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Offshore Petroleum and Greenhouse Gas Storage Act 2006
159Simplified outline
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#### 159 Simplified outline
The following is a simplified outline of this Part:
• It is an offence to recover petroleum in an offshore area except:
(a) under a petroleum production licence; or
(b) as otherwise authorised or required by or under this Act.
• This Part provides for the grant of petroleum production licences over blocks in an offshore area.
• A petroleum production licence authorises the licensee to carry out petroleum recovery operations in the licence area.
• There are 4 ways in which a petroleum production licence can be granted:
(a) grant of a petroleum production licence as a result of an application made by a petroleum exploration permittee or a petroleum retention lessee;
(b) grant of a petroleum production licence over a surrendered block or a similar block;
(c) grant of a petroleum production licence over an individual block in exchange for another licence that was in force over the same block;
(d) grant of a petroleum production licence as a result of a change to the boundary of the coastal waters of a State or Territory.