CVX · News · 20260818N

Angola Offshore Discovery

CHEVRON CORP · 2026-08-18 · Importance 31 · Surprise 42

Chevron and its partners discovered oil and gas condensate at the 105-4X exploration well in Block 0 offshore Angola. The discovery encountered a hydrocarbon column exceeding 600 meters, including more than 90 meters of high-quality reservoir rock. Chevron will evaluate a potential tieback development using existing infrastructure, which could lower development costs and support its Sub-Saharan Africa resource strategy. The company also plans further exploration and a multi-well drilling campaign in the region.

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