Offshore Petroleum Retention Lease - Victoria


You will require a retention lease if you intend to reserve an area for commercial petroleum mining where the mining activity is not currently viable. This lease is granted if the area will become commercially viable in the next fifteen years. This lease allows the holder to explore and recover petroleum. It also allows them to carry out operations and works within the leased area.

Offshore petroleum mining governed by the Victorian State must be within three nautical miles of the coast. Further than this is in Commonwealth waters and all licences are granted by the Commonwealth.

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

Service type


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:

  • hold either an offshore petroleum exploration permit or offshore petroleum production permit
  • show, with adequate support, that the site is likely to be commercial in fifteen years
  • provide evidence of the applicant's technical and financial capacity to construct and operate the proposed facilities
  • provide all required information and documentation to the relevant authority
  • pay the prescribed fees.

Please consult the responsible agency for more information regarding eligibility requirements.


Initial term for five years with renewals for a further five years.


Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

Please consult the responsible agency for information on fees to be submitted with your application.


Task Business Structure Resources
Apply All Application for an Offshore Petroleum Retention Lease - Please contact the responsible agency for application forms and registration details.

Act(s) name

Offshore Petroleum and Greenhouse Gas Storage Act 2010 Victoria

Regulation(s) name

Offshore Petroleum and Greenhouse Gas Storage Regulations 2011 Victoria

Administering agency

Department of Jobs, Precincts and Regions

Earth Resources

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:

Licensing Officer

Earth Resources

Department of Jobs, Precincts and Regions

Operating address: Level 15
1 Spring Street
Melbourne, Victoria 3001
Mailing address: Earth Resources Information Centre
GPO BOX 2392
Melbourne, Victoria 3001
Phone: 13 61 86
Website: Earth Resources (Opens in new window)