Offshore Production Licence for Petroleum - NSW - Australian Business Licence and Information Service

Description

You will require this licence if you are an individual or corporation that intends to undertake operations for the recovery of petroleum over a specific piece of land in New South Wales. This licence applies to activities within three nautical miles from the NSW coast.

This licence allows you to:

recover petroleum in the licence area
explore for petroleum in the licence area
carry on such operations and execute such works in the licence area as are necessary for those purposes.

Please be aware that your licence may be subject to conditions set by the Agency.

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 licence, you must:

provide details of proposed work, including work program, methods and area of exploration, qualification details of yourself and all technical advisers to be employed, estimated costs
provide details of available finances to prove sufficient funds to carry out production, including your latest annual report or audited accounts. If finance is provided by another company, you must provide letter of guarantee for finances.

Prerequisites

Might Need

Offshore Petroleum Exploration Permit

Offshore Retention Lease for Petroleum

Duration

Licence is granted for a period of 21 years.

Expiry

End of 21 year period (renewal must be lodged 6 months before this date).

Fees

Task	Type	Business Structure	Amount	Description
Apply	Application	All	$3000.00	Fees for 2022-23
Apply	Licence	All	$18000.00	For each block to which the lease relates. Fees for 2022-23
Apply	Renewal	All	$1200.00	Fees for 2022-23
Apply	Variation	All	$600.00	Fees for 2022-23

Forms

Task	Business Structure	Resources
Apply	All	Application for Offshore Production Licence for Petroleum - Please consult the Contact Officer for information on forms to be submitted.

Act(s) name

Petroleum (Offshore) Act 1982 New South Wales

Regulation(s) name

Petroleum (Offshore) Regulation 2016 New South Wales

Application process

Renew

Renewals must be lodged 6 months before the expiry of the licence.

Administering agency

Department of Regional NSW

Division of Resources and Geoscience

Contact details

**Please use these contact details for help or more information:**

General Enquiries

Division of Resources and Geoscience

Department of Regional NSW
New South Wales
Operating address:	516 High Street Maitland, New South Wales 2320
Mailing address:	PO BOX K348 Haymarket, New South Wales 1240
Phone:	02 4063 6500
Phone:	1300 736 122
Website:	Division of Resources and Geoscience (Opens in new window)

Offshore Production Licence for Petroleum - New South Wales