GB/T 19829.1-2005
Petroleum and natural gas industries.Life cycle costing.Part 1:Methodology (English Version)

Standard No.

GB/T 19829.1-2005

Language

Chinese, Available in English version

Release Date

2005

Published By

General Administration of Quality Supervision, Inspection and Quarantine of the People‘s Republic of China

Latest

GB/T 19829.1-2005

Scope

This section gives the drilling in the oil and gas industry. Relevant regulations on life-cycle cost analysis for the development and use of equipment for oil production and pipeline transportation. The life cycle cost analysis method described in this section can be used to make decisions on alternatives with multiple cost components or asset states, so that the cost difference between alternative alternatives can be measured. This method is applicable to a wide range of solutions, especially when making decisions considering the following issues: - Conceptual design of the process: - Equipment location, e.g. comparison of modular solutions, transfer solutions; - Project implementation strategy ; — conceptual design and size of the system; — equipment type, equipment configuration and layout; — maintenance and operation strategy; — staffing strategy; — personnel levels; — logistics supply strategy; — facility improvement; — Spare parts and supply strategy; — Reuse and/or disposal. The basic approach in this section applies to all asset decisions, but the degree of process planning and management depends on the number of assets involved and the potential value that can be generated. This approach is also valuable when making new investment decisions for a project. It also provides a means of identifying key cost factors and cost control mechanisms for these factors so that costs can be effectively controlled and optimized throughout the life of the asset. The scope of this standard is limited to life cycle analysis. This part has little to do with determining the life cycle cost of a single item of equipment, but it is very necessary to determine the cost of this equipment in the process of determining the life of the asset.

GB/T 19829.1-2005 history

• 2005 GB/T 19829.1-2005 Petroleum and natural gas industries.Life cycle costing.Part 1:Methodology

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