- OML140 (55%)
Chevron Nigeria Ltd. (CNL) is one of the largest oil and gas producing companies in Nigeria and counts as one of its largest foreign investors in the country.
In Nigeria, Chevron operates under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for the onshore and offshore assets in the Niger Delta region. Chevron also has extensive interests in multi-partner deepwater operations covering the operated Agbami Field, one of Nigeria’s largest ever deepwater discoveries and the non-operated Usan Field.
Chevron has interests, ranging from 20 to 100 percent, in 3 operated and 6 non-operated deepwater blocks in Nigeria.
Agbami: Chevron operates the Agbami Field, which lies 70 miles (113 km) off the coast of the central Niger Delta region and spans 45,000 acres (182 sq km). Discovered in 1998, the Agbami Field is at a water depth of approximately 4,800 feet (1,463 m). Chevron has a 67.3 percent interest in the field. In 2017, net daily production averaged 119,000 barrels of crude oil and 12 million cubic feet of natural gas.
Agbami is a subsea development with wells tied back to a floating production, storage and offloading (FPSO) vessel. The first two phases of infill drilling, Agbami 2 and Agbami 3, are complete. To offset field decline, a third phase of infill drilling has begun. The Agbami (FPSO) vessel is one of the largest in the world.
Usan: Chevron has a 30 percent nonoperated working interest in the Usan Field, in 2,461 feet (750 m) of water, 62 miles (100 km) off the coast of the eastern Niger Delta region. Net daily production in 2017 averaged 27,000 barrels of crude oil and 4 million cubic feet of natural gas.
Aparo: The Aparo Field and the third-party-owned Bonga SW Field share a common geologic structure and are planned to be developed jointly. The structure lies in 4,300 feet (1,311 m) of water, 70 miles (113 km) off the coast of the western Niger Delta region. The proposed development plan involves subsea wells tied back to an FPSO vessel. Work continues on optimizing project scope and cost.
Chevron operates and has a 55 percent interest in Oil Mining Lease (OML) 140. The block lies in roughly 8,000 feet (2,438 m) of water, 90 miles (145 km) off the coast of the western Niger Delta region, and includes the Nsiko discoveries. Acquisition of 3-D seismic data is planned for OML 140 in 2018.
In 2017, the company continued to evaluate development options for the multiple discoveries in the Usan area, including the Owowo Field.
Chevron is involved in natural gas projects in the western Niger Delta and Escravos areas, including the Escravos Gas Plant (EGP), the Escravos Gas-to-Liquids (EGTL) facility and the Sonam Field Development Project.
CNL operates the EGP, which has a total capacity of 680 million cubic feet per day of natural gas and LPG and a condensate export capacity of 58,000 barrels per day. Chevron and the NNPC also operate the EGTL facility, a 33,000-barrel-per-day gas-to-liquids plant.
The Sonam Field Development Project is designed to use the EGP facilities to deliver 215 million cubic feet of natural gas per day to the domestic gas market and produce a total of 30,000 barrels of liquids per day. Production at the 40 percent-owned and operated project began in June 2017 and is expected to continue ramping up in 2018.
With a 36.7 percent interest, Chevron is the largest shareholder in the West African Gas Pipeline Company Limited, which owns and operates the 421-mile (678-km) West African Gas Pipeline. The pipeline supplies customers in Benin, Ghana and Togo with Nigerian natural gas for power generation and industrial applications. It has the capacity to transport approximately 170 million cubic feet of natural gas per day.
In 2017, Chevron’s net daily production in Nigeria averaged 207,000 barrels of crude oil, 223 million cubic feet of natural gas and 6,000 barrels of liquefied petroleum gas (LPG).
For more information about this company, visit: http://www.chevron.com