Print Options

(1) The Secretary may, by legislative instrument, make regulations prescribing all matters that by this Law are required or permitted to be prescribed or are necessary or convenient to be prescribed for carrying out or giving full effect to this Law.

(2) Without prejudice to the generality of subsection (1) of this section, the Secretary may prescribe regulations for or with respect to -

(a) ensuring the safe construction, maintenance and operation of installations and facilities used in connection with petroleum operations;

(b) the safety, health and welfare of persons employed in petroleum operations and generally for all necessary safety measures;

(c) the prevention of pollution and the taking of remedial action in respect of any pollution which may occur in connection with petroleum operations;

(d) the inspection of areas in which petroleum operations are being carried out and of any plant, machinery and equipment within those areas;

(e) the reporting of and inquiries into accidents arising out of petroleum operations;

(f) the keeping and inspection of records, accounts, statistics and plans with respect to petroleum operations;

(g) the relinquishment of portions of areas subject to petroleum agreement;

(h) the protection of fishing, navigation, and other activities carried out within or in the vicinity of any areas in which petroleum operations are being carried out;

(i) the making and submission of reports, returns and programmes;

(j) the standards for petroleum and petroleum products and transportation thereof;

(k) the rates of royalty payable in respect of petroleum production, the methods of calculation of the amount of royalty and the manner and times of payment thereof;

(l) the reference map of numbered areas, each of which shall be described as a "block", and guidelines on the maximum number of blocks that may be held under a petroleum agreement by an applicant;

(m) competitive bidding procedures for petroleum agreements;

(n) determining the value of crude oil and natural gas;

(o) requiring the Corporation and any contractor to submit to the National Energy Board and the Secretary their investment programme;

(p) the conservation of natural resources and the avoidance of waste, whether petroleum or otherwise, of the land to which this Law applies;

(q) the accounting procedures to be followed and reporting on all petroleum operations;

(r) the minimum conditions of service for workers engaged in petroleum operations;

(s) the terms and conditions of petroleum agreements pursuant to subsection (2) of section 2 of this Law;

(t) the rates or methods of setting the rates at which petroleum and water may be recovered from any well or petroleum reservoir;

(u) the methods to be used for the measurement of petroleum, water and other substances from a well;

(v) the pressure maintenance in, or repressuring of, a petroleum reservoir and the recycling of petroleum;

(w) the terms and conditions under which the Corporation shall undertake the exploration, development and production of petroleum not in association with a contractor pursuant to subsection (3) of section 5 of this Law;

(x) the specified areas in which the exercise of rights of a contractor under subsection (1) of section 22 of this Law to carry out petroleum operations shall be restricted; and

(y) the penalties for offences against the Regulations.