Commonwealth Consolidated Regulations

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (RESOURCE MANAGEMENT AND ADMINISTRATION) REGULATIONS 2011 - REG 9.18

  (1)   A greenhouse gas titleholder commits an offence if the titleholder:

  (a)   undertakes a geophysical or geological survey in a title area; and

  (b)   does not give the Titles Administrator a survey interpretation report and interpretative survey data within:

  (i)   for a seismic survey--18   months after the day that the acquisition of the data is completed; or

  (ii)   for any other type of survey--12 months after the day that the acquisition of the data is completed; or

  (iii)   if the Titles Administrator authorises the titleholder to give the report within another period--the other period.

Penalty:   50 penalty units.

  (2)   In this regulation:

"interpretative survey data" means each type of data mentioned in an item in Schedule   5:

  (a)   presented on a medium and in a format specified in the item; or

  (b)   presented on another medium or in another format that the Titles Administrator has authorised the greenhouse gas titleholder to use.

"survey interpretation report" means a report that includes the following information:

  (a)   the name of the survey;

  (b)   the title under which the survey was conducted;

  (c)   the name of the titleholder;

  (d)   a description of the objectives of the interpretation;

  (e)   for a seismic survey:

  (i)   a list of the surfaces interpreted; and

  (ii)   a justification of the surfaces interpreted, including synthetic seismograms if available; and

  (iii)   the velocity field used to convert time to depth (including ASCII data) and the basis for the velocity field; and

  (iv)   if available, time slices to describe the environment of deposition;

  (f)   a bathymetric map of the survey area;

  (g)   an index of the maps created during the interpretation.