Victorian Numbered Regulations Victorian Numbered RegulationsA petroleum production licensee must not undertake the recovery of petroleum from a petroleum pool in the licence area unless—
(a) the recovery is on an appraisal basis; and
(b) at the time of the recovery of the petroleum, the licensee has—
(i) an accepted field development plan in force for a field that includes the petroleum pool; or
(ii) an approval, under regulation 217, to undertake the recovery of petroleum without an accepted field development plan; or
(iii) an exemption under the transitional provisions of regulation 218.
Penalty: 20 penalty units.
Notes
1 The Act also requires a licensee to undertake the recovery operation in accordance with good oilfield practice—see section 616.
2 This offence applies to a petroleum production licensee. Recovery of petroleum in the offshore area without a petroleum production licence or other authorisation under the Act is an offence under section 149 of the Act.