API STD 18LCM

Description

This document defines the requirements of a management system for service providers performing lifecycle management of products for organizations in the petroleum and natural gas industry. The document identifies requirements for service providers of lifecycle management and the activities required to perform product lifecycle management including determination of product lifecycle management status, actions required to maintain a status, and development of the lifecycle management plan. Multiple products used together as part of a system application may be included in the scope of this document, but only as individual products. This document was developed for upstream activities application. This document is intended for pressure-containing and/or pressure-controlling products for wellbore fluids but may also be applied to other equipment that is specified by the product owner or customer. While this document and/or portions thereof could be applicable to other industry segme