petroleum act amendment

petroleum act amendment

(3)Section 50A(2) is amended after “subsection (1)” by inserting — (4)Section 50A(3) is amended after “Where a” by inserting — Section 53(2)(b) is amended before “specify” by inserting — in respect of an application for the grant of a petroleum production licence — Section 54(2) is amended by deleting “production licence for petroleum” and inserting instead — petroleum production licence or geothermal production licence, as the case requires,(a)in paragraph (a) before “licence” by inserting — (b)in paragraph (b) by deleting “permit, drilling reservation or” and inserting instead — petroleum exploration permit, petroleum drilling reservation or petroleum retention(c)in paragraph (ba) by deleting “, or to blocks which are,”;(d)in paragraph (ba) by deleting “permit, drilling reservation, lease or” and inserting instead — petroleum exploration permit, petroleum drilling reservation, petroleum retention lease or petroleum production(f)in paragraph (c) after “grant of a” by inserting — (2)After section 57(1) the following subsection is inserted — (a)a geothermal production licence is surrendered or cancelled as to a block; or(b)a geothermal exploration permit, geothermal drilling reservation or geothermal retention lease is surrendered, cancelled or determined as to a block — (i)that, at the time of the surrender, cancellation or determination, was, or was included in, a location; and(ii)in which, in the opinion of the Minister, there are geothermal energy resources;(c)a geothermal resources area from which geothermal energy has been recovered is within or extends to a block which is not the subject of a geothermal exploration permit, geothermal drilling reservation, geothermal retention lease or geothermal production licence,(d)invite applications for the grant of a geothermal production licence in respect of that block; and(e)specify a period within which applications may be made. (a)in paragraph (a) after “holds a” by inserting — (b)in paragraph (b) after “another” by inserting — (4)After section 105(6b) the following subsection is inserted — (a)a person holds a geothermal special prospecting authority in respect of a block; and(b)another geothermal special prospecting authority is granted to another person in respect of the block,the Minister shall, by notice in writing served on each of those persons, inform each of them of — (c)the geothermal energy resources exploration operations authorised by the special prospecting authority granted to the other person; and(d)the conditions to which the special prospecting authority granted to the other person is subject. (3)Section 46(2) is amended by deleting “permit area or” and inserting instead — (4)After section 46(2) the following subsection is inserted — (2a)If 2 or more geothermal resources areas are identified in a geothermal permit area or geothermal drilling reservation, the permittee or holder of the drilling reservation, as the case requires, may, instead of making a nomination under subsection (1a) in relation to each geothermal resources area, nominate all of the blocks to which the geothermal resources areas extend, or to which any 2 or more of the geothermal resources areas extend, for declaration as a single location. . (a)by deleting “permit area or” and inserting instead — (4)After section 44(2) the following subsection is inserted — (2a)If geothermal energy resources are discovered in a geothermal permit area or geothermal drilling reservation, the Minister may, from time to time, by instrument in writing served on the permittee or holder of the drilling reservation, as the case requires, direct the permittee or holder of the drilling reservation to furnish to the Minister, within the period specified in the instrument, particulars in writing of any one or more of the following — (a)the properties of the geothermal energy resources;(b)the nature of the strata in which the geothermal energy resources occur;(c)any other matters relating to the discovery that are specified by the Minister in the instrument.

pdf 305.66 KB. (7)Section 106(11) is amended after “recovery of petroleum” by inserting — (8)Section 106(13) is repealed and the following subsection is inserted instead — Section 109(1) is amended after “State,” by inserting — or to geothermal energy resources exploration operations or operations for the recovery of geothermal energy in the State,(1)Section 112(1)(b) is amended after “petroleum” by inserting — (2)Section 112(2) is amended by deleting “petroleum,” and inserting instead — “ petroleum or geothermal energy resources, ”. Petroleum Legislation Amendment Act 2020 . petroleum production and distribution (anti- sabotage) act 1975 ASSOCIATED GAS RE-INJECTION ACT 1979 Have any questions? (English text signed by the President.) BE IT ENACTED by the …



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petroleum act amendment 2020