeria Limited./ Photo Credit: Punch

Chevron’s General Manager of Policy, Government, and Public Affairs, Olusoga Oduselu, announced the discovery in a Friday statement titled, “NNPC-CNL Joint Venture Successfully Drills the Meji NW-1 Well.”

According to the statement, the well was spud on September 2, 2024, reaching a total depth of 8,983 feet by September 13.

It encountered approximately 690 feet of hydrocarbons within Miocene sands, appraising an extension of the already productive Meji field.

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The well operations were concluded on October 2, and the drilling rig has since left the location, according to the official statement.

“This accomplishment is consistent with CNL’s intention to continue developing and growing its Nigerian resources,” the company stated, adding that the success aligns with Chevron’s broader global exploration goals.

These include “finding new resources that extend the life of producing assets in existing operating areas and deliver production with shorter development cycle times.”

The NNPC-CNL JV expressed its commitment to working with the Nigerian government and other stakeholders to ensure the continued development of the country’s oil and gas resources.

“We will continue to collaborate with the Nigerian government and other stakeholders to support the development of the Nigerian oil and gas industry and the Nigerian economy in general,” the statement emphasised.

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