Offshore Retention Lease for Petroleum - New South Wales


If you hold an exploration permit for petroleum you can apply for a lease to undertake commercial petroleum mining on specified blocks. This lease applies to activities within three nautical miles from the NSW coast.

This lease allows you to explore and recover petroleum, and to carry out operations and works within the leased area. This lease is granted if the recovery of petroleum is not currently commercially viable, but is likely to become commercially viable within 15 years.

Please be aware that a lease may be granted subject to conditions. Types of conditions include conditions with respect to work carried out in the specified area, or the amounts expended.

Service type


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

Eligibility requirements

Please contact the agency to identify any eligibility requirements.



As specified


Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $1200.00

Fees for 2023-24

Apply Licence All $6000.00

For each block to which the licence relates. Fees for 2023-24

Renew Renewal All $1200.00

Fees for 2023-24

Transfer Transfer All -

Transfer fees:

  • generally - $600.00
  • for related corporations - $3000.00.

Fees for 2023-24


Act(s) name

Petroleum (Offshore) Act 1982 New South Wales

Regulation(s) name

Petroleum (Offshore) Regulation 2016 New South Wales

Administering agency

Department of Regional NSW

Division of Resources and Geoscience

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.