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Aboveground storage tanks (ASTs) are assets that contain valuable goods for the oil and gas industry. Consequently, monitoring and preventing loss of containment and extending the service life of those assets is a priority for the abovementioned industries. To monitor the degradation process of the tanks, ER probes are typically used to determine the corrosion rates. Corrosion rates can be used to forecast the service life of an asset by estimating the time at which the degradation reaches a critical thickness of the tank. If the corrosion rate is such that the critical thickness is expected to reach below the expected service life of the asset, the lifespan can be extended by corrosion mitigation methods.
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