Energy

Chevron discovers new oil well in Niger Delta

Chevron Nigeria Limited 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 Niger Delta of the country.

This was contained in a statement issued by Chevron General Manager of Policy Government and Public Affairs, Olusoga Oduselu, on Friday, October 18, 2024.

Oduselu stated that the Well was spud on September 2 and reached a total depth of 8,983ft measured depth on September 13, 2024.

He noted that the Well encountered about 690ft of hydrocarbons within Miocene sands and appraised an extension of the Meji field.

Chevron to jobseekers: We’re not selling job slots

The Chevron spokesperson said Well operations were completed, while the rig left the location on October 2.

Oduselu added: “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.”

The Star

Segun Ojo

Recent Posts

VIDEO: Farooq Oreagba opens up on cancer battle

Cultural ambassador and style icon, Farooq Oreagba, has opened up about his long and private…

13 minutes ago

Bitcoin drops to $70,000 for first time in one year

Bitcoin was on the verge of breaking below the key $70,000 level on Thursday, February…

1 hour ago

2027: INEC registers 2 new political parties

The Independent National Electoral Commission (INEC) has registered two new political parties ahead of the…

1 hour ago

Husband beats wife to death in Imo

Police in Imo State have arrested a man, Kelechi Prince Okeke, over the alleged death…

2 hours ago

Abducted Kaduna worshippers regain freedom

Worshippers abducted during a church attack in Kurmin Wali community, Kajuru Local Government Area of…

2 hours ago

MTN in talks to acquire IHS towers in potential $2.76bn buyout

MTN Group, Africa’s largest mobile network operator, is in advanced negotiations to acquire the remaining…

2 hours ago

This website uses cookies.