ISO 19008-2016 PDF

Full title and description

Standard cost coding system for oil and gas production and processing facilities — ISO 19008:2016. Defines a Standard Cost Coding System (SCCS) for classifying costs and quantities across exploration, development, operation and removal of oil & gas production and processing facilities (upstream, midstream, downstream and petrochemical business categories) to support cost estimating, monitoring, reporting and standardized exchange of cost data.

Abstract

ISO 19008:2016 specifies a faceted cost coding system (the SCCS) that provides uniform codes for physical assets, activities and resources so that cost and quantity data can be recorded, exchanged and aggregated consistently across organisations and projects in the petroleum, petrochemical and natural gas industries. The standard is intended to support cost estimating, actual-cost monitoring and reporting, collection of final quantities and implementation in cost systems; it does not replace accounting rules, contractual work breakdown structures or unique asset tagging systems but can provide a common basis for them.

General information

• Status: Published (1st edition) — reviewed and confirmed in 2022; remains current as published.
• Publication date: 24 August 2016 (ISO 19008:2016).
• Publisher: International Organization for Standardization (ISO).
• ICS / categories: 75.020 — Extraction and processing of petroleum and natural gas.
• Edition / version: Edition 1 (2016).
• Number of pages: 10 (official ISO English edition).

Scope

ISO 19008:2016 establishes a Standard Cost Coding System (SCCS) to classify costs and quantities related to exploration, development, operation and removal of oil and gas production and processing facilities, and for petroleum, petrochemical and natural gas industry activities. It is applicable to cost estimating, actual cost monitoring and reporting, collection of final quantities and cost data, standardized exchange of cost data between organisations and implementation in cost systems. It excludes (and is not intended to replace) cost classifications required for accounting, tax, billing or specific contractual Work Breakdown Structures (WBS) and unique asset-tagging systems, although it may be used as a basis for developing those systems.

Key topics and requirements

• Faceted code model: three primary facets—PBS (Physical Breakdown Structure), SAB (Standard Activity Breakdown) and COR (Code of Resource).
• Composite code structure: recommended code ordering (typically PBS → SAB → COR) to form complete cost items for estimating and reporting.
• Normative code lists and examples: published code lists for PBS/SAB/COR with examples to guide implementation and mapping.
• Rules for data integrity and aggregation: each cost/quantity item should carry SCCS codes to enable consistent decomposition, roll-up and comparison.
• Extension rules: guidance for organisations to extend code lists while keeping extensions distinct and documented.
• Interoperability guidance: supports standardised exchange of cost data between owners, contractors, cost-system vendors and benchmarking services.
• Scope exclusions and mapping notes: clarifies that SCCS is not a substitute for accounting classifications or proprietary WBS but can be mapped to those systems.

Typical use and users

Used by owner/operators, project and cost engineers, EPC contractors, manufacturers, cost-system and benchmarking providers, industry associations and regulators. Typical applications include estimating and budgeting for new developments, cost monitoring during construction and operation, collection of final quantities for benchmarking and lifecycle cost studies, and standardised data exchange across organisations and project phases.

Related standards

Commonly referenced alongside standards for petroleum industry cost, reliability and life-cycle data such as ISO 20815 (production assurance and reliability management), ISO 14224 (collection of reliability and maintenance data) and related life‑cycle costing or asset-management standards. The SCCS has also been adopted/endorsed in various regional/national publications (EN/ISO adoptions) and a second edition / revision of ISO 19008 was developed in 2024–2025 (draft stages) to broaden scope to include lower‑carbon energy and additional codes — consult your national standards body for the current revision/publication status.

Keywords

ISO 19008, SCCS, standard cost coding system, cost coding, PBS, SAB, COR, oil and gas, petroleum, petrochemical, cost estimating, cost reporting, benchmarking, cost-data exchange

FAQ

Q: What is this standard?

A: ISO 19008:2016 is the International Standard that defines a Standard Cost Coding System (SCCS) for oil & gas production and processing facilities, providing a common faceted scheme to classify costs and quantities for estimating, reporting and data exchange.

Q: What does it cover?

A: It covers the structure and use of codes (PBS, SAB, COR), rules for composing composite cost items, guidance for implementation, examples and exclusions. It supports cost estimating, actual cost monitoring and standardised exchange of cost and quantity data across the petroleum, petrochemical and natural gas sectors.

Q: Who typically uses it?

A: Owner/operators, project cost teams, EPC contractors, cost‑system vendors, benchmarking providers, industry associations and regulators in the oil, gas and petrochemical industries.

Q: Is it current or superseded?

A: The 2016 edition is the published first edition and was reviewed and confirmed in 2022. A revised second edition was progressed through ISO drafting stages (DIS/FDIS) in 2024–2025 to include updates (for example, broader scope to cover lower‑carbon energy and additional code sets). For the absolute current publication or replacement status, consult your national standards body or ISO catalogue (check the latest national adoption or the ISO catalogue for any formal publication of a new edition).

Q: Is it part of a series?

A: It is part of ISO/TC 67 work on standards for the oil & gas industries and is often used together with related ISO standards addressing production assurance, reliability data and life‑cycle costing (for example ISO 20815 and ISO 14224).

Q: What are the key keywords?

A: SCCS, cost coding, PBS, SAB, COR, cost estimating, oil and gas, petrochemical, cost-data exchange, benchmarking.