Status report requirement (relinquishment report)

kartet_v1
15.01.2018
The NPD has issued guidelines for status reports (also known as relinquishment reports) in connection with surrender, lapse or expiry of a production licence.

According to the Resource Management Regulations section 27 first paragraph the licensee shall submit a status report to the Norwegian Petroleum Directorate within three months after a production licence is surrendered, lapses or expires. 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.