Risk-Based Inspection

Risk-Based Inspection (RBI) ensures you are performing the right inspections, on the right assets, in the right areas, at the right frequency. With thousands of assets to monitor, it can be challenging to properly prioritize inspection investments in efforts to reduce loss of containment risks to acceptable levels. Whether dealing with pressure vessels, pressure relief devices, piping segments, pipelines, check valves, or pump casings, loss of containment risks should be identified and mitigated before they happen. Risk-Based Inspection (RBI) can help these risks be proactively mitigated.

RBI is an approach used to assign risk to particular assets within a facility, and then use that risk to prioritize and drive inspection strategies. In the oil and gas industry, it is guided by the American Petroleum Institute (API) RP 580, “The Recommended Practice for Risk-Based Inspection.”

Case Study

Read our case study, “Enhancing Return on Investment Through Risk-Based Inspection Solutions” to learn more about the benefits of PinnacleART’s RBI implementation.

PinnacleART applies RBI theory in a systematic and standardized manner that provides objective assessments and repeatable results. We will help you select an appropriate RBI methodology, and then execute that methodology through a regimented process of gathering documentation, mining of critical data, predictive damage modeling, consequence of failure assessments, and RBI planning. As a result, facilities receive a set of optimized inspection strategies that efficiently target loss of containment risk.

We pride ourselves on possessing fluency in a variety of RBI software packages, each of which apply the API 580 concepts in a variety of ways. We are able to effectively utilize the various packages to perform the RBI assessments and fully train the owner/operator to manage the RBI process once the assessment is complete. PinnacleART’s team of experts can also evergreen the program by updating risk profiles and inspection tasks and monitor key performance indicators (KPIs) that track systematic improvements based on risk management, reduced downtime, and program execution efficiency.

PinnacleART’s RBI services will help you optimize your inspection strategies by enabling you to determine where to focus your inspection efforts, when to perform the inspections, and what methods to use for the greatest effectiveness. Overall, our approach will helps organizations gain valuable insight into the condition of their assets so that data driven decisions can be made (for example, when to replace or repair an asset or when to recommend a design upgrade). By targeting areas of high-risk and performing prescribed inspections, facilities are able to reduce unplanned failures, decrease overall loss of containment risk, and increase the efficiency of their inspection programs.

Pressure Relief Device (PRD) Risk-Based Inspection (RBI)

Pressure Relief Devices (PRDs) are safety devices designed to protect pressurized vessels or systems during an overpressure event. Also known as pressure safety valves (PSVs), pressure relief valves (PRVs), safety relief devices (SRDs) and relief valves (RVs), PRDs serve as the last line of defense for pressure vessels, boilers, and other structures with pressurized containment. Due to their critical nature, it is vital to have a reliable inspection program in place to ensure availability of PRDs, in the case of overpressure events.

With PinnacleART’s PRD Risk-based Inspection service, a PRD RBI analysis will be performed for each PRD, utilizing PinnacleART’s propriety PRD RBI software tool. Design and process information, overpressure scenarios, and inspection history will be reviewed and uploaded to the software. Risk will be calculated for both the Fail to Open (FTO) and Leak Cases, and a report will be provided identifying the inspection plans for each PRD. The result of PinnacleART’s RBI analysis for PRDs is a calculated inspection schedule that minimizes downtime, maintenance activities and costs, while reducing safety and environmental risk and increasing equipment reliability.

Tank Risk-Based Inspection (RBI)

With PinnacleART’s Tank Risk-based Inspection service, a tank RBI analysis will be performed for each atmospheric storage tank, utilizing PinnacleART’s Tank RBI software tool. Design and process information, as well as inspection history, will be reviewed and input into the software. A corrosion assessment will be performed, risk will be calculated for the floor, shell courses and roof of the tank, and a report will be provided identifying the inspection plans for each tank. As a result of PinnacleART’s Tank RBI solution, facilities are able to achieve cost savings and reduced tank downtime through extended inspection intervals.

Interested in learning more? Reach out to us with your questions.