Offshore asset occupancy codes

The offshoe asset occupancy class codes supported by Verisk Synergy Studio.

Since Standard Industrial Classification (SIC) codes are not mapped to 900-series codes, "n/a" indicates that the column is not applicable.

For information about supported codes and limitations for specific models, refer to the model documentation that is available on the Client Portal (login required).

Occupancy code Category Description
900 Unknown Offshore platform occupancy is unknown.
901 Oil Production Only Offshore platforms that only produce oil.
902 Gas Production Only Offshore platforms that only produce gas.
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.