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See the full story · 2 sourcesAIPROPX ReportOilPrice · 10h ago
Chevron Strikes Oil and Gas Offshore Angola in Major Discovery
Chevron has announced a new oil and gas condensate discovery offshore Angola, hitting more than 2,000 feet of hydrocarbons in a Block 0 exploration well that could be tied directly into the company’s existing production infrastructure in the country. The 105-4X well encountered more than 300 feet of net pay in the Pinda reservoir in the Lower Congo Basin, with Chevron describing the reservoir quality as “excellent” in a press release. The company has not yet disclosed an estimate of recoverable resources or potential production.…