business.gov.au

Retention Licence - South Australia

Description

You will need this licence if you intend to secure title over a currently non-commercial petroleum, geothermal or gas storage discovery in the area of your exploration licence for a reasonable period of time until it becomes commercial.

A retention licence will allow you to conduct operations to:

  • establish the nature and extent of a discovery of regulated resources
  • establish the commercial feasibility of production and appropriate production techniques.

There are three categories of licence:

  • petroleum retention licence
  • geothermal retention licence
  • gas storage retention licence.

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, you will need to:

  • have an exploration licence
  • have made a non-commercial resource discovery that may become commercial within a reasonable time.

Duration

5 to 15 years

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $5174.00

Fees for 2023-24
Apply Licence All -

Annual fee is $4376.00 or $526.00 per square kilometre of the total petroleum retention licence area, whichever is greater. Fees for 2023-24
Apply Licence All -

Annual fee is $4376.00 or $190.00 per square kilometre of the total geothermal retention licence area, whichever is greater. Fees for 2023-24

Forms

Other resources

Task Business Structure Resources
Comply All Regulated Fees - Retention Licence (Opens in new window)

Lodgement process

Apply

Please lodge your completed application with:

  • a description of the area or route to which the application relates
  • a map indicating the area or route to which the application relates and information on the size of the area
  • a financial statement
  • a statement of your technical qualifications and experience
  • if the application is being made by more than one person, information on the interest that each person will have in the licence.

Administering agency

Department for Energy and Mining

Energy Resources Division

Contact details

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