Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025
64Application for short‑term permission to recover petroleum at non‑approved rate
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64 Application for short‑term permission to recover petroleum at non‑approved rate
(1) This section applies if the Joint Authority has approved a petroleum production licensee’s application for a recovery rate approval under section 60.
(2) The petroleum production licensee may apply, in writing, to the Titles Administrator for permission to recover petroleum from the petroleum pool or pools at a different rate, or a different range of rates, (the different rate) to the rate or rates in the recovery rate approval.
(3) The application must include the following information for each petroleum pool covered by the application:
(a) an explanation of why it is necessary for the licensee to recover the petroleum at the different rate;
(b) the period for which permission is sought (which must be no more than 6 months);
(c) details of any proposed extended production test;
(d) the effect that recovery at the different rate will have on:
(i) the optimum long‑term recovery of petroleum from the pool; and
(ii) each well that is producing from the pool;
(e) details of any proposed flaring of any produced hydrocarbons;
(f) any other information that the licensee considers is relevant to the application.