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If you've managed to take the thing apart without messing anything up here is what I suggest. Since the escapement is the most critical part to a watches function and the balance assembly being the very heartbeat, I'd clean it without concern.
The way you seem to be tooled up, I'd loosen the screw holding the spring stud and take the balance assembly off the cock. Using the correct technique, unless you like looking for KIF springs that once airborne never seem to come back to terra firma, remove the cap jewels and peg the hole jewels with that piece of peg wood I saw in your photo. If you have "One Dip" or acetone, dip the balance assembly in it and dry it off on a piece of watch paper. Don't soak it, just dip it.
Put it back together and oil the cock jewel and replace the cap jewel and spring. Done.
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