The Petroleum Licensing (Production) (Seaward Areas) Regulations 2008

s.004

Initial Term

• Complete Work Programme phases or risk losing your licence Licence Holder

s.012

Payment of consideration for Licence

• Pay licence consideration per Schedule 2 to the NSTA Licence Holder

s.013

Provision of contact details to Minister

• Provide and keep up to date contact details for official documents Licence Holder

s.014

Measurement of Petroleum obtained from the Licensed Area

• Measure petroleum production using approved methods Licence Holder

s.015

Keeping of accounts

• Keep full and correct accounts of petroleum won, saved, and supplied Licence Holder

s.016

Working obligations

• Carry out work programme and comply with NSTA directions on exploration Licence Holder

s.017

Development and production programmes

• Submit development and production programmes for NSTA approval Licence Holder

s.018

Provisions supplementary to clause 17

• Comply with conditions on approvals and consents for development programmes Licence Holder

s.019

Commencement and abandonment and plugging of Wells

• Get NSTA consent before drilling or abandoning any well Licence Holder

s.020

Distance of Wells from boundaries of Licensed Area

• Do not drill wells within 125 metres of licence boundary without NSTA consent Licence Holder

s.021

Control of Development Wells

• Get NSTA consent for development well drilling and completion work Licence Holder

s.022

Provision of storage tanks, pipes, pipelines or other receptacles

• Use good oilfield practice to confine petroleum in proper storage receptacles Licence Holder

s.023

Avoidance of harmful methods of working

• Operate petroleum licence area in good oilfield practice and prevent harm Licence Holder

s.024

Appointment of operators

• Only let approved operators organise or supervise licensed oil and gas operations Licence Holder

s.025

Fishing and navigation

• Do not interfere with fishing, navigation or marine conservation Licence Holder

s.026

Training

• Comply with training instructions from the NSTA and provide training information on request Licence Holder

s.027

Unit development

• Cooperate with other licensees on a unit development scheme when NSTA requires it Licence Holder

s.028

Directions as to Oil Fields across boundaries

• Comply with NSTA directions for cross-boundary oil field development Licence Holder

s.029

Licensee to keep records

• Keep accurate records of wells and geological information Licence Holder

s.030

Returns

• Submit quarterly and annual returns to NSTA and provide information on request Licence Holder

s.031

Licensee to keep samples

• Label, preserve and manage disposal of well samples Licence Holder

s.032

Reports to be treated as confidential

• Supply all required data and reports at your own expense Licence Holder

s.033

Inspection of records etc.

• Allow NSTA to inspect your records and provide assistance Licence Holder

s.038

Indemnity against third party claims

• Keep the NSTA indemnified against third party claims Licence Holder

s.039

Advertisements, prospectuses etc.

• Do not claim NSTA endorses your licence area's oil prospects Licence Holder

s.040

Restrictions on assignment, etc.

• Get NSTA consent before assigning licence rights or future petroleum interests Licence Holder

s.043

Arbitration

• Continue complying with your Development Scheme during arbitration Licence Holder

s.044

Ministry of Defence

• Notify MoD of installation movements, seismic surveys, and install sonar beacons on temporary structures Licence Holder

s.045

Relationship with fishing industry

• Appoint a fisheries liaison officer and manage fishing industry relationships Licence Holder