203Definitions

203 Definitions

field, in relation to a field development plan, means an area within the licence area that is subject to the plan;

licence area, in relation to an applicant for a petroleum production licence, means the area constituted by the block or blocks that will be the subject of the petroleum production licence if the licence is granted;

major change, in relation to the recovery of petroleum from a field, includes the following—

(a) the petroleum production licensee changes the development strategy or management strategy of a field or a petroleum pool;

(b) the petroleum production licensee changes the plan for the development of additional pools in the field;

(c) the petroleum production licensee ceases production, permanently or for the long term, before the date proposed in the field development plan;

(d) the petroleum production licensee introduces new methods for the petroleum recovery, such as enhanced recovery and injection of fluids;

significant event includes the following—

(a) a change in the understanding of the characteristics of the geology or reservoir that may have a significant impact on the optimum recovery of petroleum;

(b) a new or increased risk to the recovery of petroleum within the licence area;

(c) a new or increased risk to the recovery of petroleum outside the licence area caused by the development of pools in the licence area;

(d) a new or increased risk of activities in the licence area causing effects outside the licence area (for example aquifer depletion caused by hydrocarbon extraction);

(e) change to the proposed option for development of pools in the licence area, including any tie-in opportunity with nearby licence areas.

Division 2—Field development plan requirements for petroleum production licensees