The Nigerian National Petroleum Company Limited (NNPC Ltd.) has congratulated Chevron Nigeria Limited (CNL) on the successful completion of the Awodi-07 appraisal and exploration well, describing the outcome as a significant boost to confidence in the joint venture’s asset portfolio.
Chevron Nigeria Limited operates the NNPC Ltd/CNL Joint Venture, under which the Awodi-07 well was drilled in the shallow offshore area of the western Niger Delta as part of ongoing efforts to further delineate and unlock hydrocarbon potential.
Drilling activities began in November 2025 and were concluded in mid-December 2025. NNPC Ltd. said the operations were executed safely and in full compliance with approved operational and regulatory standards.
Following comprehensive testing, logging and data acquisition, the well was safely secured, marking the successful completion of the programme. Results from the Awodi-07 well were described as highly encouraging, confirming a significant presence of hydrocarbons across multiple reservoir zones.
The outcome represents an important milestone for the NNPC Ltd/CNL Joint Venture, reinforcing the prospectivity of the area and strengthening confidence in the underlying asset. It also highlights the impact of disciplined exploration, robust technical evaluation and strong operational collaboration between both partners.
NNPC Limited and Chevron Nigeria Limited operate several oil and gas fields in Nigeria’s Niger Delta under a joint venture arrangement in which Chevron holds a 40 per cent stake, while NNPC Ltd. retains the remaining interest. The partnership is designed to pool resources, expertise and investment to accelerate the development of Nigeria’s oil and gas resources.
Through this collaboration, the partners are targeting increased oil production of about 146,000 barrels per day, with the potential to support government revenue, create employment and enhance the country’s energy supply.
Commending Chevron Nigeria Limited for its performance, the Group Chief Executive Officer of NNPC Ltd., Mr Bashir Ojulari, said the company had demonstrated operational excellence, technical competence and consistent value delivery.
Ojulari said the success of the Awodi-07 well further reinforced the strength of the NNPC Ltd/CNL Joint Venture and its shared commitment to responsibly growing Nigeria’s hydrocarbon reserves.
“This achievement aligns squarely with our strategic priorities of increasing production, enhancing national energy security and delivering sustainable value for the Nigerian people,” he said.
Also commenting on the milestone, the Executive Vice President, Upstream, NNPC Ltd., Mr Udy Ntia, described the Awodi-07 results as a clear demonstration of the benefits of sustained collaboration, technical rigour and a stable, enabling operating environment.
“This discovery underscores the importance of disciplined exploration programmes, strong partnerships, and the positive impact of the reforms introduced under the Petroleum Industry Act.
“We look forward to working closely with Chevron Nigeria Limited to nurture this opportunity and progress it towards timely development and monetisation,” he said.
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