The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) announced a significant oil discovery in Petroleum Mining Lease (PML) 49, located in the shallow offshore area of the Western Niger Delta.
The Meji NW-1 well was drilled from September 2 to September 13, 2024, reaching a depth of 8,983 feet and encountering approximately 690 feet of hydrocarbons within Miocene sands. The drilling operations concluded on October 2, 2024.
Chevron’s General Manager, Policy Government, and Public Affairs, Olusoga Oduselu, emphasized that this discovery aligns with Chevron’s goal of extending the life of its producing assets and accelerating development. The success strengthens Nigeria’s offshore potential and the country’s oil and gas sector.
The NNPC-CNL JV reiterated its commitment to working with the Nigerian government and stakeholders to support the continued growth of Nigeria’s oil and gas industry and economy.
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