Risk = (Likelihood) x (Consequences of events that results from failure)
So, how do you specifically address the “Consequence” portion of the above risk equation in case of a pipeline failure?
No need to reinvent the wheel or do complex calculations. The formula is already available –
The radius of impact of the impact circle (r) = (0.69)*d*(p)^0.5
where,
d = Outside diameter of the pipeline (in)
p = Pipeline segment’s maximum allowable operating pressure (MAOP) (psig)
r = radius of the impact circle (ft)
So, how do you specifically address the “Consequence” portion of the above risk equation in case of a pipeline failure?
No need to reinvent the wheel or do complex calculations. The formula is already available –
The radius of impact of the impact circle (r) = (0.69)*d*(p)^0.5
where,
d = Outside diameter of the pipeline (in)
p = Pipeline segment’s maximum allowable operating pressure (MAOP) (psig)
r = radius of the impact circle (ft)
