scholarly journals Investigations of the Potential Application of k-out-of-n Systems in Oil and Gas Industry Objects

2020 ◽  
Vol 8 (11) ◽  
pp. 928
Author(s):  
Vladimir V. Rykov ◽  
Mikhail G. Sukharev ◽  
Victor Yu. Itkin

The purpose of this paper was to demonstrate the possibilities of assessing the reliability of oil and gas industry structures with the help of mathematical models of k-out-of-n systems. We show how the reliability of various structures in the oil and gas complex can be described and investigated using k-out-of-n models. Because the initial information about the life and repair time of components of systems is only usually known on the scale of one and/or two moments, we focus on the problem of the sensitivity analysis of the system reliability indices to the shape of its components repair time distributions. To address this problem, we used the so-called markovization method, based on the introduction of supplementary variables, to model the system behavior with the help of the two-dimensional Markov process with discrete-continuous states. On the basis of the forward Kolmogorov equations for the time-dependent process’ state probabilities, relevant balance equations for the process’ stationary probabilities are presented. Using these equations, stationary probabilities and some reliability indices for two examples from the oil and gas industry were calculated and their sensitivity to the system component’s repair time distributions was analyzed. Calculations show that under “rare” component failures, most system reliability indices become practically insensitive to the shape of the components repair time distributions.

2014 ◽  
Vol 567 ◽  
pp. 271-276
Author(s):  
V. John Kurian ◽  
M.C. Voon ◽  
Mohamed Mubarak Abdul Wahab ◽  
N.A. Iskandar ◽  
Mohd Shahir Liew

Reliability is one major concern in the Oil and Gas industry to date. Reliability issues due to aging and increasing environmental loading are common for jacket platforms in Malaysia. Authors have studied system reliability assessment on existing jacket platforms in Malaysian waters and concluded that the current reliability assessment in the industry practice is tedious. The scope of the study includes regression analysis using three different methods to generate regression equation which could serve as a simplified reliability prediction model. Regression equations generated in this study seek to improve the current reliability assessment of jacket platforms in Malaysia by providing means for screening process before proceeding to tedious reliability analysis.


2020 ◽  
Vol 78 (7) ◽  
pp. 861-868
Author(s):  
Casper Wassink ◽  
Marc Grenier ◽  
Oliver Roy ◽  
Neil Pearson

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.


2011 ◽  
pp. 19-33
Author(s):  
A. Oleinik

The article deals with the issues of political and economic power as well as their constellation on the market. The theory of public choice and the theory of public contract are confronted with an approach centered on the power triad. If structured in the power triad, interactions among states representatives, businesses with structural advantages and businesses without structural advantages allow capturing administrative rents. The political power of the ruling elites coexists with economic power of certain members of the business community. The situation in the oil and gas industry, the retail trade and the road construction and operation industry in Russia illustrates key moments in the proposed analysis.


2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest


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