Application of Model Driven Valuation Methodology for Maximum Throughput in Oil and Gas Pipeline Engineering Operations

Abstract

The focus of this paper is on economic success for engineers and related experts whose primary line of business is tied to the field of pipeline mechanisms in the oil and gas industry. General purpose programming languages and computer aided design systems cannot express oil and gas pipeline engineering domain concepts appropriately, which means that domain experts in the oil and gas industry find it cumbersome to operate at optimal using conventional software in their line of business. This paper, therefore, presented a model driven valuation technique that enable the engineer simply input values corresponding to familiar notations such as pipe diameter, fittings, flow metrics etc.) on an interface to get done the kind of design, simulation artifact and other pipeline configurations without having to use any general-purpose programming system. The policies and mechanics of the valuation coupled software system production process incorporated inherent properties from MATLAB application programmer interface (API) to integrate the domain characteristics and concepts. The result became a new layer of reusable software capable of processing these domain characteristics and concepts to produce desired artefacts. A collection that supports further layers of accessible software connected through interfaces. This system is recommended to industries with a principal business interest in the oil and gas industry with the hope that crafting pipeline configurations for effective oil and gas supply within the value chain can be achieved with ease. Keywords: pipeline project, consistent valuation data, design interests, model driven design, domain driven design, design scenarios, economic success.