Implementation of a Risk Based Inspection (RBI) Program
The immediate cost saving advantages of adopting an RBI approach to asset integrity management are gaining momentum. Corporations are increasingly realizing that RBI, with its ability to intelligently analyze equipment’s probability of failure (POF) vs consequence of failure (COF), is the prudent approach to managing critical assets. Embracing RBI assures that a structured, systematic, and technically defensible approach is used to make decisions. RBI significantly reduces instances of equipment failure and minimizes unplanned shutdowns.
How to Develop an Effective Corrosion Control Strategy
Corrosion is a natural process that affects metal components in various industries, including oil and gas. Corrosion can lead to equipment failure resulting in costly repairs and downtime, which can have significant impacts on safety, production, and profitability. Developing an effective corrosion control strategy is critical to mitigate these risks and ensure the safe and reliable operation of assets. In this article, we will discuss a six-step approach to developing an effective corrosion control strategy for the oil and gas industry.
How to Leverage Integrity Operating Windows for Improved Corrosion Control
An API Recommended Practice (API RP 584), Integrity Operating Windows (IOW) are an essential component of any asset integrity management (AIM) system. IOWs improve predictive accuracy. They facilitate the collection, retention, and analysis of variable data – providing early warnings when a pre-defined process variable’s boundaries are exceeded. This helps to predict and prevent corrosion, increase productivity by allowing for predictive maintenance, and reduce the likelihood of asset failure.