Offshore asset occupancy codes

Touchstone supports the following offshore asset occupancy class codes.

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

Note: For information about supported codes and limitations for specific models, refer to the model documentation that is available on the Client Portal.
Occupancy code Category SIC2-digit Description
900 Unknown n/a Offshore platform occupancy is unknown.
901 Oil Production Only n/a Offshore platforms that only produce oil.
902 Gas Production Only n/a Offshore platforms that only produce gas.
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.