Onshore Petroleum Assessment Lease - New South Wales

Description

You will require this lease if you intend to hold the exclusive right to prospect for petroleum and to assess any petroleum deposit over a specified area of land in NSW. A lease allows you to maintain a title over a potential area, without having to commit to further exploration. You can however, continue prospecting operations and to recover petroleum in the course of assessing the viability of commercial mining.

This lease may be appropriate either where:

  • a resource has been proven and the feasibility of production has been established but the project is not currently viable, although it has potential to be developed in the foreseeable future
  • there are areas of potential which are natural extensions to existing operations or projects, but it is currently impractical to apply for a production lease.

Please be aware that the area comprised in the lease must be not more than 4 blocks.

Please consult the Contact Officer for more information.

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 lease you must provide:

  • a map or plan of the intended area of land
  • a proposed work program that indicates the nature and extent of operations
  • evidence of your financial standing
  • evidence of your technical qualifications and the technical qualifications of your advisers
  • evidence of your ability to comply with the legislation (for example, a statement of undertaking)
  • all the requested documentation set out in the application form and pay the required fee.

Please be aware that following lodgement of your application, you are required to publish a newspaper advertisement giving notice of the application within 21 days. A petroleum assessment lease will not be granted until satisfactory copies of advertisements are lodged with the Agency.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Up to 6 years.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Licence All $10000.00 For less than 3 years.
Apply Licence All $15000.00 For longer than 3 years
Renew Renewal All $10000.00 For less than 3 years.
Renew Renewal All $15000.00 For longer than 3 years.

Act(s) name

Petroleum (Onshore) Act 1991 New South Wales

Regulation(s) name

Petroleum (Onshore) Regulation 2016 New South Wales

Lodgement process

Apply

Your application must be lodged directly with the Agency and accompanied by any required information. Further details of the application and lodgement process are available from the Agency's website.

Administering agency

Department of Planning, Industry and Environment

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.

Please use these contact details for help or more information:

General Enquiries

Division of Resources and Geoscience

Department of Planning, Industry and Environment

Operating address: 323 Castlereagh Street
Sydney, New South Wales 2000
Mailing address: PO BOX K348
Haymarket, New South Wales 1240
Phone: 02 4063 6500
Phone: 1300 736 122
Email: information@planning.nsw.gov.au
Website: Division of Resources and Geoscience (Opens in new window)