Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025
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Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025
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45 Contents of field development plan
(1) For the purposes of paragraph 44(a), the following information must be included in a field development plan or a varied field development plan:
(a) a description of the field that is covered by the plan;
(b) evidence and data showing that the field contains petroleum, including details of the structure, extent and location of discovered petroleum pools;
(c) estimates of the volume of petroleum in place and recoverable petroleum, including technical and economic data supporting the estimates;
(i) the possible petroleum pools in the field; and
(ii) the FDP applicant’s proposals (if any) to explore for petroleum pools outside the field, and how any petroleum pools of commercial quantity may be developed;
(e) a description of:
(i) an appropriate strategy for the development of the field, management of the petroleum pools in the field and the optimum long‑term recovery of petroleum from the petroleum pools; and
(ii) any proposed alternative development scenarios;
(f) a description of how the FDP applicant intends to extract the petroleum over time, including the following:
(i) the estimated positions of wells;
(ii) the potential timing of workovers;
(iii) possible tie‑ins;
(g) the project schedule, including:
(i) an estimated development timetable of production facilities such as wells, platforms and petroleum pipelines; and
(ii) key project milestones; and
(iii) the date on which the FDP applicant estimates that recovery of petroleum from the field will cease;
(h) annual cash flow and capital expenditure forecasts associated with the development of the field for:
(i) the 12‑month period beginning on the day the plan is submitted; and
(ii) each subsequent 12‑month period during which operations are expected to be undertaken in, or in relation to, the field (including operations relating to decommissioning);
(i) details of the FDP applicant’s operations or proposals for:
(i) the enhanced recovery or recycling of petroleum; and
(ii) the processing, storage or disposal of petroleum; and
(iii) the injection of petroleum or water into an underground formation;
(j) a description of the arrangements for:
(i) monitoring, recording in writing and reporting on the FDP applicant’s conduct of pool management; and
(ii) keeping records and other documents about the FDP applicant’s conduct of pool management;
(k) details of:
(i) the surface connections and equipment that will be used by the FDP applicant; and
(ii) any production by a well that is from more than one petroleum pool; and
(iii) any production from a petroleum pool that is through more than one well;
(l) a description of any arrangements for the transport, injection and storage of any greenhouse gas substances obtained from third parties or other external sources;
(m) a description of the arrangements for the maintenance of an accurate quantitative record of events, measurements and actions to which the plan relates.
(2) A field development plan may include any other information that the FDP applicant believes is relevant.