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Determining Repair and Replacement of Legacy Pipeline Systems

Legacy pipeline operators face increased regulatory challenges. Legacy systems have decades of metal loss and coating damage from forces pressure cycling thermal stresses and other physical phenomena that weaken the pipeline; years of damage make the pipeline more susceptible to leaks or rupture related to integrity threats. Management of a legacy system requires corrosion control. Mechanical integrity can be maintained by coupling an appropriate inspection schedule with relevant remedial responses. Legacy pipelines can then be operated under acceptable risk levels to the public the environment and the business.Engineering economic analysis demonstrates that well planned corrosion management can provide a cost-effective safe operation over the life cycle of pipelines and valuable information to decide whether to extend the operational life of the asset. This financial analysis incorporates the cost of the necessary mitigative actions comparing the cost of the continuing mitigative actions to the cost of replacement while folding in the key components of risk.

Product Number: 51319-13427-SG
Author: Jason Land
Publication Date: 2019
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