Availability Assessment of Oil and Gas Production Systems
- 1 April 1987
- journal article
- Published by Emerald Publishing in International Journal of Quality & Reliability Management
- Vol. 4 (4) , 21-36
- https://doi.org/10.1108/eb002887
Abstract
The operating costs and production losses due to equipment failure of offshore gas and oil production systems can exceed initial investment cost. The article explores the probability distribution of downtime associated with random equipment failure and applies availability assessment to design optimisation.Keywords
This publication has 1 reference indexed in Scilit:
- Probabilistic descriptions of irregular system downtimeReliability Engineering, 1986