The co-funded Energy Analysis Program (EAP) is a new program of the Exploration Incentive Scheme (EIS) for petroleum and geothermal companies. The program aims to make funding available for analysis of existing State resources (core, sidewall core, cuttings, and oil, condensate, water, and gas samples) and to allow re-analysis of existing data (e.g. reprocessing or desktop studies) to achieve better resolution and understanding of petroleum and geothermal systems. The program will open for applications twice a year, and offers up to a 50% refund, up to $50,000 per application.
Analysis programs that will be eligible for co-funding include:
- Analysis of physical samples
- Reprocessing (e.g. seismic)
- Desktop or data studies
The following activities will not be eligible for co-funding under the EAP:
- Drilling campaigns
- Wireline and sampling conducted during operational activities
- Acquisition surveys (e.g. seismic, gravity, magnetic, ground-based geochemical surveys)
Funding for drilling programs is allocated separately, please see Co-funded Exploration Drilling program.
Allocation of grants follows a competitive process, with marks assigned against the criteria as detailed in the application form submitted. Applications are then ranked according to the total marks gained. Grants are offered until the exhaustion of available funding, which is capped at $250,000 per round.
Information for applicants
The co-funding amount is refunded in a single payment at the completion of the EAP and upon submission of all the required documents, data, and analysis products.
Data from all programs will become open file three months after the formal end date of a Series.
Full details of the funding process and applicant eligibility are detailed in the EAP Guidelines for submission of applications 2021.
If successful, applicants are expected to abide by the conditions set out in the Funding Agreement document.
At the completion of the program, participants will be required to submit a final report in accordance with the template.
Funding can be offered to those applicants holding one of the following permits granted under the Petroleum and Geothermal Energy Resources Act 1967 (WA) or the Petroleum (Submerged Lands) Act 1982:
- Petroleum Title
- Geothermal Title
- Exploration Permit Application
- Drilling Reservation
- Special Prospecting Authority
- Special Prospecting Authority with Acreage Option
- Special Prospecting Authority Application
Funding can be offered only for analysis of material and data within the Western Australian State jurisdiction. It will not be granted for assessment of data sourced from Commonwealth areas.
Where newly drilled material is analysed as part of this program, the confidentiality of data will adhere to the terms of the Co-funded Energy Analysis Program Funding Agreement.
Co-funding is for direct analysis costs only, which does not include: administration costs, shipping costs, project management costs, transportation of personnel, or company personnel salaries.
Online application process
The current series is not yet open.
Series 1 will open on 1 February 2021.
Apply for the co-funded Energy Analysis Program
For more information contact:
Ph: 9222 3410