The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has achieved a notable near-field oil discovery with the successful drilling of the Meji NW-1 well, located in Petroleum Mining Lease (PML) 49 in the shallow offshore area of the Western Niger Delta.
This region, recently converted to the terms of the Petroleum Industry Act (PIA) 2021, plays a critical role in Nigeria’s energy production landscape.
Chevron’s General Manager for Policy Government and Public Affairs, Olusoga Oduselu, revealed this development 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, and reached a total depth of 8,983 feet by September 13.
It encountered approximately 690 feet of hydrocarbons within Miocene sands, effectively appraising an extension of the already productive Meji field.
Operations on the well were concluded on October 2, and the drilling rig has since departed the location.
The official statement noted, “This accomplishment is consistent with CNL’s intention to continue developing and growing its Nigerian resources,” adding that the success aligns with Chevron’s broader global exploration goals.
READ ALSO: World Bank Warns Against Further Petrol Price Increase In Nigeria
These goals include “finding new resources that extend the life of producing assets in existing operating areas and deliver production with shorter development cycle times.”
This discovery injects new momentum into Nigeria’s oil and gas sector, highlighting the continued strength of its offshore potential.
The NNPC-CNL JV expressed its commitment to collaborating with the Nigerian government and other stakeholders to ensure the ongoing 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 emphasized.
