Cost-effectiveness

The estimation of cost-effectiveness of inhibited plastics is a multifactor problem and its solution is unambiguous. Let us consider the main aspects involved in the estimation of the expediency of using any anticorrosive material to justify this opinion  

Corrosion-induced damage has inevitably arisen since man learnt to extract metals. The spheres and scale of metal assimilation have widened continuously and the problem of losses from corrosion have been aggravated and become more acute. Machines and metal constructions today constitute the most valuable part of basic production assets in the world. By the end of the 20th century economic losses from corrosion had reached a magnitude commensurate with worldwide investments into the development of the main branches of industry. Experts estimate annual damage by corrosion of up to 

Damage by corrosion can be subdivided into three main categories  

Losses from corrosion are subdivided into direct and indirect costs. Direct losses are estimated by the amount of financial investment aimed at maintaining serviceability of machinery operating in corrosive environment, which includes the cost of substitution and repair of corroded machines and equip -ment, expenses for the preservation of hardware, substitution of carbon steel by rustproof grades, and so on. In developed countries these losses make up 5% of the national income. 

Indirect losses are composed of the costs arising from drop of labor productivity, rising initial cost of machinery, operation expenses, and impaired production quality due to corrosion. 

---

The additives for improving the cetane number, called pro-cetane, are particularly unstable oxidants, the decomposition of which generates free radicals and favors auto-ignition. Two families of organic compounds have been tested the peroxides and the nitrates. The latter are practically the only ones being used, because of a better compromise between cost-effectiveness and ease of utilization. The most common are the alkyl nitrates, more specifically the 2-ethyl-hexyl nitrate. Figure 5.12 gives an example of the... 

However, the most widely used materials are the zinc dialkyl-dithiophosphates that have an anti-wear effect in addition to their antioxidant power and, besides, offer an attractive cost/effectiveness ratio. 

It is fair to say that advances in seismic surveys over the last decade have changed the way fields are developed and managed. From being a predominantly exploration focused tool, seismic has progressed to become one of the most cost effective methods for optimising field production. In many cases, seismic has allowed operators to extend the life of mature fields by several years. 

Drilling Jackets are small steel platform structures which are used in areas of shallow and calm water. A number of wells may be drilled from one jacket. If a jacket is too small to accommodate a drilling operation, a jack-up rig (see below) is usually cantilevered over the jacket and the operation carried out from there. Once a viable development has been proven It is extremely cost effective to build and operate jackets in a shallow... 

Keywords reducing uncertainty, cost-effective information, ranking sources of uncertainty, re-processing seismic, interference tests, aquifer behaviour, % uncertainty, decision tree analysis, value of information, fiscal regime, suspended wells, phased development. 

Appraisal activity, if performed, is the step in the field life cycle between the discovery of a hydrocarbon accumulation and its development. The role of appraisal is to provide cost-effective information with which the subsequent decision can be made. Cost effective means that the value of the decision with the appraisal information is greater than the value of the decision without the information. If the appraisal activity does not add more value than its cost, then it is not worth doing. This can be represented by a simple flow diagram, in which the cost of appraisal is A, the profit (net present value) of the development with the appraisal information is (D2-A), and the profit of the development without the appraisal information is D1. 

Artificial lift systems are mostly required later in a field s life, when reservoir pressures decline and therefore well productivities drop. If a situation is anticipated where artificial lift will be required or will be cost effective later in a field s life, it may be advantageous to install the artificial lift equipment up front and use it to accelerate production throughout the field s life, provided the increased revenues from the accelerated production offset... 

Gas fractionation plants require considerable investment and in many situations would not be economic. However, less complete NGL recovery methods may still prove cost effective. 

Subsea production systems are an alternative development option for an offshore field. They are often a very cost effective means of exploiting small fields which are situated close to existing infrastructure, such as production platforms and pipelines. They may also be used in combination with floating production systems. 

Only one set of pipelines and umbilicals (as with the template) are required from the manifold back to the host facility, saving unnecessary expense. Underwater manifolds are becoming very popular as they offer a great deal of flexibility in field development and can be very cost effective. 

One of the most cost effective forms of maintenance is to train the operators to visually Inspect the equipment on a daily basis. Careful selection of staff, appropriate training and incentives will help to improve what is often called first-line maintenance. 

Introduction and Commercial Application The production decline period for a field is usually defined as starting once the field production rate falls from its plateau rate. Individual well rates may however drop long before field output falls. This section introduces some of the options that may be available, initially to arrest production decline, and subsequently to manage decline in the most cost effective manner. 

If extra treatment capacity is not cost effective another option may be to handle the produced water differently. The water treatment process is defined by the production stream and disposal specifications. If disposal specifications can be relaxed less treatment will be required or, a larger capacity of water could be treated. It is unlikely that environmental regulators will tolerate an increase in oil content, but if much of the... 

Are cost effective in that their use in practical calculations is feasible. 

Intrinsic bioremediation is becoming an acceptable option in locations where the contaminated groundwater poses Htde threat to environmental health. Nevertheless, although intrinsic bioremediation is appealingly simple, it may not be the lowest cost option if there are extensive monitoring and documentation costs involved for several years. In such cases it may well be more cost effective to optimize conditions for biodegradation. 

If more active treatment is required, such as pump-and-treat, it is possible that biological reactors will be a cost-effective replacement for activated carbon filters (63). 

The advantage of single-pass over cross-flow filtration is that it is an easier system to operate and can be cost effective, particularly if the product to be filtered is expensive, because very tittle of the initial fluid is lost during filtration. However, because the flow pattern of the fluid is directly through the filter, filter life maybe too short for the fluid being filtered. The minimum flow rate needed downstream of the filter must also be considered, especially when there are time constraints to the process. In some situations it may be more advantageous to use a cross-flow system where higher flow rates may be easier to obtain. 

For these reasons, CEC and DOE concluded that the only cost-effective method of getting alcohol fueled vehicles would be from original equipment manufacturers (OEM). Vehicles produced on the assembly line would have lower unit costs. The OEM could design and ensure the success and durabihty of the emission control equipment. 

E. Y. McGann, A Safety, Quality, and Cost Effectiveness Study of Composition, Press Loading Parameters, TR 76-1, Naval Ordnance Laboratory, White... 

---