The Petroleum Licensing (Exploration and Production) (Seaward and Landward Areas) Regulations 2004

Interpretation

2.  In these Regulations—

“break clause” means a clause in a licence, other than a clause relating to continuation of the licence beyond its initially agreed or any subsequent term, which provides that, in the event of failure by the licensee on or before a date specified in that clause to take specified action or to undertake to complete specified work, the licence shall cease and determine;

“exploration licence” means a licence to search for petroleum in any seaward area and in those parts of any landward area which are below the low water line;

“frontier area” means an area whose exploitation is rendered especially difficult by any one or more of the following factors, namely—

(a)

its distance from existing petroleum-related infrastructure;

(b)

great water depth; or

(c)

the lack of existing pertinent technical data relating to such area;

“landward area” means an area on the landward side of the baselines as set out in the Territorial Waters Order in Council 1964(1);

“licence” means any licence granted pursuant to Part I of the Petroleum Act 1998 ;

“petroleum exploration and development licence” means a licence to search and bore for, and get, petroleum in a landward area;

“production licence” means a licence to search and bore for, and get, petroleum in strata, in the sea bed and in the subsoil in a seaward area; and

“seaward area” means an area on the seaward side of the baselines as set out in the Territorial Waters Order in Council 1964 in respect of which the Secretary of State may grant a licence.

(1)

1965 III, p. 6452A; a revised Schedule was substituted by the Territorial Sea (Amendment) Order 1998. (S.I. 1998/2564).