Pertamina Geothermal begins drilling second well for 55-MW Lumut Balai Unit 3 project

Bitget2026/09/25 06:30

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Pertamina Geothermal Energy started drilling its second well, LMB-19.4, for the 55-MW Lumut Balai Unit 3 geothermal project.
The well is targeted for completion within 40 days, supporting a project scheduled to reach full operations in 2030.
Work follows a first exploration well spud-in in July 2026, using rig GDAP#123 to a depth of 2,500 meters.
The South Sumatra development supports the group’s installed-capacity targets of 1 GW by 2028, rising to 1.8 GW by 2034.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Pertamina Geothermal Energy Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32151071) on September 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Pertamina Geothermal begins drilling second well for 55-MW Lumut Balai Unit 3 project

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