Pipelinemanagement is crucial for ensuring pipelines operate efficiently and safely. While the simplistic view may suggest that checking for cracks, dents, or is enough, the reality is far more complex.
With an increasing demand for energy during a time of restricted capital and new infrastructure, pipelinemanagement is becoming even more complicated. Looking ahead, economics will likely be the most significant factor shaping pipeline integrity management in the future.
How Economics Impacts Pipeline Integrity Management
Economics has always been a consideration in pipelinemanagement, but its importance is growing, driven by issues like the rising cost of capital, rising interest rates, and the need to provide returns to investors.
Despite the pressure to reduce carbon-sourced energy, there will be an ongoing need to invest in existing infrastructure to meet growing energy demand. This pressure places a premium on scaling operations to find more granular issues and develop preventive and predictive maintenance programs.
How Technology is Paving the Way
With these unique economic challenges, pipeline operators are tasked with threading a needle to get results, stay compliant, guarantee safety, and increase profitability. Many are leveraging the following capabilities to accomplish this feat:
High-performance sensor platforms can monitor pipeline conditions, including wall thickness, cracks,, and deformations. These insights enable the early detection of issues, allow operators to take action before significant problems occur, and avoid unnecessary and costly digs.
The amount of data generated by advancedsystems is enormous, and the depth of insight empowers operators to find hidden trends and patterns that can help them maintain pipeline . At NDT Global, we use machine learning and artificial intelligence to analyze pipeline data, identify trends, and predict issues with the highest accuracy possible.
The Role of Professional Expertise
Data and technology alone aren't enough. To effectively address the challenges ahead, operators need access to deep and intimate expertise in pipelinemanagement. The right team of skilled professionals can help operators make sense of complex data sets and enhance their integrity management programs.
NDT Global’s world-class engineers, data analysts, and data scientists are immersed in pipeline integrity management and provide operators with the expertise and inline diagnostic solutions they need, when they need them.
Navigate the Challenges Ahead with Confidence
As pipelinemanagement becomes more complex, operators will need to dig deeper into their data and apply those findings to achieve long-term reliability, safety, and profitability. High-performance systems, data analytics, and professional expertise are critical to meeting the challenges ahead.
At NDT Global, we understand that pipelinemanagement is an increasingly complex discipline. We are constantly pushing the boundaries of technology and innovation to provide the best diagnostic data for a world of sustainable growth. Our inline diagnostic solutions combine the most advanced sensor capabilities with a world-class team of experts to provide the most powerful insights. That's the Power of Clarity.