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On Thursday Chevron announced the discovery of the Tombua field, its seventh significant oil find in Angola’s prolific deepwater Block 14, agencies reported. The discovery will be followed by geological and engineering studies to appraise the field and assess its potential reserves. “Angola’s deep water continues to be an attractive asset for Chevron and its partners,” said Peter Robertson, president of Chevron Overseas Petroleum Inc. “We have set aggressive production growth targets for West Africa and we are very encouraged by this latest discovery.”
The Tombua discovery, which lies approximately 31 km south of the Kuito field, is the latest in a string of exploration successes in Block 14. Tombua follows six earlier discoveries in the highly prospective exploration block including: Kuito (1997), Landana, Benguela and Belize (1998), and most recently Tomboco and Lobito, discovered in 2000. The Kuito field was Angola’s first deepwater discovery and the first and only deepwater field to be brought into production.
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