Petroleum and Geothermal Energy Act 2000 Onshore Production Guideline
|Title of licence||Petroleum Production Licence (PPL), Geothermal Production Licence (GPL) or Gas Storage Licence (GSL).|
|Who can apply||An individual, a body corporate (i.e. a company) or an unincorporated association of persons and bodies corporate (i.e. a joint venture involving several persons and/or companies).|
|When application can be made|
Following discovery of economic quantities of a regulated resource within an exploration or retention licence.
|Maximum area||In the case of a petroleum production licence, twice the area of the field concerned, or 100 km2, whichever is the smaller, and in the geothermal production licence or a gas storage licence, the total area of the licence must not exceed 1,000 km2.||s.37|
Application fee(Exempt from GST)
For initial application - $4,254
|Security||Specified in a letter of offer.|
|Term of licence|
Annual fees payable(Exempt from GST)
Petroleum - minimum $3,599 or $661 per km2 whichever is greater*.
Geothermal or gas storage - $3,599 or $157 per km2 whichever is greater*.
|Minimum work commitments||Not applicable|
|Area to be relinquished on each renewal||Not applicable|
Fees for Minister's consent to dealing
(Exempt from GST)
|$2,128 per transaction (document)||s.114|
Fee for inspection of Commercial Register(Exempt from GST)
|Method of application|
An application for a Production Licence:
a) must be addressed to the Minister; and
|Penalty for non-payment of annual rental fees||All fees are payable in advance. Fees not paid by the due date may attract a fine of the greater of either $1,000 or 10% of the outstanding fee. In addition, interest on any outstanding amount will accrue at the rate of 6% per annum.||s.78(2)|
Licence variations(Exempt from GST)
|On application by the licensee, the Minister may at any time during the term of the licence, vary or revoke a condition of the licence or attach new conditions to the licence. Fee $2,128.||s.38(4)|
|Environmental conditions||As set out in the regulations and licence documentation, any special conditions will be outlined in the letter of offer attached to the licence.|
|Surrenders (partial or whole of licence)|
The Act requires the licensee to apply to the Minister for permission to surrender.
Surrender is only permitted if the licensee has fulfilled all the terms and conditions of the licence up to and including the year in which the application to surrender is lodged. Licensees are required to lodge all outstanding data on their licences and carry out the clean-up and rehabilitation of their licence areas (where necessary) as a condition of surrender.
Surrenders are effective from the end of the appropriate year of the term of the licence (unless specified otherwise).
|Required notice for approval to landholders||Not applicable|
Gazettals occur on:
a) grant of lease
|Suspension and cancellation||The Act provides for suspension and/or cancellation for failure to comply with licence conditions.||s.91|
For regulated substance 10% of the value at the wellhead.
Royalty is not payable in respect of:
a) Petroleum returned to the pool, or destroyed or dissipated in accordance with sound petroleum production practices.