Commonwealth Consolidated Regulations

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (RESOURCE MANAGEMENT AND ADMINISTRATION) REGULATIONS 2011 - REG 2.02

Requirement to provide information with notification of discovery of petroleum

                   A petroleum titleholder must provide the following information when notifying the Titles Administrator:

                     (a)   the title in which the discovery was made;

                     (b)  the name of the well through which the discovery was made;

                     (c)  the blocks in which the discovery is situated;

                     (d)  if the rate or quantity of production of petroleum and water from the discovery well has been determined--the rate or quantity;

                     (e)  the physical and chemical properties of the petroleum from the discovery well that have been determined;

                      (f)  if the physical properties of the pool from which the petroleum is recovered have been determined--the properties;

                     (g)  each preliminary estimate of the quantities of petroleum in place that has been made.



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