Status report requirement (relinquishment report)

kartet_v1
23.10.2017
The NPD has issued guidelines for status reports (also known as relinquishment reports) in connection with surrender, lapse or expiry of a production licence.

In production licences starting with 2006 (APA) Item 4 i) and from 2012 (22nd licensing round), it is a requirement that the licensee shall prepare and submit a status report to the Norwegian Petroleum Directorate when a production licence is surrendered or lapses. A status report must be submitted in the following cases:

  • Surrender - If the licensee no longer wants to keep the production licence, it must be surrendered in its entirety.
  • Lapse - If the licensee does not make decisions or makes negative decisions in accordance with the work commitment, the production licence will lapse.
  • Expiry - A production licence expires when the award period ceases and it is not extended.

It is not necessary to submit a status report in cases of relinquishment, i.e. if the licensee relinquish parts of the area covered by the production licence

The content of a status report is described in NPD’s guidelines for status reports in connection with surrender, lapse or expiry of a production licence.