Mechanical Engineering Commons^™

Pipeline Risk Analysis Optimization With Monte Carlo Method Using Gamma Distribution, Farhan Rama Digita, Jaka Fajar Fatriansyah, Abdul Rahim Ridzuan, Hanna Ovelia, Imam Abdillah Mas'ud, Irma Hartia Tihara, Baiq Diffa Pakarti Linuwih

Journal of Materials Exploration and Findings

The inspection process of piping components in the oil and gas industry is one of the most crucial things, given the high risk posed by pipeline system failures, which have a huge impact on losses, both from environmental and financial aspects. Risk-based inspection with the Monte Carlo method is one of the efforts that can be made to minimize failures in piping systems, by involving data distribution to calculate the probability of component failure. Although the normal distribution is commonly used for generating random variables, its use in corrosion rate calculation can lead to overestimation due to negative corrosion rate …