Regressions allow development of compressor cost estimation models

01/09/2012
Zhenhua Rui Paul A. Metz Gang Chen Xiyu Zhou Xiaoqing Wang University of Alaska Fairbanks Historical data and multiple nonlinear regressions allow the development of regional and national compressor station construction component cost estimation models, capable of estimating cost components with respect to both different compressor station capacities and regions. Results show a large cost difference between regions and how economies of concentration play an important role in reducing unit cost. Results also indicate that all compressor station cost components have economies of scale with respect to compressor station capacity. Limited literature is available on pipeline compressor stati...
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