Transforming Your Asset Integrity Management
- Why the finite element analysis method is inefficient for oil and gas asset integrity management.
- How Akselos’ reduced basis finite element analysis technology improves integrity asset management.
Oil and gas platforms operate in demanding conditions and require real-time risk and cost assessments to operate effectively. Engineers must monitor platforms continually to ensure the structural integrity of the asset.
Traditionally, oil and gas platforms have been monitored using finite element analysis (FEA). However, FEA has various shortcomings. For instance, it cannot accurately reflect physical processes acting on the structures. Instead, engineers have to either use a global coarse FEA model, which simplifies the structural detail considerably or local fine FEA models, which don’t accurately capture cumulative effects occurring within the global model. This leads to an inaccurate understanding of the causes of failure and the inability to recommend proper repair procedures.
Akselos’ advanced digital simulation technology uses reduced basis finite element analysis to overcome FEA’s shortcomings. The technology is 1000x faster and can quickly produce the most challenging 3D models of existing conditions for optimal asset integrity management.