Chevron's Angolan subsidiary Cabinda Gulf Oil Company (CABGOC) confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola, the company said on 17 August 2026.
The well, drilled in the Lower Congo Basin, struck an oil and gas condensate column of more than 600 meters in the primary Pinda reservoir, with more than 90 meters of net pay in high-quality reservoir rock. Chevron said it will assess the discovery for potential development as a tie-back, connecting the well to existing production facilities nearby rather than building new ones.
CABGOC operates Block 0 with a 39.2% working interest. Sonangol E&P holds 41%, TotalEnergies holds 10% and Azule Energy holds 9.8%.
Part of a broader push
The find builds on Chevron's wider exploration program in Sub-Saharan Africa, where the company produces around 300,000 barrels of oil equivalent a day net. Over the past year, Chevron has added exploration acreage across the region, including two offshore blocks in Nigeria and additional blocks in Guinea-Bissau and Equatorial Guinea. In Angola, it is also pursuing exploration in Blocks 49 and 50, Block 33 and Block 14/23.
