Indonesia Energy Corp. Ltd. (IEC) plans to drill two wells on Kruh block, Sumatra Island, Indonesia, before yearend, the company said in a release July 23.
The wells, to be drilled back-to-back to help minimize mobilization costs, are part of the company’s continuing ambition to drill a total of 18 new wells at the 63,000-acre Kruh block in the coming years.
A 750-hp drilling rig will be used to drill Kruh-29 at Kruh field to a planned total depth of 3,400 ft and West Kruh-5 in West Kruh field to a planned total depth of 5,200 ft. The latter will be IEC’s first new well drilling activity in West Kruh.
The new drilling will be supported by the previously announced exploratory seismic work which was undertaken by IEC during 2024 and early 2025 that upgraded IEC’s wellsite prospects and drilling locations with a view towards maximizing production, the company said.
Surface locations and subsurface geology for both wells have been approved by SKK Migas and Pertamina, the applicable Indonesian government entities. For Kruh-29, land acquisition, logistics, and tubular material procurement have been completed. For West Kruh-5, tender documents for required third party vendors are being prepared.
Spudding of Kruh-29 is expected in the middle of this year’s fourth quarter, with production anticipated to begin by year end.
IEC's president, Frank Ingriselli, said “government permits and necessary contractors are lining up to provide us with the ability to commence drilling our next well at the Kruh Block before year end and hopefully the drilling of a second well before year end or soon thereafter.”
IEC increased its proved reserves in the block over 60% to about 3.3 million bbl as a result of the additional seismic and other work conducted in 2024 and the 5-year contract extension granted in late 2023 by the Indonesian government (OGJ Online, May 27, 2025).
