The Nigerian National Petroleum Company Limited (NNPC Ltd) has expressed its congratulations to Chevron Nigeria Limited (CNL) following the successful completion of the Awodi-07 exploration and appraisal well situated in the shallow offshore of the western Niger Delta.
A statement from NNPC Ltd’s Chief Corporate Communications Officer, Andy Odeh, indicated that the drilling of the Awodi-07 well forms part of the Joint Venture's ongoing initiative to further explore and exploit hydrocarbon reserves within its asset portfolio.
The statement noted that through their collaboration, the partners aim to elevate oil production to approximately 146,000 barrels per day, which is expected to enhance government revenue, generate employment opportunities, and contribute to the overall energy stability of the country.
NNPC Limited and Chevron Nigeria Ltd operate under a joint venture agreement, managing various oil and gas fields in Nigeria’s Niger Delta.
In this partnership, Chevron holds a 40 percent stake in the assets, while NNPC Limited maintains the remaining share. This structure enables both companies to pool resources, expertise, and investment for the more effective development of Nigeria's oil and gas industry.
Drilling operations commenced in late November 2025 and were completed by mid- December 2025, with all procedures implemented safely, effectively, and in adherence to established operational and regulatory guidelines.
After comprehensive testing, logging, and data collection, the well was secured, concluding the program successfully.
The results from the well have been described as highly promising, confirming a substantial presence of hydrocarbons across several reservoir layers. This discovery marks a significant achievement for the NNPC Ltd/CNL Joint Venture, instilling confidence in the underlying assets and enhancing the area's potential. The success of Awodi-07 underscores the value of disciplined exploration, solid technical evaluation, and robust operational cooperation between NNPC Ltd and its Joint Venture partner, according to NNPC.
Engr. Bashir Bayo Ojulari, the Group Chief Executive Officer of NNPC Ltd, commended Chevron Nigeria Limited for its operational excellence, technical capabilities, and ongoing value delivery.
He stated, "The success of the Awodi-07 well further reinforces the strength of the NNPC Ltd/CNL Joint Venture and our shared commitment to responsibly increasing Nigeria’s hydrocarbon reserves. This aligns perfectly with our strategic goals of boosting production, improving national energy security, and providing sustainable value for the Nigerian populace."
Mr. Udy Ntia, Executive Vice President of Upstream at NNPC Ltd, referred to the Awodi-07 findings as a clear indication of the benefits of prolonged collaboration, meticulous technical application, and the conducive operational environment.
He said, "This discovery highlights the significance of structured exploration efforts, strong partnerships, and the favorable outcomes from reforms introduced under the Petroleum Industry Act. We are eager to work closely with Chevron Nigeria Limited to advance this opportunity towards timely development and monetisation."
Jim Swartz, Chairman & Managing Director of Chevron Nigeria/Mid Africa Region, articulated the importance of this discovery in a Chevron statement.
He remarked, "The success at Awodi-07 exemplifies the strength of our exploration initiatives and the benefits of collaborating with our esteemed partner, NNPCL, reaffirming the NNPCL/CNL JV’s commitment to sustaining production expansion."
Furthermore, Kevin McLachlan, Vice President of Exploration, noted, "This discovery comes in the wake of two recent successful exploration efforts in Nigeria since late 2024. These three successes complement Chevron’s overarching exploration strategy, balancing infrastructure capabilities with frontier initiatives."
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