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Petroleum and gas rents

Annual rent is payable on most resource authorities. It is important that you pay your rent by the due date or penalties may apply.

Due date

The due date is 31 August for the rental year starting from 1 September to 31 August the following year.

Late payment penalty

An additional amount of 15% of the rent is payable if rent is not paid by the due date. You will also have to pay 15% interest accrued daily on the amount outstanding if the rent is more than 3 months late.

Rental rates

Resource authority Rental rate
ATP (authority to prospect) {{ pass_35449 }} per sub-block
PL (petroleum lease) {{ pass_35450 }} per km2
PPL (pipeline licence point to point) {{ pass_35479 }} per km
PPL (pipeline licence area) {{ pass_35480 }} per km
PFL (petroleum facility licence - 2km2 or less) {{ pass_35482 }} per licence
PFL (petroleum facility licence - greater than 2km2) {{ pass_35283 }} per km2
DAA (data acquisition authority) {{ pass_35451 }} per sub-block
WMA (water monitoring authority) {{ pass_35452 }} per sub-block
STO (storing petroleum or prescribed storage gas) {{ pass_35454 }} per each km2 of the old lease, or the area of the proposed petroleum lease

Related information


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