Petroleum Retention Lease - Western Australia

Description

You will need this lease if you have discovered a petroleum in submerged lands that is not currently commercially viable but is likely to be in the future. Petroleum is any naturally occurring hydrocarbon or mixture of hydrocarbons, including oil and gas.

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 an offshore petroleum production licence
  • demonstrate that the recovery of petroleum from the area will be commercial viable within the next 15 years.

Duration

Five years, but may be renewed provided the resource is still not commercial viable.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

Fee information is in the attached fee resource.

Forms

Task Business Structure Resources
Apply All Petroleum and Geothermal Register (Opens in new window)

Act(s) name

Petroleum (Submerged Lands) Act 1982 Western Australia

Regulation(s) name

Petroleum (Submerged Lands) Regulations 1990 Western Australia

Application process

Apply

Forms can be downloaded and submitted online through the Petroleum and Geothermal Register (PGR).

Additional information

If your discovery is deemed to be commercially viable, you will need to convert your retention lease to a production licence.

Administering agency

Department of Mines, Industry Regulation and Safety

Petroleum

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

Petroleum

Department of Mines, Industry Regulation and Safety

Western Australia
Phone: 08 9222 3759
Email: petroleum.titles@dmirs.wa.gov.au
Website: Petroleum (Opens in new window)