Chevron Nigeria makes shallow offshore discovery in Western Niger Delta

Chevron Nigeria has announced a near-field oil discovery in Petroleum Mining Lease (PML) 49, situated in the shallow offshore region of the Western Niger Delta

Drilled to a depth of 8,983 feet, the Mejji NW-1 well has seen approximately 690 ft of hydrocarbons within Miocene sands. This discovery encourages potential production of up to 17,000 barrels of oil per day.

Chevron operates PML 49 in partnership with the Nigerian National Petroleum Company through their joint venture, Chevron Nigeria Limited Joint Venture (NNPC-CNL JV). 

Last month, the partners concluded the conversion of five of its joint venture assets into the Petroleum Industry Act (PIA) 2021 terms. 

The PIA is designed to safeguard national energy security and profitability even while ensuring investor interests.

Optimisation strategy

Speaking of the discovery, Olusoga Oduselu, general manager, policy government and public affairs at Chevron, said, "This accomplishment is consistent with CNL's intention to continue developing and growing its Nigerian resources, including the onshore and shallow water areas and supports Chevron's broader global exploration strategy to find new resources that extend the life of producing assets in existing operating areas and deliver production with shorter development cycle times."