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MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 187 Records kept by licensee

MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 187

Division 4 - Records and confidentiality Records kept by licensee

(1)  A licensee (other than the holder of a production licence) is to keep up-to-date records of any exploration carried out under the licence.
(2)  A licensee (other than the holder of a production licence) is to ensure that records contain the following:
(a) details of any exploration carried out;
(b) the costs of any exploration carried out;
(c) any other details the Director requires.
(3)  The holder of a production licence must keep up-to-date records of any exploration and production activities carried out under the licence.
(4)  The holder of a geothermal production licence is to ensure that the records contain the following:
(a) the quantities of geothermal energy produced;
(b) the quantities of geothermal energy produced and sold;
(c) the sources of geothermal energy that has been produced;
(d) details of the disposal of any waste created in production activities;
(e) details of any development in relation to production activities;
(f) a breakdown of any capital expenditure;
(g) the operational costs of any exploration or production activities carried out;
(h) details of the workforce;
(i) details of exploration on the licence area, if required by the Director to keep such records;
(j) details of geothermal resources and geothermal reservoirs.
(5)  The holder of a petroleum production licence is to ensure that the records contain the following:
(a) the quantities of petroleum sold or held in stock;
(b) the quantities of petroleum produced;
(c) the sources of petroleum produced and details of any waste disposed of;
(d) details of any development in relation to production activities;
(e) a breakdown of any capital expenditure;
(f) the operational costs of any exploration or production activities carried out;
(g) details of the workforce;
(h) details of exploration on the licence area, if required by the Director to keep such records;
(i) details of petroleum resources, as determined in accordance with approved standards, and petroleum reservoirs.