serviceable life

According to a permit application filed in February by Cooke Aquaculture Pacific in anticipation of replacing the three-pen floating farm off Cypress Island, the system was corroding, rusting and “nearing the end of its serviceable life.”

In the February application to replace the farm through a $1.4-million makeover, Cooke officials wrote that “the current condition of the existing fish pen structure can be described as ‘used and nearing the end of serviceable life.’

Both officials and ecologists have been saying that many Russian oil and gas pipelines and refineries are either reaching the end of their serviceable life or have even surpassed the mark, while ageing oil fields make companies think of how much it could cost to discover new ones.

The importance of serviceable life data must not be over-estimated, according to Anatoly Dmitrievsky, director of the Oil and Gas Research Institute of the Russian Academy of Sciences.

Many men would think it hard to be limited to an utmost twenty thousand pounds for their fortunes, but here is a sterner limitation; the Pactolus of time, sand, and gold together, would, with such a fortune, count us a pound an hour, through our real and serviceable life.