Construction costs of pipelines vary, as do the cost of stations depending on the type of equipment and materials used, site purchase price, locale, time of year, and specified workmanship. In this assignment, you will construct a table based on the relative economics of three different pipelines (12”, 16”, and 20”) and the associated pump stations.

Requirements:

• Font: Arial, size 11.

• Centre alignment for all columns except column 1.

• Use the same column width for columns 2, 3, and 4.

• Table must fit into the portrait format in order to print on one page.

• All rows must be the same height except the last row, which is double the regular row size. Centre the data for height and width.

• All calculations will have $ signs and appear in bold.

• All numbers must show two decimal places to represent cents

Part 1: Estimate the Investment in Pipelines and Pump Stations

500 ‐ MILE PIPELINE TO HANDLE 50,000 BBL/D OF CRUDE OIL

Determine the number of pump stations and the total pressure drop required for each of the cases. The rate of pressure drop per mile and pressure per station is given in Assignment 1 Template.

The pipeline cost per mile is $24,000 for 12”, $32,000 for 16”, and $44,800 for the 20”. The pump stations cost $1,000,000 each. Estimate the investment in pipeline and pump stations and calculate the total investment.

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Transcribed Image Text:

Plan No. Line size 500 - MILE PIPELINE TO HANDLE 50,000 BBLS/D OF CRUDE OIL All costs in Dollars ($) Pressure drop per mile Total Pressure drop Number of Stations Pressure Per Station Estimated Investment: Pipeline Pump Stations Total Investment Plan No. Yearly Operating Costs: Salaries and Wages Initial Station Intermediate Stations Delivery Terminal Fuel & Lube Oil Maintenance Depreciation: Pipelines @ 2% Stations @ 4% Ad Valorem Taxes @ 1% Total Yearly Cost Cost per barrel ī 12" 12 psi/mile 1,200 psi I II 16" 4 psi/mile 1,000 psi II 20" 1.4 psi/mile 700 psi Plan No. Line size 500 - MILE PIPELINE TO HANDLE 50,000 BBLS/D OF CRUDE OIL All costs in Dollars ($) Pressure drop per mile Total Pressure drop Number of Stations Pressure Per Station Estimated Investment: Pipeline Pump Stations Total Investment Plan No. Yearly Operating Costs: Salaries and Wages Initial Station Intermediate Stations Delivery Terminal Fuel & Lube Oil Maintenance Depreciation: Pipelines @ 2% Stations @ 4% Ad Valorem Taxes @ 1% Total Yearly Cost Cost per barrel ī 12" 12 psi/mile 1,200 psi I II 16" 4 psi/mile 1,000 psi II 20" 1.4 psi/mile 700 psi

Answer rating: 100% (QA)

To estimate the investment in pipelines and pump stations for the three different pipeline sizes 12 16 and 20 to handle 50000 barrels per day BBLD of ... View the full answer