sec.23Petroleum lease—surrender report

sec.23 Petroleum lease—surrender report

For the 2004 Act , section 576 (2) , the following information is prescribed for a surrender report for a petroleum lease— the hazard information for the report; spatial information showing the location in the surrendered area of— each petroleum well and bore drilled under the lease; and each seismic line used for a seismic survey carried out under the lease; structure contour spatial information showing the seismic horizons (seismic reflectors) in the surrendered area; spatial information showing the leads and prospects in the surrendered area; the reason the holder has applied to surrender the part of the area of the lease; any other data or information for the report required under the practice direction. s 23 amd 2020 SL No. 208 s 9

• (a) the hazard information for the report;
• (b) spatial information showing the location in the surrendered area of— (i) each petroleum well and bore drilled under the lease; and (ii) each seismic line used for a seismic survey carried out under the lease;
• (i) each petroleum well and bore drilled under the lease; and
• (ii) each seismic line used for a seismic survey carried out under the lease;
• (c) structure contour spatial information showing the seismic horizons (seismic reflectors) in the surrendered area;
• (d) spatial information showing the leads and prospects in the surrendered area;
• (e) the reason the holder has applied to surrender the part of the area of the lease;
• (f) any other data or information for the report required under the practice direction.
• (i) each petroleum well and bore drilled under the lease; and
• (ii) each seismic line used for a seismic survey carried out under the lease;