36Simplified outline of this Part

36  Simplified outline of this Part

This Part deals with field development plans and rates of recovery of petroleum.

A petroleum production licensee must not recover petroleum from a field without an accepted field development plan for the field (subject to some exceptions). The titleholder must also undertake activities in accordance with an accepted field development plan.

This Part sets out the following matters in relation to field development plans:

 (a) how a petroleum production licensee or an applicant for a petroleum production licence may apply to the Joint Authority for acceptance of a plan;

 (b) how the Joint Authority is to decide whether to accept a plan;

 (c) the matters that must be included in a plan;

 (d) when a plan must be varied by a petroleum production licensee;

 (e) when the Joint Authority may withdraw its acceptance of a plan.

A petroleum production licensee must not recover petroleum without a recovery rate approval from the Joint Authority.

This Part sets out the following matters in relation to recovery rate approvals:

 (a) how a petroleum production licensee may apply to the Titles Administrator for a recovery rate approval from the Joint Authority;

 (b) what matters must be included in an application for a recovery rate approval;

 (c) how the Joint Authority is to decide to grant a recovery rate approval;

 (d) when the Joint Authority may withdraw a recovery rate approval;

 (e) how a licensee may apply for permission from the Titles Administrator to recover petroleum at a non‑approved rate of recovery.

A petroleum production licensee must give the Titles Administrator notice of significant events that occur in, or in relation to, the licence area.