NNPC-CNL JV Discover New Oil Field In Nigeria

The NNPC Limited–Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) on Friday announced it has recorded a significant near-field oil discovery.

This is with the successful drilling of the Meji NW-1 well, located in Petroleum Mining Lease (PML) 49 within the shallow offshore area of the Western Niger Delta.

It was learnt that the area was recently converted to the Petroleum Industry Act (PIA) 2021 terms and that it is a critical part of Nigeria’s energy production ecosystem.

Chevron’s General Manager, Policy Government and Public Affairs, Olusoga Oduselu, announced the development on Friday in a statement.

It was titled, “NNPC-CNL Joint Venture successfully drills the Meji NW-1 Well.”

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

He added that it encountered approximately 690 feet of hydrocarbons within Miocene sands, appraising an extension of the already productive Meji field.

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

Oduselu said: “This accomplishment is consistent with CNL’s intention to continue developing and growing its Nigerian resources. 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.

“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.”