Chevron confirms oil and gas find in Angola's Block 0

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Chevron Advances Its Strategic Exploration Program With Discovery in Angola's Block 0

August 17, 2026 8:00 AM EDT

New discovery demonstrates the potential of Chevron's exploration program in Sub-Saharan Africa

HOUSTON--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) by its subsidiary Cabinda Gulf Oil Company Limited (CABGOC), today confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola. The well, drilled in the prolific Lower Congo Basin, encountered an oil and gas condensate column of more than 600 meters (2,000 feet) in the primary Pinda reservoir, with more than 90 meters (300 feet) of net pay in excellent reservoir quality.

The discovery will be assessed... More