Offshore Asset Occupancies

AIR provides the following codes for offshore asset occupancies: Since AIR has not mapped SIC codes to 900-series codes, "n/a" indicates that the column is not applicable.

Occupancy Code

Category

SIC2-Digit

Description

900

Unknown

n/a

The offshore platform occupancy is unknown.

901

Oil Production Only

n/a

Offshore platforms that produce oil only.

902

Gas Production Only

n/a

Offshore platforms that produce gas only.

903

No Production

n/a

Offshore platforms that do not produce oil or gas.

904

Oil and Gas Production

n/a

Offshore platforms that produce oil and gas.

905

Drilling

n/a

Platforms used for drilling.

906

Workover

n/a

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

907

Ready Stacked

n/a

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

908

Waiting on Location

n/a

Waiting on location.

909

Pipelines

n/a

Pipelines. This occupancy class is for accumulation only.

 

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Touchstone 6.0 Updated September 03, 2020