The NNPC – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has announced that it has made a major oil discovery at the Meji NW-1 well in Petroleum Mining Lease (PML) 49, offshore the Niger Delta.

Announcing the development in a statement on Friday, NNPC General Manager, Policy Government and Public Affairs, Olusoga Oduselu, said after successful drilling, the well was spudded on September 2, 2024, and the 8,983-ft depth was reached on September 13, 2024.

The statement confirmed that it encountered about 690ft of hydrocarbons within Miocene sands and successfully appraised an extension of the Meji field.

Oduselu said, “The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has made a near-field discovery with the successful drilling of the Meji NW-1 well in Petroleum Mining Lease (“PML”) 49 within the shallow offshore area of the Western Niger Delta, which was recently converted to the PIA 2021 terms.

“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.

“The NNPC-CNL JV 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.”

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