Indonesia Energy Corporation Reports Progress on Drilling of K-29 Well
Indonesia Energy Corporation reported that its K-29 well has reached a depth of more than 2,500 feet and remains on schedule since being spudded on July 25. The company plans to conduct coring at approximately 3,000 feet to determine the optimal stimulation method before reaching the planned total depth of 3,400 feet.
Key figures
- Current depth
- more than 2,500 feet
- Target zone depth
- approximately 3,000 feet
- Kruh block acreage
- 63000
- Planned total depth
- approximately 3,400 feet
- Citarum block acreage
- 195000
AI analysis
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