Corrosion of valves and flanges

Corrosion and you

How does corrosion affect you?  What can you do about corrosion?

Severe corrosion left this bolt exposed

Severe corrosion left this bolt exposed

The truth is corrosion is all around us and has an enormous, hidden impact on our economy. Every year, 6% of our GDP is lost to corrosion related costs. That’s almost half what we spend on medical costs, and more than almost any other single cost to our society besides medical. Once you start looking for it, you notice it’s virtually everywhere and often starts within days of the completion of a new building, structure, or component.

In the G2MT Labs blog, we will seek to explore these and other issues and welcome your input. All comments are moderated by our in-house staff.

So now we pose the question to you:

How does corrosion affect you in your everyday life, business, or otherwise?

Surface corrosion of drill pipes during storage

Drill pipe failure analysis

With drilling expanding in virtually every corner of the US, including the Bakken, Eagle Ford, Permian, Marcellus, Anadarko, Niobrara, and Granite Wash plays, failure analysis is increasingly important to keep up with the rapid expansion of oil and gas drilling operations.

Drill pipe and casing failures are one of the most common types we receive for failure analysis. G2MT has performed numerous failure analysis on drill pipe and joint sections from drill strings around the US and abroad. Improper processing and/or storage resulted in early corrosion and failures in several of these cases. The improper processing was demonstrated by metallography and microscopy of the drill pipe steels and can result in cracking, corrosion, and early failures if not found before use.  In other cases, improper use of pipe in overly aggressive conditions or spinning the pipe without lubrication were the root causes of failure.

Surface corrosion of drill pipes during storageAt G2MT we provide more than just guesswork about failures,  we focus on the root cause and provide effective recommendations to solve the problem.

Metallurgical Failure Analysis Services Include:


Please contact us now at 888-308-9084 to learn more or:



To learn more about G2MT Labs, please check out:

– Our facilities

– See some of our high-quality metallographic testing,

– More about our failure analysis services, and

– Cutting-edge hydrogen assessment capabilities.


G2MT is awarded a Phase I SBIR for Residual Stress Characterization in Pipelines

G2MT recently was began work on a DOT PHMSA (Department of Transportation Pipeline and Hazardous Materials Safety Administration) SBIR Phase I Project. The objective of the project is to characterize the residual stresses in pipeline dents and damaged regions. The nondestructive electromagnetic testing technology being developed for this project provides a leap forward for pipeline inspection by providing through-thickness testing of the residual stress without removal of coatings.

G2MT is working with several partner companies and collaborators to obtain and testing dented and damaged pipeline specimens and to perform in-situ testing of pipelines. Read more about our project on the official DOT PRIMIS website. If you want to learn more or contribute to this project, please contact us today!

The cost of corrosion exceeded $1 trillion in United States in 2013


Cost of Corrosion Estimate for 2013 by G2MT Labs

Cost of Corrosion Estimate for 2013 by G2MT Labs

The infographic above illustrates the growth in corrosion costs and shows how large of a draw on our economy corrosion is. With little fanfare, a significant milestone in the effect of corrosion on the U.S. economy occurred in 2013 when the total cost of corrosion in the US exceeds $1 trillion annually for the first time. In a widely-cited study (NACE Corrosion Costs Study) by the National Association of Corrosion Engineers, NACE, the direct cost of corrosion in the U.S. was estimated to equal $276 Billion in 1998, approximately 3.1 % of GDP. However, this estimate is incomplete and outdated.

Closer examination of the 1998 NACE corrosion study’s own analysis, along with a calculation of inflation since the report was produced,  indicates that total corrosion costs in the U.S. now exceed $1 trillion dollars a year, and probably exceeds $5 trillion annually around the world (assuming 6% of the GWP of 84.97 Trillion in 2012) . The indirect cost of corrosion of is estimated to be at least equal to the direct cost. In that case, the total cost of corrosion is $993 B in March 2013 and estimated to exceed $1 trillion June 2013 (based on estimates of GDP from

For more information, see the full G2MT Lab’s Cost of Corrosion page.

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