JUST IN: NNPC, Chevron Discover Crude Oil In Niger Delta
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The NNPC Limited and Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has announced a significant oil discovery with the successful drilling of the Meji NW-1 well in Petroleum Mining Lease (PML) 49, located in the shallow offshore region of the Western Niger Delta.
This area operates under the Petroleum Industry Act (PIA) 2021, a key part of Nigeria’s energy production sector.
Chevron’s General Manager of Policy, Government, and Public Affairs, Olusoga Oduselu, confirmed that drilling began on September 2, 2024, reaching a total depth of 8,983 feet by September 13.
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The well encountered approximately 690 feet of hydrocarbons within Miocene sands, extending the productive Meji field.
The drilling operations were completed on October 2, with the rig having since departed the site.
Oduselu stated, “This achievement aligns with Chevron’s commitment to advancing its Nigerian resources,” emphasizing that the discovery fits into the company’s broader global exploration strategy.
The NNPC-CNL JV reiterated its commitment to collaborating with the Nigerian government and other stakeholders to foster growth in the oil and gas industry, stating, “We remain dedicated to supporting the growth of the oil and gas industry and the overall Nigerian economy.”
