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Chevron Unlocks New Growth Chapter with Angolan Discovery

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CVX
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Chevron's presence in Angola continues to grow as the company deepens its operations in the country. With over 70 years of experience, Chevron has established a strong portfolio in Block 0, including offshore production and gas infrastructure.

The recent discovery of an oil and gas condensate column exceeding 2,000 feet in the 105-4X exploration well is a significant milestone for the company. The well drilled in Angola's Lower Congo Basin has more than 300 feet of net pay in an excellent-quality reservoir.

Chevron plans to assess the discovery for potential tie-back to nearby existing facilities, offering a capital-efficient route to production. This development follows another recent milestone: the South N'dola Platform, also located in Block 0, delivered first oil in December 2025.

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