The decline in oil and gas drilling may soon end. The American Petroleum Institute (API) revealed that the number of drilled oil wells has dipped to only 8.8% this year. In 2015, that descent went as far down as 21%. The minor decrease indicates that the downturn in the industry may be at its conclusion. What this further indicates is the potential for more production, which will mean greater integrity with storage.
When Good Tanks Go Bad
Aboveground storage tanks are ideal for your operations. They are not just affordable to build; they also enable better visual inspections, so your employees can spot leaks and resolve the problem quickly. While cost-effective and safe, the steel storage can create multiple hazardous situations beyond leaks.
You could trace some hazards back to the tank’s construction. Shoddy storage tank building could easily degrade the structure. It could show signs of stress and crack even with the slightest pressure. Not only will such problems affect your company’s compliance with state standards, but it can also cost lives and your organization’s reputation.
What You Need to Do
Implementation of safety measures, making sure employees pass the training, and, of course, securing the quality of your storage tank’s construction can eliminate hazards. But there is one other crucial step you need to take: a tank inspection.
Tank inspections ensure integrity according to industry standards. One of which is the API 653, a regulatory requirement for bolted or atmospheric welded tanks built according to API 650 standard. You’ll need a licensed inspector to evaluate the tank and its components. The thorough inspection will involve a visual and ultrasonic check to ensure that your storage tank is free from damage.
You’ll want to incorporate the inspections into your safety program, including the frequency of the examination, to ensure implementation even when you're not around.
Another standard inspection is the STI SP001 from the Steel Tank Institute, which applies to shop-built aboveground storage tanks.
You should never tire of the word “safety.” When your facility stores oil or petroleum, safety measures become a way of life. They are not just crucial to securing lives, but also ensuring your bottom line and the reputation of your company.