Chevron boss, others visit Governor of Lagos State
By Eyo Nsima
The Chairman/Managing Director, Chevron Nigeria Mid Africa Business Unit, Mr. Rick Kennedy and other members of the company’s leadership, Tuesday, paid a courtesy visit to the Governor of Lagos State, Babajide Sanwo-Olu at Lagos House Marina.
Chevron is one of the largest oil producers in Nigeria and one of its largest investors, which operates under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for the onshore and offshore assets in the Niger Delta region, according to a report obtained from its website.
It also stated: “Chevron also has extensive interests in multipartner deepwater operations. We operate the Agbami Field, one of Nigeria’s largest deepwater discoveries. We also have a non-operated interest in the Usan Field.
“Through Chevron’s principal subsidiary in Nigeria, Chevron Nigeria Limited (CNL), the company operates and holds a 40 percent interest in eight concessions in the onshore and near-onshore regions of the Niger Delta under a joint-venture arrangement with the NNPC. Chevron also does business through other subsidiaries in Nigeria.
“Chevron has interests, ranging from 20 to 100 percent, in three operated and six non-operated deepwater blocks in Nigeria. 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.
“Agbami is a subsea development with wells tied back to a floating production, storage and offloading (FPSO) vessel. The original Agbami development scope (Agbami 1, 2 and 3) is complete. To offset field decline, infill drilling continued in 2019.
“Chevron has a 30 percent non-operated 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.
“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 toward a final investment decision.
“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. Chevron’s 30 percent non-operated working interests in OML 138 include the Usan Field and several satellite discoveries and a 27 percent interest in adjacent licenses OML 139 and OML 154. We are working with the operator to evaluate development options for the multiple discoveries in the Usan area, including the Owowo Field which straddles OML 139 and OML 154.”
It added: “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.”
