NNPC and Chevron discovery at Awodi 07 well to increase output

Nigeria's oil partners hit a promising well and want higher output, chasing cash, reserves, and momentum.

Production push plan

• Nigerian National Petroleum Company Limited targets higher daily barrels.
• Chevron Nigeria Limited runs the joint venture.
• Output goal sits near 146,000 barrels daily.
• Revenue upside drives the push.

Awodi-07 well outcome

• Awodi-07 sits offshore in the western Niger Delta.
• Tests confirmed hydrocarbons across several zones.
• The well is wrapped cleanly after data capture.
• Confidence jumped across the asset base.

Operations and timing

• Drilling kicked off in late November 2025.
• Work wrapped by mid-December 2025.
• Safety and compliance boxes stayed checked.
• The site was secured post-testing.

Leadership reaction

• Bayo Ojulari praised Chevron's execution.
• He tied results to energy security goals.
• Udy Ntia highlighted technical discipline.
• Collaboration stayed front and center.

Joint venture structure

• Chevron holds 40 percent of the assets.
• NNPC Limited keeps the rest.
• Partners share capital, tools, and risk.
• Jobs and supply gains are expected.