The government releases areas in Australian Commonwealth waters for oil and gas exploration each year.
Subscribe to Australian Petroleum News for information on acreage bidding rounds, and for updates on offshore oil and gas matters in Australian Commonwealth waters. Oil and gas companies can participate in the acreage release by:
Anyone who has an interest in areas that may be released for bidding can have their say during the consultation.
The offshore petroleum industry is invited to shape the acreage release each year. You can submit nominations for release areas to be considered.
Nominations for the 2023 acreage release are now open.
Your nomination should demonstrate a genuine intent to start activities in the immediate term. As a guide:
We do not place limits on the number of nominations you can put forward. However the government may change this if:
The Joint Authorities must consider and endorse release areas before they can progress to the bidding rounds. The Joint Authority is generally made up of the responsible federal minister and the relevant state or Northern Territory minister.
Complete the online nomination form on business.gov.au
Please nominate non-contiguous areas separately.
In some cases we don't progress nominations. Nominated areas, or parts of areas, may be excluded for various reasons including:
See the National Offshore Petroleum Titles Administrator (NOPTA) interactive map to determine if your nomination may be affected.
You must provide reasons for nominating an area. This is crucial in frontier areas with limited infrastructure or social licence to operate.
The government will consider their priorities when deciding to release acreage in an area.
Before areas are released for bidding, the government undertakes a consultation process. We seek feedback from anyone who has an interest in a specific area and can provide information relevant to exploration in that area. This includes:
To be notified of upcoming consultations subscribe to the Australian Petroleum News.
Consultation informs the Joint Authorities’ decision to release nominated areas. It also helps companies understand factors they may need to consider when applying for and working in an area.
We consulted on areas for inclusion in the 2021 acreage release. View details and feedback from stakeholders on Consultation hub.
The Joint Authorities invite companies to bid on release areas. Areas available for bidding, and bid due dates, are published in the Australian Government Gazette.
When planning your work bid, you may want to:
If you’re a foreign investor, you should familiarise yourself with Australia’s foreign investment framework. Failure to comply with the law may result in penalties.
You’re responsible for obtaining any relevant Foreign Investment Review Board (FIRB) approvals.
You must submit evidence of your FIRB approval with your application to NOPTA. If your FIRB approval is pending, provide evidence of this to NOPTA with your application.NOPTA will not offer petroleum exploration permits until they receive the required FIRB approvals.
Email general enquiries to email@example.com.
NOPTA assesses bids against:
They provide advice to the Joint Authorities who make the decision on successful bids.
Successful bidders are offered an offshore petroleum exploration permit. This 6-year title can be renewed for a further two periods of 5 years.
NOPTA grants the permits on behalf of the relevant Joint Authority.
Oil and gas companies must meet a number of requirements before commencing offshore oil and gas activities.
Read more about investing in offshore petroleum exploration.
Last updated: 2 September 2021
Content ID: 46910