On discovery of a resource, a permit holder (permittee) must notify and provide details to the department giving details of the discovery. Hydrocarbons or geothermal energy must be recovered to surface before a location can be declared. Before applying for a Retention Lease or Production Licence, the permittee must nominate the block or blocks that cover the discovery area of the discovery.
A greenhouse gas title holder, or a petroleum or geothermal licensee or lessee may apply for a declaration of storage formation. A declared storage formation is a pre-requisite to applying for a greenhouse gas injection licence or greenhouse gas retention lease.
Where a location is declared over a discovery, the blocks remain under the exploration title, and the permittee may undertake further exploration and/or appraisal activities within the location to determine more accurately the extent of the discovery.
The application period for a petroleum or geothermal energy lease or licence is two years following the declaration of location, unless the Minister approves a further period of two years for an application to be lodged. The application period for a greenhouse gas lease or licence is 12 months after the declaration of a storage formation, unless the Minister approves a further period of six months for an application to be lodged. The application period cannot be extended a second time.
Applications relating to the declaration, variation or revocation of a location or storage formation are dealt with by provisions made under the Petroleum, Geothermal Energy and Greenhouse Gas Storage Act 1967 (PGEGGSA) and the Petroleum and Greenhouse Gas Storage (Submerged Lands) Act 1982 (PGGS(SL)A).
PGEGGSA
- Application for Nomination of Blocks to be Declared as a Location – Petroleum and Geothermal Energy
- Application to Vary the Declaration of Location – Petroleum or Geothermal Energy
- Application to Revoke a Location – Petroleum or Geothermal Energy
- Application for Declaration of Identified Greenhouse Gas Storage Formation
- Application to Vary Application for Declaration of Identified Greenhouse Gas Storage Formation
- Application to Vary Declaration of Identified Greenhouse Gas Storage Formation
PGGS(SL)A
- Application for the Nomination of Blocks to be Declared as a Location
- Application to Vary the Declaration of Petroleum Location
- Application to Revoke a Location - Petroleum
- Application for Declaration of Identified Greenhouse Gas Storage Formation
- Application to Vary Application for Declaration of Identified Greenhouse Gas Storage Formation
- Application to Vary Declaration of Identified Greenhouse Gas Storage Formation