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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE REGULATIONS 2021 - REG 201

Information to be provided in annual title assessment report—greenhouse gas assessment permit

    (1)     For the purposes of regulation 195, the required information from a greenhouse gas assessment permittee is—

        (a)     a description of work and expenditure commitments as detailed in the permit; and

        (b)     in relation to all work, evaluations and studies carried out in relation to the permit—

              (i)     the total expenditure of the work, evaluation and studies; and

              (ii)     the results of the work, evaluation and studies, including details about any leads and prospects discovered; and

        (c)     a list of the reports submitted to the Minister in accordance with this Chapter during the year; and

        (d)     in relation to the work, evaluations and studies expected to be carried out in relation to the permit during the next year of the permit—

              (i)     a description of work commitments and expenditure estimates; and

              (ii)     a description of the measures taken by the permittee to prepare for the work mentioned in subparagraph (i); and

        (e)     any other information that is required to be included in the annual title assessment report by a condition of the permit.

    (2)     An annual title assessment report may include any other information that the permittee believes is relevant to the greenhouse gas assessment permit.



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