Petroleum Exploration Permit - Victoria

Service summary

You will require this permit if you intend to explore for petroleum. The permit provides exclusive rights, and renewal rights, to explore for petroleum in a defined area. This area may not exceed 12 500 square kilometres in size.

Please consult the responsible agency for more information and to ascertain the level of compliance (if any) that may be required.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this permit, you must:

  • Make an application for areas notified;
  • Ensure application is accompanied with details on the proposed exploration work programs;
  • Provide details of estimated expenditure (such as seismic surveys, exploration wells), technical expertise of the applicant and the adequacy of its financial resources to meet work obligations in the permit; and
  • Pay the prescribed fee.

Please note that a tenement may be required.

Ongoing requirements

It is an ongoing requirement of this permit that you abide by any conditions or obligations issued by the Agency, such as approval of project, operational and environmental plans and Safety Management Systems. You must submit:

  • Six-monthly reports, within 30 days after the end of half-yearly period; and
  • Annual reports, within 30 days after each anniversary date.

All tenements issued under the Act can be varied and transferred to another party with the approval of the Minister. With the approval of the Minister, dealings (agreements assigning interests to other parties and creating agreements) are also registered against tenements.

The Minister must be notified immediately prior to the discovery of petroleum.

Duration

Expires 5 years after the day on which it was registered. It can be renewed once for another 5 years with a reduction of size of at least 50 percent.

Fees

 TypeAmountDescription
ApplyApplication$7,500.00

Fees for 2016-17.

Licence$7,500.00

Fees for 2016-17.

RenewRenewal$7,500.00

Fees for 2016-17.

VaryVariation$7,500.00

Fees for 2016-17.

TransferTransfer$7,500.00

Fees for 2016-17.

Forms

 Resources
Apply

Application for a Petroleum Exploration Permit - Please contact the responsible agency for application forms and registration details.

Application

Apply

Two copies of the application must be submitted to the relevant authority.


Administering agency

Department of Economic Development, Jobs, Transport and Resources
Energy and Earth Resources

Act(s) name

Petroleum Act 1998 (Victoria)

Regulation(s) name

Petroleum Regulations 2011 (Victoria)

Contact details

Department of Economic Development, Jobs, Transport and Resources
Energy and Earth Resources


Operating address:
Level 15
1 Spring Street
Melbourne, Victoria 3001
Mailing address:
Earth Resources Information Centre
GPO BOX 2392
Melbourne, Victoria 3001

Other:

13 61 86
customer.service@ecodev.vic.gov.au

Website:

http://www.energyandresources.vic.gov.au/ Opens in a new browser window

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

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