• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 22, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Chevron Broadens Oil Exploration In Nigeria With Successful Awodi‑07 a Well Appraisal

Chika Izuora by Chika Izuora
5 months ago
in Business
chevron
Share on WhatsAppShare on FacebookShare on XTelegram

Chevron Nigeria Limited, has said it is repositioning its investment opportunities to significantly increase crude production capacity in Nigeria enabled by ongoing reforms by government.

Chevron notes its 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.

Enabled by the Petroleum Industry Act (PIA) and ongoing industry reforms, the company is advancing exploration opportunities and converting new discoveries into value for Nigeria through technology, local partnerships, and disciplined development.

To confirm this commitment, the Nigeria National Petroleum Company Limited/Chevron Nigeria Limited Joint Venture (NNPCL/CNL JV) has successfully completed the Awodi‑07 appraisal and exploration well in the shallow offshore area within the western Niger Delta region of Nigeria.

The well was spud on November 30, 2025, reached a total depth of 12,420 ft MD / 11,303 ft TVD on December 16, 2025, and has now been safely plugged and suspended following completion of wireline and fluid sampling operations on December 28, 2025. Awodi‑07 encountered approximately 675 feet of hydrocarbon pay, comprising:

The chairman & managing director, Chevron Nigeria/Mid Africa Region, Jim Swartz,  emphasised the significance of this discovery stating that, “The Awodi‑07 success demonstrates the strength of our exploration program and the value of collaboration with our senior partner, NNPCL, reinforcing the NNPCL/CNL JV’s commitment to sustaining production growth.”

Reinforcing Jim’s message, vice president – Exploration, Kevin McLachlan,  added, “This discovery comes after two recent exploration successes in Nigeria since late 2024.

All three discoveries complements Chevron’s global exploration strategy to balance infrastructure enabled and frontier activity.”

This accomplishment is consistent with CNL’s commitment to continue developing and growing its hydrocarbon resources.

RELATED NEWS

High T-Bill Yields To Pressure Nigerian Equities Market This Week

High Revenue Deductions Weakening Aviation Sector – Airline Operator

Dimension Data Floats N5bn Bond To Strengthen Digital Infrastructure

This includes resources in the onshore and shallow water regions and supports

“We appreciate the partnership with NNPCL and the support of our regulators. The NNPCL/CNL JV will continue to collaborate closely with the regulators and other stakeholders to ensure compliance with all regulatory requirements.” the company said.

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
Chika Izuora

Chika Izuora

Chika Izuora is a journalist with Leadership Media Group with over two decades of mainstream journalism experience. A Mass Communication graduate and alumnus of Pan Atlantic University (PAU), he has built outstanding expertise in the oil and gas industry alongside a versatile career as a journalist and author.

OTHER NEWS UPDATES

JUST IN: Nigerian Stocks End 8-Day Gains As Banks Slide
Business

High T-Bill Yields To Pressure Nigerian Equities Market This Week

13 minutes ago
Hazy Weather: NCAA Warns Pilots, Operators Over Poor Visibility
Business

High Revenue Deductions Weakening Aviation Sector – Airline Operator

24 minutes ago
$1trn Economy: ‘Nigeria Needs €1.05bn Data Centre Investment, 90,000km Fibre Expansion
Business

Dimension Data Floats N5bn Bond To Strengthen Digital Infrastructure

25 minutes ago
Next Post
NAFDAC Enforces Ban On Alcoholic Beverages In Sachets

Sachet, PET-bottled Alcohol Remain Ban, NAFDAC Insist

Advertisement

LATEST UPDATE

High T-Bill Yields To Pressure Nigerian Equities Market This Week

13 minutes ago

War And Mosquito Nets

19 minutes ago

High Revenue Deductions Weakening Aviation Sector – Airline Operator

24 minutes ago

Dimension Data Floats N5bn Bond To Strengthen Digital Infrastructure

25 minutes ago

Motorists Raise Concern As Petrol Stays High Despite Oil Price Drop

26 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.