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Geothermal Energy

Licence Fees

Tenement ONSHORE
Petroleum and Geothermal Energy Act 2000
EXPLORATION (GEL)
Application fee - (Exempt from GST). A$4,254
Maximum area
(one block=5x5 minutes)
3,000 km2 per GEL
Annual fee - (Onshore inclusive of GST). *minimum A$3,599 or A$1.35 per km2 whichever is the greater.
Initial term of tenement 5 years
Relinquishment at end of term 33.3%
Application for renewal - (Exempt from GST). A$2,128
Application for variation - (Exempt from GST). A$2,128
Application for suspension - (Exempt from GST). A$2,128
Renewal term 5 years
PRODUCTION (GPL)
Application fee - (Exempt from GST). A$4,254
Maximum area 1,000 km2
Annual fee - (Onshore inclusive of GST). *minimum A$3,599 or A$157 per km2 whichever is the greater.
Initial and 1st renewal term N/A
Royalty Rate (of wellhead value) Geothermal 2.5%
GEOTHERMAL RETENTION LICENCE (GRL)
Application fee - (Exempt from GST) A$4,254
Maximum area 1,000 km2
Annual fee - (Exempt from GST) *minimum A$3,599 or A$157 per km2 whichever is the greater.
  5 years
Application for renewal A$2,128
Renewal term Renewable for further 5 year terms
ASSOCIATED ACTIVITIES LICENCE (AAL)
Application fee - (Exempt from GST). A$4,254
Maximum area Limited to an area no greater that 5 km2
Annual fee - (Exempt from GST) A$3,599 or A$1,922 per km2 whichever is the greater for a permanent facility or A$3,599 in any other case.
Term (Permanent Activity) Granted for the same term and renewable at the same time as the primary licence.
Term (Temporary Activity) Granted for the same term determined by the Minister.
SPECIAL FACILITIES LICENCE (SFL)
Application fee - (Exempt from GST). A$4,254
Maximum area Limited to an area no greater that 5 km2
Annual fee - (Exempt from GST) A$3,599 or A$1,800 per km2 of the total licence area, whichever is the greater.
Initial Term Granted for the same term determined by the Minister.

*Rates current as at 1 July 2016

Tenement Requirement Summary is a summary of the Petroleum Tenement Legislation.