The Nigerian National Petroleum Company (NNPC) Limited-Chevron Nigeria Limited (CNL) joint venture (NNPC-CNL JV) says it made a near-field discovery with the successful drilling of the Meji NW-1 well in petroleum mining lease (PML) 49.
The PML 49 is located within the shallow offshore area of the western Niger Delta and was recently converted to the PIA 2021 terms.
On October 9, the NNPC signed an agreement with CNL on the conversion of five oil mining leases (OMLs) into four petroleum prospecting licences (PPLs) and 26 PMLs.
In a statement on Friday, Olusoga Oduselu, general manager of policy government and public affairs at Chevron, said the well in PML 49 was spudded on September 2 and reached a total depth of 8,983 feet ( ft) measured on September 13.
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“The Well has encountered about 690ft of hydrocarbons within Miocene sands and successfully appraises an extension of the Meji field. Well operations were completed, and the rig left location on October 2, 2024,” the statement reads.
“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.”
Oduselu said the NNPC-CNL JV would continue to partner with the government and other stakeholders to support the development of the Nigerian oil and gas industry and the Nigerian economy at large.
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