Offshore Petroleum Retention Lease - Victoria

Description

You will require a retention lease if you wish 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

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:

  • 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 15 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; and
  • Pay the prescribed fees.

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

Duration

Initial term for 5 years with renewals for a further 5 years.

Fees

Fees Details for this service in table format.

Task Type Amount Description
Apply Application $7500.00

Per block. Fees for 2017-18.

Forms

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

Administering agency

Department of Economic Development, Jobs, Transport and Resources

Energy and Earth Resources

Contact details

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

Licensing Officer

Energy and Earth Resources

Department of Economic Development, Jobs, Transport and Resources

Operating address: Level 15
1 Spring Street
Melbourne, Victoria 3001
Mailing address: Earth Resources Information Centre
GPO BOX 2392
Melbourne, Victoria 3001
Other: 13 61 86
Email: customer.service@ecodev.vic.gov.au
Website: http://www.energyandresources.vic.gov.au/ (Opens in new window)