• Location: The discovery was made in the shallow offshore area of the Western Niger Delta.
• Depth: The well reached a total depth of 8,983 feet.
• Production Potential: The new field is estimated to hold 17,000 barrels of oil per day.
• Partnership: The NNPC-Chevron joint venture will continue to work with the Nigerian government and other stakeholders to develop the country’s oil and gas resources.
The NNPC Limited-Chevron Nigeria Limited Joint Venture has announced a major oil discovery in the Western Niger Delta, marking a significant milestone in Nigeria’s energy production landscape. The Meji NW-1 well, drilled in Petroleum Mining Lease 49, struck approximately 690 feet of hydrocarbons within Miocene sands, appraising an extension of the already productive Meji field.
This discovery is expected to boost Nigeria’s oil production, which has been declining in recent years due to sabotage, theft, and aging infrastructure. The find also underscores the continued strength of Nigeria’s offshore potential, providing a much-needed fillip to the country’s economy. Chevron has expressed its commitment to developing and growing its Nigerian resources, aligning with its broader global exploration goals.
