(WO) — Chevron has made an oil and fuel condensate discovery in Block 0 offshore Angola, encountering greater than 300 ft of web pay as the corporate continues to increase its exploration program throughout Sub-Saharan Africa.
Kevin McLachlan, VP of Exploration at Chevron
The 105-4X exploration properly, drilled within the Decrease Congo basin, encountered an oil and fuel condensate column exceeding 2,000 ft within the main Pinda reservoir, together with greater than 300 ft of web pay in what Chevron described as excellent-quality reservoir rock.
Chevron stated it’ll assess the invention for potential improvement as a tie-back to close by present infrastructure, offering a probably capital-efficient path to manufacturing.
“This discovery is one other essential milestone for Chevron’s over 70-year historical past in Angola,” stated Kevin McLachlan, Chevron Vice President of Exploration. “By combining high-impact exploration with infrastructure-led alternatives near present services, we’re rising our useful resource base, creating worth, and demonstrating that our technique is delivering, in addition to our continued confidence in Angola’s useful resource potential.”
Chevron subsidiary Cabinda Gulf Oil Firm Ltd. (CABGOC) operates Block 0 with a 39.2% working curiosity. Sonangol E&P holds 41%, TotalEnergies 10% and Azule Power 9.8%.
The invention provides to Chevron’s broader exploration push throughout Sub-Saharan Africa, the place the corporate at present produces roughly 300,000 boed web.
In Nigeria, Chevron has added offshore acreage by way of farm-ins to PPL2000 and PPL2001 and the award of deepwater block PPL2010. The corporate has additionally recorded three near-field exploration successes within the nation since late 2024 — Meji NW-1, South Delta AA and Awodi-07—and is continuous exploration and appraisal exercise.
Chevron has additionally expanded its place in Guinea-Bissau and Equatorial Guinea whereas pursuing further exploration offshore Angola, together with in Blocks 49 and 50, Block 33 and Block 14/23.
The corporate is getting ready a multi-well exploration marketing campaign throughout the area, together with plans to drill the Nabba-1X exploration properly on PEL90 offshore Namibia earlier than the tip of 2026.
