Pipeline Replacement Planning: Know when to replace, repair, and optimize
Today’s utility operators face constant challenges: prioritizing asset replacements amidst ageing networks, stricter regulations, increasing focus on methane emissions reduction, and rising crew mobilization costs. These challenges demand strategic prioritization of asset repairs and replacements to optimize maintenance planning, minimize costs, and ensure network reliability.
Synergi Mains Replacement Planner (MRP) is a powerful tool that utilizes a data-driven approach for optimizing pipeline asset replacements and maximizing network lifespan. It helps operators:
- Prioritize replacements strategically: Leverage predictive analytics and scenario evaluation to identify critical assets and develop proactive multi-year plans.
- Invest in the right assets at the right time: Minimize unnecessary repairs and replacements and optimize capital expenditures by focusing on assets nearing the end of their useful life.
- Maximize asset lifespan: Implement continuous asset management strategies to extend a network’s life.
Maximize resource utilization in pipeline replacement projects
Asset lifecycle management is often highly resource-intensive. Synergi MRP simplifies resource optimization through proactive work planning capability; it scopes replacement or refurbishment requirements, maintains a consistent performance level, and demonstrates regulatory compliance.
Synergi MRP empowers operators to take control of their network assets, resulting in:
- Optimized CAPEX vs. OPEX spending by maximizing risk reduction per dollar spent.
- Proactive plans to minimize incidents and reduce emissions.
- Minimized emergency leak repairs by replacing mains before they become consistent operations and maintenance problems.
- A strong negotiating position with replacement contractors by developing a firm multi-year replacement strategy with cost estimates.
Drive strategic capital investment planning for pipeline infrastructure
By combining Synergi MRP with cutting-edge Pipeline Integrity and Risk Management software, Synergi Pipeline, operators can better estimate, manage, and mitigate risk events with unprecedented accuracy and drive risk-informed asset replacement prioritization. By aligning company resources with areas of higher risk concentration, the tools help reduce system risk, optimize maintenance budgets, and minimize the cost of replacement projects. Additionally, a clear picture of risk results in capital investment plans that are not only effective but also easily justifiable to regulators and customers, ensuring the long-term health and efficiency of the network.
Boost your pipeline replacement strategies with Synergi MRP and Synergi Pipeline:
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Leveraging probabilistic risk to drive pipeline replacement planning
Instead of relying on relative risk calculation or leak history-based statistical approaches, utilities can now use DNV’s comprehensive Probabilistic Risk Assessment (PRA) models to enable risk-informed asset management.
Based on the probabilistic, quantitative likelihood of failure and consequence of failure scores for each asset, the cutting-edge tools monetize risk across all assets, rank them and prioritize resources accordingly. PRA models also help determine the impact of data uncertainties on risk, enabling integrity engineers and leaders to decide whether to drive mitigation programs for threats on assets versus improve data quality for assets (e.g. ILI runs).
DNV’s PRA Models and risk analytics are backed by extensive risk management experience, providing operators with actionable risk intelligence to efficiently extract the critical knowledge regarding risk drivers and trends useful for decision-making.
Why choose Synergi MRP as a strategic planner for asset replacements?
Synergi MRP gives operators a roadmap to optimally modernize their pipeline infrastructure, while ensuring reliability and continuity of services.
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Synergi Mains Replacement Planner ensures compliance with industry standards such as ASME B31.8S, providing users with confidence in the reliability and safety of their pipeline infrastructure planning. |
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Transform your asset replacement planning
Schedule your Synergi Mains Replacement Planner demo