Offshore Asset Occupancies

AIR provides the following codes for offshore asset occupancies:

Occupancy Code

Category

SIC2-Digit

Description

900

Unknown

 

The offshore platform occupancy is unknown.

901

Oil Production Only

 

Offshore platforms that produce oil only.

902

Gas Production Only

 

Offshore platforms that produce gas only.

903

No Production

 

Offshore platforms that do not produce oil or gas.

904

Oil and Gas Production

 

Offshore platforms that produce oil and gas.

905

Drilling

 

Platforms used for drilling.

906

Workover

 

Platforms that repair or stimulate existing production wells for the purpose of restoring, prolonging, or enhancing the production of hydrocarbons.

907

Ready Stacked

 

Rigs that are not under contract but generally are ready for service.

908

Waiting on Location

 

Waiting on location.

909

Pipelines

 

Pipelines. This occupancy class is for accumulation only.

 


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Touchstone 4.0 Updated June 13, 2018