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Exploration and Production
Through Chevron's principal subsidiary in Nigeria, Chevron Nigeria Limited (CNL), the company operates and holds a 40 percent
interest in nine concessions under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC).
Chevron also does business through other subsidiaries in Nigeria.
In 2014, Chevron's net daily production in Nigeria averaged 240,000 barrels of crude oil, 236 million cubic feet of natural gas and
6,000 barrels of liquefied petroleum gas.
Deep Water
Chevron has interests, ranging from 20 percent to 100 percent, in three operated and six nonoperated 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. In 2014, net daily production averaged 134,000 barrels of crude oil and 15
million cubic feet of natural gas.
Agbami is a subsea development with wells tied back to a floating production, storage and offloading (FPSO) vessel. A 10-well
Phase 2 development program is expected to offset field decline and to maintain production capacity. As of early 2015, eight of
the wells were producing. The next phase, Agbami 3, is a five-well drilling program that began drilling in early 2015 and is
expected to start production in 2016. Drilling is scheduled to continue through 2017.
Chevron has a 30 percent nonoperated working interest in the Usan Project, 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 2014 averaged 32,000 barrels of crude oil and 3 million cubic
feet of natural gas. Additional development drilling is planned through 2018.
The Aparo Field and the 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. A final investment decision is expected in 2015 or 2016.
Exploration
Chevron operates and has a 95 percent interest in the Nsiko discovery in OML 140, which lies in roughly 8,000 feet (2,438 m) of
water, 90 miles (145 km) off the coast of the western Niger Delta region. An exploration well at the Nsiko North prospect was
drilled in the fourth quarter of 2014, and more exploration drilling is planned for 2015.
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In 2014, we drilled two exploration wells and discovered crude oil in the Usan area. In 2015, the company plans to evaluate
development options.
Natural Gas
Chevron is involved in natural gas projects in the western Niger Delta and Escravos areas, including the optimization of the
Escravos Gas Plant (EGP), the Escravos Gas-to-Liquids (EGTL) facility and the Sonam Field Development Project.
CNL operates and holds a 40 percent interest in the EGP development. The EGP Phase 3B project is focused on eliminating
routine flaring of natural gas associated with crude oil production. The project includes installation of 74 miles (119 km) of subsea
pipelines and modifications to the production platforms. The project is expected to be completed in 2016.
Chevron and the NNPC developed the EGTL facility, a 33,000-barrel-per-day gas-to-liquids project designed to process 325
million cubic feet per day of natural gas from the EGP expansion. Chevron is the operator and has a 75 percent interest in the
plant, which began production in mid-2014.
The Sonam Field Development 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. First production at the 40 percent-owned and
operated project is expected in 2017.
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 the Community
Chevron takes seriously its role in Nigeria and is active in many projects that promote health, economic development and
education.
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In 2012, Chevron partnered with Born Free Africa in an effort to help develop capacity within state ministries of health. The
partnership supports state governments' progress toward achieving concrete targets for the prevention of mother-to-child
transmission (PMTCT) of HIV in Nasarawa, Bayelsa and Rivers states. So far it has helped equip more than 670 health facilities
to provide PMTCT services.
Also in 2012, Chevron announced a partnership with the nongovernmental organization Pact in support of the PROMOT project,
an initiative designed to support PMTCT in Bayelsa state. The project works with community-based organizations and local
governments to provide education and testing services throughout Bayelsa state. Thanks to the work, more than 46,000
pregnant women have been tested for HIV and have received counseling.
Record of Achievement
Chevron began doing business in Nigeria in 1913, when Texaco products were first marketed in the country.
Following the Nigerian Indigenization Decree of 1978, Chevron divested 40 percent of its shareholdings in Chevron Oil Nigeria
PLC to the Nigerian public while retaining 60 percent equity.
In 1996, we built our 103,000-barrel state-of-the-art storage terminal and loading facility in Apapa.
Our energy exploration and production work began more than 50 years ago.
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In 1963, American Overseas Petroleum Ltd.which later became Texaco Overseas (Nigeria) Petroleum Co.discovered oil at
the Koluama Field, offshore Nigeria. In that same year, Chevron Nigeria Limited (CNL) started drilling near the Escravos River
and found the Okan Field.
Discovered in 1998, the Agbami Field is one of the largest deepwater discoveries in Nigeria's history.
Awards
CNL has received several awards and honors:
In 2003, CNL won the U.S. State Department's Award for Corporate Excellence. The company was praised for its work
in Nigeria for, among other things, our airlift of more than 2,000 community members to safety in 2003 during ethnic
conflict in the Niger Delta, the Riverboat Clinic and our HIV/AIDS prevention efforts.
The Nigerian Conservation Foundation honored CNL in 2002 with its Award for Environmental Excellence.
In 2014, the Chartered Institute of Personnel Management of Nigeria presented CNL with its Human Resources Best
Practice Award, in the Overall and Oil and Gas categories.
Chevron was given an Award of Appreciation from the Tertiary Education Trust Fund in recognition of contributions
made to improve the quality of education in Nigeria.
In 2012, CNL was named Best Community Development Company of the Year by the National Association of Energy
Correspondents, a group of journalists covering the energy sector.
For CNL's contributions to the development of Nigeria's accountants, the Institute of Chartered Accountants of Nigeria
gave CNL its Merit Award in the Corporate category.
Economy
Chevron is committed to the Nigerian government's policy on local content development. CNL fosters strong business
partnerships with local service providers and product suppliers and works to increase their professional capabilities. CNL's Local
Community Content Development team promotes commerce with local businesses.
Contact Us
Chevron Nigeria Limited
2 Chevron Drive, Lekki Peninsula
Private Mail Bag 12825
Lagos, Nigeria
Telephone: +23.4.1.277.2222
Updated: May 2015
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2015 Chevron Corporation. All rights reserved.
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2015 Chevron Corporation. All rights reserved.
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