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Optimal storage of load data for lifetime prediction for equipment used in a well operation

  • US 10,380,280 B2
  • Filed: 11/17/2016
  • Issued: 08/13/2019
  • Est. Priority Date: 11/17/2016
  • Status: Active Grant
First Claim
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1. A method for optimal storage of load data for lifetime prediction for a piece of equipment used in a well operation, the method comprising:

  • using a lifetime model for the piece of equipment used in the well operation;

    calculating, by a processing device, a bucket size using one of the lifetime model and a distribution of load data;

    discretizing, by the processing device, a load data spectrum into one or more buckets using the calculated bucket size;

    collecting load data of the piece of equipment;

    assigning, by the processing device, the collected load data to the one or more buckets of the load data spectrum;

    storing, by the processing device, the collected load data assigned to the one or more buckets to a memory;

    determining, by the processing device, a lifetime estimation of the piece of equipment based on the load data assigned to the one or more buckets of the load data spectrum and stored to the memory; and

    replacing or rerunning the piece of equipment based on the lifetime estimation.

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