An apparatus designed for use in oil and gas wells in a high pressure high temperature environment, including for drilling, completion and production operations, the apparatus including components analyzed using a computer system including a processor, memory, input/output devices, and software, the software including instructions for execution of the computer system, having the characteristics comprising:
- (a) when analyzed using the computer system for global static strength and local plasticity using an elastic-plastic finite element model with respect to certain preset load conditions and using the least favorable combination of dimensional tolerances for each component and based on an initial mesh density, the components:
- (i) achieve a stable model convergence using all preset load conditions;
- (ii) exhibit a mesh density where further refinement in mesh density of stressed portions of the components will result in less than a pre-selected mesh refinement percentage change in plastic strain;
- (iii) achieve a strain limit damage for the stressed portions of the components identified by the model that is less than a set strain limit damage amount;
- (b) when subjected to a ratcheting assessment by elastic-perfectly plastic analysis using the computer system, components that exhibit local plasticity at the maximum combination of preset load conditions are resistant to ratcheting using the preset load conditions by demonstrating at least one ratcheting criterion;
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- (c) achieve acceptance criteria when the fatigue sensitive locations of the components are subjected to a fatigue analysis using the computer system.