Indonesia Energy management commentary says H1 2026 revenue rises 66.38% on higher Kruh Block output and $86.09/bbl crude price
INDO•Indonesia Energy reported H1 2026 revenue of $1.78 million, up 66.38%, as production rose 23.64% to 24,869 barrels and the average Indonesian Crude Price climbed 26.77% to $86.09 per barrel.
1. Revenue and production
Indonesia Energy management commentary reported H1 2026 revenue of $1.78 million, up 66.38%, as oil production increased 23.64% to 24,869 barrels following stimulation work on the K-26 well. Average production cost fell to $40.64 per barrel from $49.46, while net loss narrowed to $1.88 million from $2.82 million.
