The NNPC Limited and Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has achieved a significant milestone with the successful drilling of the Meji NW-1 well, marking a major oil discovery.
Located in Petroleum Mining Lease (PML) 49 within the shallow offshore region of the Western Niger Delta, this development comes in line with the provisions of the Petroleum Industry Act (PIA) 2021, underscoring Chevron’s ongoing commitment to investing in Nigeria’s oil and gas sector.
Drilling took place between September 2 and September 13, 2024, reaching a total depth of 8,983 feet. The exploration revealed approximately 690 feet of hydrocarbons in Miocene sands, confirming the presence of substantial oil and gas reserves. The well is an extension of the existing Meji field, with operations concluding on October 2, 2024.
This discovery aligns with Chevron’s global strategy to enhance the longevity of its existing assets by identifying and developing new resources. The company is focused on increasing production in a timely manner, particularly in shallow water and onshore areas.
The successful drilling of the Meji NW-1 well underscores Chevron’s commitment to strengthening its operations in Nigeria. The NNPC-CNL JV highlighted the critical role of collaboration with the Nigerian government and other key stakeholders in advancing the country’s oil and gas industry.
This discovery is anticipated to have a positive impact on Nigeria’s economy, providing added value to both local and national stakeholders. Olusoga Oduselu, General Manager of Policy, Government, and Public Affairs, praised the joint venture for its unwavering dedication to enhancing Nigerian resources and driving growth within the sector.
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