Petroleum, Geothermal Energy and Greenhouse Gas Storage Act 1967
Div 3Production licences and GHG injection licences
Start here
Get a plain-English read of Div 3
Turn the raw legal text into a practical explanation grounded in Petroleum, Geothermal Energy and Greenhouse Gas Storage Act 1967.
Division 3 — Production licences and GHG injection licences
49.Recovery of petroleum, regulated substances or geothermal energy resources in State153
49A.GHG injection operations in State154
50.Application by petroleum or geothermal permittee or holder of petroleum or geothermal drilling reservation for petroleum production licence or geothermal production licence154
50AA.Application by GHG permittee or holder of GHG drilling reservation for GHG injection licence157
50A.Application by lessee for licence158
50B.Application by petroleum or geothermal licensee for GHG injection licence160
51.Requirements for application for licence under s. 50, 50AA, 50A or 50B161
52.Determination of rate of royalty162
53.Notification as to grant of licence163
54.Grant of licence165
54AA.Certain discoveries in licence area to be notified167
54A.Application of s. 51 to 54 if permit, drilling reservation, lease or licence transferred167
55.Variation of petroleum licence area168
56.Determination of petroleum exploration permit, petroleum drilling reservation or petroleum retention lease169
57.Application for licence in respect of surrendered etc. blocks172
58.Application fee etc. for s. 57 applications175
59.Request by applicant for grant of petroleum production licence or geothermal production licence176
60.Grant of licence on request178
61.Petroleum production licence or geothermal production licence for 2 or more blocks may be divided into 2 or more licences179
61A.Grant of petroleum production licence as result of change to boundary of offshore area181
62.Rights conferred by licence183
62A.Geothermal energy recovery development plans187
62B.Variation of approved development plans188
63.Term of licence189
64A.Termination of licence if no operations for 5 years190
64.Application for renewal of licence191
65.Grant or refusal of renewal of licence192
66.Conditions of licence196
67.Storage of petroleum underground197
68.Directions as to recovery of petroleum or regulated substance198
69.Unit development199