Systems and Methods for Monitoring and Managing Marine Riser Assets

The computer program product of claim 3, wherein the program instructions are further executable by the computer to cause the computer to:

• compare the first predictive degradation rate and the first actual degradation rate;
• based on the first predictive degradation rate exceeding the first actual degradation rate, determine the first remaining operating lifetime of the riser asset based on the first predictive degradation rate and a baseline parameter;
• and
• based on the first actual degradation rate exceeding the first predictive degradation rate, determine the first remaining operating lifetime of the riser asset based on the first actual degradation rate and the baseline parameter.

A computer program product for generating an inspection timeline for a riser asset of a marine riser comprising a computer readable storage medium having program instructions embodied therewith, the program instructions executable by a computer to cause the computer to:

• receive a first predictive degradation rate of a first potential flaw in the riser asset;
• receive a first actual degradation rate of a first flaw in the riser asset, the first flaw corresponding with the first potential flaw;
• determine a first remaining operating lifetime of the riser asset based on the first predictive degradation rate and the first actual degradation rate;
• determine an inspection frequency for the riser asset based on a safety factor and the first remaining operating lifetime of the riser asset;
• and
• generate the inspection timeline based on the inspection frequency;
• and
• multiply the safety factor with the first remaining operating lifetime of the riser asset to determine the inspection frequency.

The marine riser inspection system of claim 20, wherein the operational assessment module is further configured to:

• compare the first predictive degradation rate and the first actual degradation rate;
• based on the first predictive degradation rate exceeding the first actual degradation rate, determine the first remaining operating lifetime of the riser asset based on the first predictive degradation rate and a baseline parameter;
• and
• based on the first actual degradation rate exceeding the first predictive degradation rate, determine the first remaining operating lifetime of the riser asset based on the first actual degradation rate and the baseline parameter.

A marine riser inspection system, comprising:

• a riser asset;
• and
• an operational assessment module configured to:
• receive a first predictive degradation rate of a first potential flaw in the riser asset;
• receive a first actual degradation rate of a first flaw in the riser asset, the first flaw corresponding with the first potential flaw;
• determine a first remaining operating lifetime of the riser asset based on the first predictive degradation rate and the first actual degradation rate;
• determine an inspection frequency for the riser asset based on a safety factor and the first remaining operating lifetime of the riser asset;
• and
• generate the inspection timeline based on the inspection frequency;
• wherein the operational assessment module is further configured to multiply the safety factor with the first remaining operating lifetime of the riser asset to determine the inspection frequency.