curtis26,
I am afraid that is nearly impossible to determine, even nearly, the de-rate factors to move from what was applicable for the intermittent service to now a continuous service. If this pump was really sold as an API Std 674 pump for intermittent service, the API of that year would be applicable.
The API Std 674 of 1995 lists as main design criteria a minimum design life of 20 years and at least 3 years of uninterrupted operation. The first criterion concerns the total integrity of the pump system, and has probably been surpassed by several years in the intermittent service. The criterion of 3 years concerns mainly wear and tear parts.
If the intermittent service was specified as 3 hour per 24 hours period, but from your post it appears not that sure, you want now to use the pump for 8x the allowed operation time for the earlier allowed pumping service: pressure, speed and medium.
As already pointed out in posts above, several points can be loaded more for an intermittent service than for a continuous service e.g.:
• Wear parts will have in the 3/24h service have continuous service approximately minimally 3 x 3/24 = 3/8 year under equal loading (pressure and speed) for new pumps.
• Cyclic loaded parts will have a smaller lifetime for continuous operation than for intermittent operation, when equally loaded (pressure and speed). Exact difference can only be determined after full analysis of the pump or using the design data from the manufacturer.
• Drive system can be loaded more in intermittent service, than in continuous service.
• Lubricant as oil and grease can be loaded more in intermittent service, than in continuous service.
• Etc.
The datasheet of the pump shows what was allowed for the intermittent service. The pump did supply a specific pressure and have a specific speed during his life until now. If you compare these with the maxima detailed in the datasheet, you will get an idea of the margin that was included in the service until now. This can also give an idea of the still available lifetime for the new pressure and speed intended and the impact on wear parts.
As might be clear from these points you have to know the limiting points of your pump. From these points you could start to de-rate, but as you pump probably already surpassed the 20 years of lifetime, it is questionable for what you are de-rating.