The following is a simplified outline of this Chapter:
• This Chapter provides for the grant of the following titles:
(a) a petroleum exploration permit (see Part 2.2);
(b) a petroleum retention lease (see Part 2.3);
(c) a petroleum production licence (see Part 2.4);
(d) an infrastructure licence (see Part 2.5);
(e) a pipeline licence (see Part 2.6);
(f) a petroleum special prospecting authority (see Part 2.7);
(g) a petroleum access authority (see Part 2.8).
• A petroleum exploration permit authorises the permittee to explore for petroleum in the permit area.
• If a petroleum pool is identified in a petroleum exploration permit area, the Joint Authority may declare a location over the blocks to which the petroleum pool extends.
• After the declaration of a location, the permittee may apply for a petroleum retention lease or a petroleum production licence.
• A petroleum retention lease is granted if the recovery of petroleum is not currently commercially viable, but is likely to become commercially viable within 15 years. The lessee may apply for a petroleum production licence.
• A petroleum production licence authorises the licensee to carry out petroleum recovery operations in the licence area.
• An infrastructure licence authorises the licensee to construct and operate an infrastructure facility in the licence area. An infrastructure facility may relate to petroleum or a greenhouse gas substance.
• A pipeline licence authorises the licensee to construct and operate a pipeline. A pipeline may be used to convey petroleum or a greenhouse gas substance.
• A petroleum special prospecting authority authorises the holder to carry on petroleum exploration operations in the authority area (but not to make a well).
• A petroleum access authority authorises the holder to carry on certain petroleum exploration operations, and certain operations relating to the recovery of petroleum, in the authority area (but not to make a well).
• Part 2.9 provides for the grant of petroleum scientific investigation consents. A petroleum scientific investigation consent authorises the holder to carry on petroleum exploration operations in the course of a scientific investigation.