09242 A Gas Plant Perspective on Utilizing Risk-Based Inspection Analysis to Improve Mechanical Integrity

Monday, March 23, 2009: 1:55 PM
C202/C203 (Georgia World Congress Center)
Tony Poulassichidis , Hess Corporation, Houston, TX
Risk Based Inspection (RBI) results in calculating a risk value for each piece of plant fixed-equipment. Usually RBI implementation results in fixed-equipment inspection program modification. Inspection is specified for equipment items that exceed Owner acceptable risk criteria while it is waived for equipment that is below acceptable risk levels.
In RBI analysis, equipment risk value consists of a Likelihood-of-Failure (LOF) and a Consequence-of-Failure (COF) element. The sum of different equipment damage mechanisms (internal corrosion, external corrosion and cracking mechanisms) is the LOF value.

This paper describes a gas plant gains from applying RBI as a reliability-engineering tool guiding decisions for optimized fixed-equipment mechanical integrity.  Utilizing the RBI calculated LOF, COF and Risk values for each piece of fixed-equipment allows for extracting maximum value from a RBI database.

Based on RBI calculated risk values, fixed-equipment relative risk ranking is established to:
–set priorities and focus our attention on the critical areas
–justify capital investment for Lifetime Extension projects
–proactively address Loss of Primary Containment and Process safety issues