Chevron Strikes Oil and Gas Offshore Angola in Major Discovery
Chevron has announced a new oil and gas condensate discovery offshore Angola, hitting more than 2,000 feet of hydrocarbons in a Block 0 exploration well that could be tied directly into the company’s existing production infrastructure in the country. The 105-4X well encountered more than 300 feet of net pay in the Pinda reservoir in the Lower Congo Basin, with Chevron describing the reservoir…
Chevron has made a significant oil and gas discovery off the coast of Angola, with a single exploration well reaching more than 2,000 feet of hydrocarbons in a Block 0 exploration well. This new discovery, located in the Pinda reservoir in the Lower Congo Basin, features more than 300 feet of net pay and has been described by Chevron as possessing "excellent" reservoir quality.
However, Chevron has yet to disclose an estimate of the recoverable resources or potential production from the find. Chevron subsidiary Cabinda Gulf Oil Company holds a 39.2% interest in Block 0, with the remaining stakes split among Angola's state-owned Sonangol E&P, TotalEnergies, and Azule Energy. Chevron is now assessing the possibility of connecting the 105-4X well to existing Block 0 facilities, which could significantly reduce both the capital expenditure and the time required to bring the well online.
This discovery follows Chevron's first oil production from the South N’dola Platform in Block 0 in December 2025 and comes swiftly after Sonangol reported strong appraisal results at Katambi-2 in Angola's offshore Block 24.
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