Indonesia Energy launches two new drilling operations on Kruh oil block before end of 2025

Indonesia Energy plans to drill two new wells on the Kruh block in Indonesia before the end of 2025, following a 60% increase in proven reserves thanks to recent seismic campaigns.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

Indonesia Energy Corporation, a company specialised in hydrocarbon exploration and production in Indonesia, has confirmed the launch of two new drilling operations on its Kruh oil block by the end of 2025. These operations are part of a broader plan to drill a total of 18 wells on this 63,000-acre block, located on the island of Sumatra.

Structural investments and government authorisations

The consecutive drilling strategy announced by Indonesia Energy Corporation is based on the results of seismic studies conducted between 2024 and early 2025. These studies made it possible to accurately map drilling locations and optimise production potential. The two wells to be drilled, named “Kruh-29” and “West Kruh-5”, will use a 750-horsepower drilling rig, which is currently undergoing final technical inspection.

The Kruh-29 well, whose surface site and subsurface geology have been approved by Indonesian authorities SKK Migas (Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi) and Pertamina, will reach a total depth of 3,400 feet. Logistical preparations and land acquisition for this first well have been completed, while tender documents for West Kruh-5 service providers, planned at 5,200 feet, are currently being prepared.

Objective: increasing reserves and production at Kruh

Production from the Kruh-29 well is expected by year-end, followed shortly after by the West Kruh-5 well. This represents the company’s first new drilling activity in the western section of the Kruh block. The 3D seismic work conducted in recent months has already allowed Indonesia Energy Corporation to announce a 60% increase in proven reserves on the Kruh block, according to the latest annual report published in April.

Company officials stated that the finalisation of government permits and the mobilisation of service providers are on track to enable work to proceed within the announced schedule. The stated goal is to capitalise on the new seismic mapping to maximise site production and strengthen the value of the asset portfolio.

Progressive deployment of the Kruh development plan

The drilling plan for the Kruh block includes eighteen wells, with the next two forming the first major operational phase since the confirmation of a significant increase in reserves. The West Kruh-5 well also marks an extension of drilling activity into a new area of the block, expanding the company’s operational presence in this region of Indonesia.

The management of Indonesia Energy Corporation has indicated that if the results of these two wells meet expectations, a significant increase in reserves is anticipated. This development comes as the company continues its investment strategy to maximise the profitability of the Kruh block and support the growth of its operations.

Afreximbank leads a syndicated financing for the Dangote refinery, including $1.35 billion of its own contribution, to ease debt and stabilise operations at the Nigerian oil complex.
The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.
ConocoPhillips targets $5 bn in asset disposals by 2026 and announces new financial adjustments as production rises but profit declines in the second quarter of 2025.
Pakistan Refinery Limited is preparing to import Bonny Light crude oil from Nigeria for the first time, reflecting the expansion of Asian refiners’ commercial partnerships amid rising regional costs.
Frontera Energy Corporation confirms the divestment of its interest in the Perico and Espejo oil blocks in Ecuador, signalling a strategic refocus on its operations in Colombia.
Gran Tierra Energy confirms a major asset acquisition in Ecuador’s Oriente Basin for USD15.55mn, aiming to expand its exploration and production activities across the Andean region.
The Mexican government unveils an ambitious public support strategy for Petróleos Mexicanos, targeting 1.8 million barrels per day, infrastructure modernisation, and settlement of supplier debt amounting to $12.8 billion.
KazMunayGas has completed its first delivery of 85,000 tonnes of crude oil to Hungary, using maritime transport through the Croatian port of Omisalj as part of a broader export strategy to the European Union.
Tullow marks a strategic milestone in 2025 with the sale of its subsidiaries in Gabon and Kenya, the extension of its Ghanaian licences, and the optimisation of its financial structure.
Saudi giant accelerates transformation with $500 million capex reduction and European asset closures while maintaining strategic projects in Asia.
Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.
Diamondback Energy posted a $699mn net income for the second quarter of 2025 and accelerated its share repurchase programme, supported by record production and an upward revision of its annual guidance.
Swiss group Transocean reported a net loss of $938mn for the second quarter 2025, impacted by asset impairments, while revenue rose to $988mn thanks to improved rig utilisation.
The rapid commissioning of bp’s Argos Southwest extension in the Gulf of America strengthens maintenance capabilities and optimises offshore oil production performance.
Eight OPEC+ countries boost output by 547,000 barrels per day in September, completing their increase program twelve months early as Chinese demand plateaus.
New Delhi calls US sanctions unjustified and denounces double standard as Trump threatens to substantially increase tariffs.
BP posts a net profit of $1.63 bn in the second quarter 2025, driven by operational performance, an operating cash flow of $6.3 bn and a new $750 mn share buyback programme.
The Saudi oil giant posts solid results despite falling oil prices. The company pays $21.3 billion in dividends and advances its strategic projects.
Dangote Group appoints David Bird, former Shell executive, as head of its Refining and Petrochemicals division to accelerate regional growth and open up equity to Nigerian investors.
Faced with falling discounts on Russian oil, Indian Oil Corp is purchasing large volumes from the United States, Canada and Abu Dhabi for September, shifting its usual sourcing strategy.
Consent Preferences