Victorian Current Acts Victorian Current Acts(1) A greenhouse gas assessment permit authorises the permittee, in accordance with the conditions (if any) to which the permit is subject—
(a) to explore in the permit area for a potential greenhouse gas storage formation; and
(b) to explore in the permit area for a potential greenhouse gas injection site; and
S. 286(1)(c) substituted by No. 68/2014 s. 66.
(c) to inject, on an appraisal basis, a greenhouse gas substance into a part of a geological formation, so long as—
(i) the relevant well is situated in the permit area; or
(ii) the relevant well is situated adjacent to the permit area and the greenhouse gas substance is injected in accordance with a special drilling authorisation granted under Part 8A of the Greenhouse Gas Geological Sequestration Act 2008 ; and
S. 286(1)(d) substituted by No. 68/2014 s. 66.
(d) to store, on an appraisal basis, a greenhouse gas substance into a part of a geological formation, so long as—
(i) the injection of the stored greenhouse gas substance takes place at a well that is situated in the permit area; or
(ii) the injection of the stored greenhouse gas substance takes place at a well that is situated adjacent to the permit area and in accordance with a special drilling authorisation granted under Part 8A of the Greenhouse Gas Geological Sequestration Act 2008 ; and
(e) to inject, on an appraisal basis—
(i) air; or
(ii) petroleum; or
(iii) water—
into a part of a geological formation for purposes in connection with the exploration authorised by paragraph (a) or (b), so long as the relevant well is situated in the permit area; and
(f) to store, on an appraisal basis—
(i) air; or
(ii) petroleum; or
(iii) water—
in a part of a geological formation for purposes in connection with the exploration authorised by paragraph (a) or (b), so long as the injection of the stored air, petroleum or water takes place at a well situated in the permit area; and
(g) with the written consent of the Minister, to recover petroleum in the permit area for the sole purpose of appraising a discovery of petroleum that was made as an incidental consequence of—
(i) the exploration authorised by paragraph (a) or (b); or
(ii) the injection authorised by paragraph (c) or (e); and
(h) to carry on such operations, and execute such works, in the permit area as are necessary for those purposes.
(2) The rights conferred on the permittee by subsection (1) are subject to this Act and the regulations.
(3) If petroleum is recovered by the permittee in the permit area as authorised by subsection (1)(g), the petroleum does not become the property of the permittee.
(4) A greenhouse gas assessment permit does not authorise the permittee to make a well outside the permit area.