Chevron's latest quarterly results highlight another Nigerian success, rising Gulf of Mexico output, and a significant expansion in global offshore acreage from Brazil to Suriname.
Chevron’s latest quarterly report details a new Nigerian discovery, strong deepwater performance in the Gulf of Mexico (GoM), new exploration blocks added across multiple basins worldwide, and greenlit projects offshore Australia.
Chevron has confirmed a discovery in the Awodi prospect offshore Nigeria. Recently, the Nigerian National Petroleum Co. (NNPC) congratulated the company on the outcome of its operated Awodi-07 appraisal/exploration well in the shallow offshore western Niger Delta.
Drilling started in late November and concluded in mid-December, with results confirming potentially significant hydrocarbons across multiple reservoir zones, NNPC said.
This fresh discovery represents the third consecutive find for Chevron in Nigeria since late 2024.
