Cost estimates were developed for this project based on historic information and. Pdf the aim of this paper is to investigate cost overrun of pipeline projects. In 2004, transport canada initiated a major project called the full. This study aims to provide a reference for the pipeline construction cost, by analysing individual pipeline cost components with historical. Corrosion costs and preventive strategies in the united. Rapidly rising pipeline construction costup 60% yearonyear and more than twice what they were only 2 years earlierlikely also moved gas pipeline operators away from adding significant mileage. In this paper, the multiple nonlinear regression model based on the most current natural gas pipeline cost data was developed to estimate the co 2 pipeline construction costs 76 77 78.
Historical pipeline construction cost analysis article pdf available in international journal of oil gas and coal technology 43. Read historical pipeline construction cost analysis, international journal of oil, gas and coal technology on deepdyve, the largest online rental service for scholarly research with thousands of academic publications available at your fingertips. Pdf historical pipeline construction cost analysis researchgate. Pdf regression models estimate pipeline construction costs. Pdf this study aims to provide a reference for the pipeline construction cost, by analysing individual pipeline cost components with historical. Historical pipeline construction cost analysis 247 between 1992 and 2008. Cost data of 412 pipelines recorded between 1992 and 2008 in the oil and gas journal are. All pipelinecompressorstationconstruction component costs are reported in. Percentages can also be used to estimate the cost of project elements based on historical cost. Water supply pipeline projects in the west location where it would be used. Therefore, cost is defined as real, accounted costs. Pdf historical pipeline construction cost analysis zhenhua rui.
Figure historical natural gas prices 34 figure 14 npv as a function of natural gas price, 4% discount rate 37. The study includes data on pipeline and compressor station construction costs over several years. Estimated pipeline construction costs per mile and % of total. Natural gas shortterm price history, 4% discount rate. Based on the customers energy needs, the construction cost of a.
Pdf an analysis of inaccuracy in pipeline construction cost. Based on the analysis of historical pipeline cost estimated errors, table 8. Unfortunately, the data did not show the construction period. An acrefoot af of water weighs more than 1,360 tons. Pdf historical pipeline construction cost analysis. Historical bid data is commonly used to define parameters related to the cost of a typical transportation facility construction, such as cost per lane mile, cost per interchange or cost per square foot. The purpose of this paper is to conduct a comprehensive analysis on pipeline costs from 1992 to 2008 with various perspectives. This study aims to provide a reference for the pipeline construction cost, by analysing individual pipeline cost components with historical pipeline cost data. On the basis of the analysis of historical pipelinecompressor. The city cost indexes for canada can be used to convert u.
Pipeline construction drivers, corrosion costs and engineering. Risk analysis framework for cost estimation by charles yoe, ph. Inaccuracy in pipelinecompressor station constructioncost. Cost benefit analysis of a natural gas lateral pipeline to the annapolis valley by.
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