The company stated that all operations were conducted safely and efficiently, in full adherence to approved operational and regulatory requirements. After extensive testing, logging and data gathering, the well was securely shut, marking the completion of the programme.
These details were contained in a press release dated January 26, 2026, and signed by Andy Odeh, Chief Corporate Communications Officer of NNPC Ltd.
The release disclosed that findings from the Awodi-07 well revealed substantial hydrocarbon presence across several reservoir intervals.
NNPC Ltd described the development as a significant achievement for the Joint Venture, boosting confidence in the asset and further affirming the area’s exploration potential.
According to the company, the outcome demonstrates the value of disciplined exploration activities, robust technical assessment and effective operational cooperation between the partners.
Reacting to the development, the Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, praised Chevron Nigeria Limited for its role in the success.
“The success of the Awodi-07 well further reinforces the strength of the NNPC Ltd/CNL Joint Venture and our shared commitment to responsibly growing Nigeria’s hydrocarbon reserves,” Ojulari said.
“This achievement aligns squarely with our strategic priorities of increasing production, enhancing national energy security, and delivering sustainable value for the Nigerian people,” he added.
Similarly, the Executive Vice President, Upstream, NNPC Ltd, Mr. Udy Ntia, said the results highlight the advantages of continuous collaboration and ongoing sector reforms.
“This discovery underscores the importance of disciplined exploration programmes, strong partnerships, and the positive impact of the reforms introduced under the Petroleum Industry Act,” Ntia said.
“We look forward to working closely with Chevron Nigeria Limited to mature this opportunity and progress it towards timely development and monetisation,” he added.
The statement further explained that NNPC Limited and Chevron Nigeria Ltd operate a joint venture that spans multiple oil and gas assets in the Niger Delta.
Under the partnership, Chevron holds a 40 per cent stake, while NNPC Ltd retains the remaining interest, combining capital, technical expertise and investments to develop Nigeria’s hydrocarbon resources.
Through this Joint Venture, both parties aim to ramp up oil production to approximately 146,000 barrels per day in support of government revenue generation, employment creation and national energy security.
