CVX · News · 20260817N

Angola Offshore Discovery

CHEVRON CORP · 2026-08-17 · Importance 34 · Surprise 42

Chevron subsidiary Cabinda Gulf Oil Company Limited confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola. The well encountered an oil and gas condensate column exceeding 600 meters in the Lower Congo Basin’s Pinda reservoir, with more than 90 meters of net pay in high-quality rock. Chevron is evaluating a tie-back to existing facilities, supporting its Sub-Saharan Africa exploration strategy and near-field development approach.

Key facts

• Chevron's subsidiary Cabinda Gulf Oil Company Limited (CABGOC) confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola. source
• The 105-4X well encountered an oil and gas condensate column of more than 600 meters (2,000 feet) in the primary Pinda reservoir. source
• The 105-4X well encountered more than 90 meters (300 feet) of net pay in excellent reservoir quality. source