The Oilfields (Regulation and Development) Act, 1948
An Act to provide for the regulation of oilfields and for the development of mineral oil resources.
Administered by. Ministry of Petroleum and Natural Gas · Other Acts of 1948
Preamble
THE OILFIELDS (REGULATION AND DEVELOPMENT) ACT, 1948
ACT NO. 53 OF 19481
[8th September, 1948.] An Act to provide for the regulation of 2*** oilfields and for the development of 3[mineral oil resources].
WHEREAS it is expedient in the public interest to provide for the regulation of 2*** oilfields and for the development of 3[mineral oil resources]4***;
It is hereby enacted as follows:---
What this Act covers
Oil Fields (Regulation and Development) Act, 1948
Key Provisions:
1. Regulation and Development of Oil Fields:
o The Act authorizes the Central Government to make rules for regulating oil fields and promoting the systematic development of mineral oil resources.
2. Grant of Licences and Leases:
o It provides for the regulation of licences and mining leases for exploring and extracting oil and petroleum resources.
o The Central Government can prescribe conditions for such licences and leases.
3. Control over Petroleum Operations:
o The Act enables the Government to regulate operations connected with oil exploration, drilling, production, and conservation of petroleum resources.
4. Power to Make Rules:
o The Central Government may frame rules relating to:
Prospecting and exploration of oil fields.
Conservation and development of petroleum resources.
Collection of royalties and fees.
Maintenance of records and submission of reports.
5. Inspection and Compliance:
o Authorities are empowered to inspect oil fields and ensure compliance with statutory requirements.
6. Penalties:
o The Act provides penalties for violation of rules and conditions imposed under licences and leases.
Sections
Type to filter. 19 sections.
- 1Short title, extent and commencement
- 2[Omitted.]
- 3Definitions
- 4No petroleum lease to be valid unless it is in accordance with this Act
- 4Aprospecting, etc., of mineral oils
- 5Power to make rules as respects petroleum leases
- 6Power to make rules as respects mineral oils development
- 6ARoyalties in respect of mineral oils
- 7Power to make rules for modification of existing leases
- 8Delegation
- 9Penalties
- 9AAdjudication
- 9BAppeal
- 10Laying of rules and notifications
- 11Power of inspection
- 12Relaxation of rules in special cases
- 13Act to be binding on the Government
- 13AValidity of leases and licenses
- 14Protection of action taken in good faith
Schedules
This Act has 1 schedule. A schedule is published as a document of its own; the text is reproduced on its page where it has been read, and the document is mirrored here either way.
- THE SCHEDULE2,620 words
Rules made under this Act
2 sets of Rules. India Code publishes Rules as a record and a document rather than as text, so these are indexed here and not reproduced. All Rules.
- G.S.R 1288. In exercise of the powers conferred by Section 5 and 6 of the Oil fields (Regulation and Development) Act, 1948 (53 of 1948) and in supersession of the petroleum concession Rules,1959
- G.S.R 1288. In exercise of the powers conferred by Section 5 and 6 of the Oil fields (Regulation and Development) Act, 1948 (53 of 1948) and in supersession of the petroleum concession Rules,1959
Related Acts
- The Petroleum Act, 193432 sections
- The Petroleum and Minerals Pipelines (Acquisition of Right of User in Land) Act, 196224 sections
- The Oil Industry (Development) Act, 197432 sections
- The Oil and Natural Gas Commission (Transfer of Undertaking and Repeal) Act, 199312 sections
- The Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Repeal Act, 20052 sections
- The Petroleum and Natural Gas Regulatory Board Act, 200663 sections
- The Rajiv Gandhi Institute of Petroleum Technology Act, 200740 sections
- The Indian Institute of Petroleum and Energy Act, 201745 sections
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Every one of the 19 sections of this Act has its own page. This page is not a substitute for legal advice.