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What are the different types of permits?

 

New Zealand Petroleum & Minerals issues permits to prospect, explore or mine petroleum under the Crown Minerals Act 1991. The following table lists the key information for the three types of petroleum permits available.

More detailed information is available in the Minerals Programme for Petroleum 2005 [975 kB PDF]

 

 
Prospecting Permit
 Exploration Permit
Mining Permit

 Purpose

For conducting reconnaissance and general investigations of an area

To identify petroleum deposits and evaluate the feasibility of mining any discoveries made

For development of a petroleum field to allow the extraction and production of petroleum

 Activities

Generally acquisition of geological and geophysical data

Geological and geophysical surveying, exploration and appraisal drilling and testing of petroleum discoveries

Mining operations relevant to the extraction, separation, treatment and processing of petroleum

 Allocation

Non-competitive applications may be made over available areas 

Petroleum Exploration Permit Block Offer

Subsequent to an exploration permit, following extensive appraisal programme and preparation of a work programme for development and mining of a discovery

 Rights

Non-exclusive
No subsequent rights

Exclusive
Subsequent rights to apply for a mining permit

Exclusive

 Duration

Up to 1 year 

  • Up to 5 years
  • Renewal of 5 years over a maximum of 50% of the original area
  • Appraisal extension of up to 4 years possible

Up to 40 years, related to size of discovery and rate of production

 Size

No size limit 

Defined by New Zealand Petroleum & Minerals

Related to extent of discovery



 

 

Last updated 2 February 2012

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